open Programme: public sector

Public Budgeting & Financial Management

The focus of this course is almost entirely on the expenditure side of public financial management, looking at budgeting, accountability and the changes in financial management. In professions across the public sector, whether medical, educational, legal, engineering or custodial, people are making choices about investments, about how to achieve efficiency, how to stay within budget and how to improve performance. Officers have to understand costs, budgets, financial statements about cash flows, and expenditures, even when they are not in accountancy. There are also changes in what people are being held to account for. It is no longer sufficient to have accounts that show that money has been spent how governments intended. Politicians and the public want to know how well it has been spent, whether it has been used efficiently and whether it has achieved the purposes for which it was allocated.

To cope with these and other changes, the ways in which public finances are managed has had to adapt. In many countries, budgets and accounts are no longer concerned just with the cash allocated and spent but also with the resources used in providing services – capital resources and assets, as well as people and materials. The further away from cash accounting the systems get the less they look like our personal accounts and the more we need to learn about the relevant concepts to enable us to understand and run them.

Who Should Attend

This course will benefit all middle management cadres from senior officers to chief Financial officers and directorate cadre i.e. Assistant directors, deputy directors and directors in non -financial roles that need to be conversant with public financial management

Course Objectives  

At the end of the course each delegate will be able to: 

  • Understand how public budgeting fits into the macroeconomic framework
  • Apply ideas about accountability to the production of various forms of account for public services and public money
  • Understand how changes in public management require different forms of public accounting
  • Read a budget and a set of national accounts and understand the differences between budgets and accounts in different jurisdictions
  • Understand costs and different ways of measuring them and how costs are used in budgets
  • Understand the budget process at national and sub-national levels and the techniques appropriate at different levels
  • Apply budgetary control methods
  • Use financial management to enhance the performance of public organisations
  • Appreciate how public financial management interfaces with politics and political choices

Course Content

  • The Context of Financial Management
  • Budget Coverage, Classification and Structure
  • Costs
  • Accounting and Budgeting: National Level
  • Accounting and Budgeting: Sub-National Level
  • Budget Execution
  • Financial Management and Performance
  • Budgeting and Democracy: Conclusions

Location                          Pricing (Ex. VAT)                        Dates

Nigeria                              N225,000                                    19th - 23rd September 2016

Nigeria                              N225,000                                    5th - 8th December 2016