Advanced Financial Management in the Public Sector

Objectives:
• Understand advanced financial management principles in the public sector
• Analyze and apply financial strategies specific to public sector organizations
• Evaluate the impact of financial decisions on public sector operations and outcomes
• Develop skills in financial forecasting, budgeting, and risk management in a public sector context
Course Content:
• Public Sector Financial Environment
• Overview of public sector financial management
• Legal and regulatory framework for public sector finances
• Differences between public and private sector financial management
• Financial Analysis and Reporting in the Public Sector
• Financial statement analysis in public sector organizations
• Budgeting and performance measurement in the public sector
• Reporting requirements and transparency in public sector financial management
• Strategic Financial Planning in the Public Sector
• Long-term financial planning in public sector organizations
• Capital budgeting and investment decisions in the public sector
• Funding strategies for public sector projects and initiatives
• Risk Management and Internal Controls in the Public Sector
• Risk assessment and mitigation in public sector financial management
• Internal controls and governance in public sector organizations
• Compliance and accountability in public sector financial operations
• Public Sector Financial Policies and Decision Making
• Fiscal policy and its impact on public sector finances
• Financial decision-making processes in public sector organizations
• Ethical considerations in public sector financial management

FOR WHOM:
Financial and budget personnel in governments and anyone who is interested in governmental finance.

Methodology
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities.

DATE:
1ST BATCH:        25th – 28th Feb,                                2025     

2ND BATCH:       1st – 4th July,                    2025
3RDBATCH:        11th – 14th Nov,               2025