Gain a solid foundation in budgeting, financial reporting, and resource allocation specific to government operations.
Course Description
This course is designed to provide you with a comprehensive understanding of the key principles, concepts, and practices of public financial management. It will equip you with the knowledge and skills necessary to effectively manage public resources and contribute to the achievement of public policy objectives.
Throughout this course, we`ll explore the fundamental principles of accounting practice, budget preparation, cost accounting in a government context and the key elements of budget execution and monitoring. You will explore various accounting concepts, budgeting systems and approaches, cost terminology and classifications, and tools and techniques for effective budget monitoring and control.
To complete this course, learners are required to go through a pre-course mini-test, five modules and a case study as well as successfully pass the post-course test.
Certification
Upon successful completion of the course, you will receive a successful `Completion Badge` that validates your expertise in the subject matter. Our badge demonstrates your commitment to professional growth and sets you apart in a competitive job market. Showcase your skills and enhance your career prospects with this valuable credential.
Learning Outcomes
By the end of this course, learners will be able to:
Define and explain the key concepts, principles and objectives of public financial management.
Compare and contrast cash and accrual accounting and comprehend government accounting standards.
Understand the budget preparation process and explore alternative budgeting approaches.
Discuss cost accounting principles and methods in a government context including the use of costing systems for performance evaluation
Understand and implement effective budget execution, monitoring and control processes.
Experience the full range of our courses with a complimentary 10-day trial period for individual evaluation. Dive into our content, explore our comprehensive learning resources, and gauge the value our courses can bring to your professional development journey.
Reach out to us at conrad.hamer@parlicentre.org and kickstart your journey toward professional growth and excellence today!