BEGIN:VCALENDAR VERSION:2.0 PRODID:-//Eventin//Event Calendar//EN CALSCALE:GREGORIAN METHOD:PUBLISH BEGIN:VEVENT UID:d5cd8936763360efcaa51b0500a355a9@egytraining.org SUMMARY:Accounting &\; Budgeting for Public Sector DESCRIPTION:Introduction\nIn the public sector\, public sector accounting a nd government budgeting are vital to ensure financial transparency and effi ciency in resource allocation. This advanced course is designed to provide an in-depth overview of the fundamental principles and key functions within the ever-evolving field of public sector finance. Non-financial employees and managers in public institutions are increasingly required to contribute to the budgeting process and interpret financial information presented in departmental reports.\nThis training will serve as a practical introduction for non-financial managers\, as well as an invaluable refresher and update for finance professionals working in the public sector. The course also in cludes important updates on International Public Sector Accounting Standard s Board (IPSASB) guidelines and recent developments in the field of New Pub lic Management (NPM)\, with a focus on the approaches and reasons behind th e rise of New Public Financial Management (NPFM).\nCourse Objectives\nBy th e end of this course\, participants will be able to:\n\nUnderstand the role of financial accounting in public sector management.\nPrepare financial st atements in compliance with the IPSASB framework.\nAnalyze and interpret pu blic sector financial reports effectively.\nUse forecasting techniques to p lan for income and expenses.\nActively participate in the government budget ing process.\nUnderstand and apply capital investment appraisal methods wit hin the public sector.\nImplement strategies for effective public finance m anagement.\n\nCourse Outlines\nDay 1: Fundamentals of Public Sector Finance \n\nBasic principles of macroeconomic and fiscal policy.\nTypes of public s ector financial decision-making.\nThe purpose of public sector accounting a nd budgeting.\nThe dimensions of New Public Management (NPM) and its impact on public finance.\nFinancial accounting basics:\n\nKey concepts in financ ial accounting.\nCash vs. accrual accounting in the public sector.\nQualita tive characteristics of financial statements.\n\n\n\nDay 2: Financial Repor ting in the Public Sector\n\nComparing the IPSASB framework with the IASB f ramework.\nDistinctive characteristics of public sector financial accounts. \nThe five elements of financial statements in public sector reports.\nRepo rting standards relevant to public sector financial reporting.\nAssets and liabilities: Principles for recognition and measurement.\nNature and classi fication of public sector income and expenses.\nKey principles of public se ctor financial management.\n\nDay 3: Financial Analysis of Public Sector Ac counts\n\nUnderstanding and analyzing cost behavior in the public sector.\n Cost-volume-profit relationships and their impact on financial analysis.\nW hy analyzing financial statements is critical for public sector decision-ma king.\nTools in the financial analyst’s toolkit.\nInterpreting financial ratio analysis of public sector financial reports.\nStrategies for managing and improving spending deficits.\n\nDay 4: Public Sector Budgeting\n\nSett ing goals and outcome requirements in government budgeting.\nFinancial and non-financial performance measures.\nObjectives of public sector budgets an d how they align with public service goals.\nOutcome-focused budgeting in t he public sector.\nLayers of budgeting in the public sector.\nForecasting i ncome and costs using effective techniques.\nHuman aspects and dysfunctiona l budgeting behaviors.\nPrinciples of capital budgeting in the public secto r.\n\nDay 5: Capital Investment Decision-Making\n\nCharacteristics of capit al investment decision-making in the public sector.\nInvestment appraisal t echniques for public projects.\nPrinciples of discounted cash flow analysis (DCF).\nUnderstanding Net Present Value (NPV) in investment decision-makin g.\nOutsourcing services: Objectives and decision criteria for public secto r decisions.\nPublic-Private Partnerships (PPP) and Private Finance Initiat ives (PFI): Decision-making criteria and objectives.\nReforms in public sec tor financial management.\nUnderstanding the need and purpose of financial reforms in the public sector.\n\nWhy Attend This Course: Wins & Losses!\nAt tending this course offers significant benefits to your career and organiza tional effectiveness:\n\nGain a comprehensive understanding of public secto r accounting: Learn what public sector accounting means and why it is cruci al for managing public finances.\nMaster government budgeting: You will lea rn how to prepare a government budget\, focusing on both financial and non- financial performance measures.\nDevelop key financial planning skills: Und erstand the techniques for financial planning in the public sector\, includ ing income forecasting\, capital budgeting\, and investment appraisal.\nSta y up-to-date with IPSASB standards: Get the latest updates on government ac counting standards and how to apply them in real-world scenarios.\nSharpen your financial analysis skills: Learn how to analyze public sector financia l reports\, interpret financial ratios\, and assess fiscal health.\nEnhance decision-making in public finance: You will learn to apply key principles of public finance management\, enabling you to improve budgeting processes and financial governance.\nProfessional certification: Receive a certificat ion recognized in public sector finance\, enhancing your credentials for fu ture opportunities in the public or private sector.\n\nThis course will pro vide you with the tools and strategies necessary to improve the financial m anagement and accountability in any public sector institution\, whether you are a financial or non-financial manager.\nConclusion\nPublic sector accou nting and government budgeting are fundamental to the successful management of public finances. This course offers practical skills in both areas\, in cluding how to apply international government accounting standards\, analyz e financial data\, and effectively manage budgeting processes. Whether you' re a non-financial manager aiming to understand how to engage in the budget ing process or a finance professional seeking to update your skills in the latest public finance management trends\, this course is designed for you.\ nDon't miss the opportunity to enhance your expertise in public sector fina nce. Enroll today and start mastering the financial tools and strategies th at will enable you to drive effective fiscal management in your organizatio n. LOCATION:Rome DTSTAMP:20260614T222854Z DTSTART:20260604T034500Z DTEND:20260617T210500Z END:VEVENT END:VCALENDAR