BEGIN:VCALENDAR VERSION:2.0 PRODID:-//Eventin//Event Calendar//EN CALSCALE:GREGORIAN METHOD:PUBLISH BEGIN:VEVENT UID:f718e297568e53438f4eb418ec509e52@egytraining.org SUMMARY:Advanced Public Sector Accounting &\; Budgeting DESCRIPTION:Introduction\nThe rapidly evolving field of Public Sector Accou nting and Public Finance Management plays a critical role in ensuring the f inancial sustainability and accountability of government institutions. This comprehensive training seminar is designed to provide a thorough understan ding of the fundamental principles and key functions in the public sector f inance sector. Non-financial public sector employees and managers are incre asingly called upon to contribute to the budgeting process and interpret de partmental financial reports effectively.\nThis course offers a practical i ntroduction for non-financial managers\, while also serving as a crucial re fresher for finance professionals working in the public sector. In addition \, it covers the latest updates on International Public Sector Accounting S tandards (IPSASB) and recent developments in New Public Management (NPM)\, focusing on the need for modern approaches to Public Financial Management a nd strategies for public sector budgeting.\nCourse Objectives\nBy the end o f this training course\, participants will be able to:\n\nUnderstand the es sential role of financial accounting in public sector management.\nPrepare accounts in accordance with the IPSASB framework.\nAnalyze and interpret pu blic sector financial reports with confidence.\nUse forecasting techniques to plan for income and expenses.\nUnderstand and actively participate in th e public sector budgeting process.\nApply capital investment appraisal meth ods to evaluate financial decisions.\n\nCourse Outlines\nDay 1: Fundamental s of Public Sector Finance\n\nBasic Principles of Macroeconomics and Fiscal Policy: Understanding the broader economic environment in which public sec tor accounting operates.\nTypes of Public Sector Financial Decision-Making: Key financial decisions made within public sector institutions.\nPurpose o f Public Sector Accounting and Budgeting: The vital role of accounting and budgeting in the management of public funds.\nThe Dimensions of New Public Management (NPM): An introduction to NPM concepts and how they relate to fi nancial management in the public sector.\nFinancial Accounting Basics: Intr oduction to public sector accounting\, including the differences between pr ivate and public sector accounting.\nCash vs. Accruals Accounting: Understa nding the impact of accounting methods in the public sector.\nQualitative C haracteristics of Financial Statements: Ensuring transparency and accountab ility in public financial reports.\n\nDay 2: Financial Reporting in the Pub lic Sector\n\nIPSASB vs. IASB Framework: Understanding the difference betwe en public sector accounting standards and those used in the private sector. \nDistinctive Characteristics of Public Sector Financial Accounts: Key feat ures of financial reports in the public sector.\nThe Five Elements of Finan cial Statements: Components of public sector financial reports.\nReporting Standards Relevant to Public Sector Financial Reports: The international st andards guiding public sector accounting.\nAssets and Liabilities: Principl es for recognition and measurement in the public sector.\nPublic Sector Inc ome and Expenses: Classifying and recognizing income and expenditures in pu blic sector accounting.\nPrinciples of Public Sector Financial Management: Key principles for managing public finances effectively.\n\nDay 3: Financia l Analysis of Public Sector Accounts\n\nUnderstanding and Analyzing Cost Be havior: The role of cost analysis in public sector budgeting.\nCost-Volume- Profit Relationship: Key concepts for financial forecasting and analysis.\n Why Analyze Financial Statements?: The importance of financial analysis for decision-making and accountability.\nThe Financial Analyst’s Toolkit: To ols and techniques for analyzing public sector financial data.\nInterpretin g Financial Ratio Analysis: How to evaluate public sector financial reports using ratio analysis.\nManaging and Improving Spending Deficits: Technique s for managing public spending deficits.\n\nDay 4: Public Sector Budgeting\ n\nSetting Goals and Outcome Requirements: How to establish goals for publi c sector budgeting.\nFinancial and Non-financial Performance Measures: Asse ssing both fiscal and operational outcomes.\nObjectives of Public Sector Bu dgets: Understanding the overarching goals of public sector budgets.\nOutco me-Focused Budgeting in the Public Sector: The shift towards results-driven financial planning.\nBudget Layers: Different components of public sector budgets.\nTechniques for Forecasting Income and Costs: Approaches for forec asting revenue and expenditure.\nHuman Aspects and Dysfunctional Budgeting: Identifying behavioral issues in the budgeting process.\nPrinciples of Cap ital Budgeting: Applying capital budgeting techniques to public finance man agement.\n\nDay 5: Capital Investment Decision-Making\n\nCharacteristics an d Decision-Making Process: Key steps in capital investment decision-making. \nInvestment Appraisal Techniques: Methods for evaluating investment projec ts in the public sector.\nDiscounted Cash Flow (DCF) Analysis: How to apply DCF analysis in capital investment decisions.\nNet Present Value (NPV): Th e importance of NPV in evaluating public sector investments.\nOutsourcing S ervices: Objectives and decision criteria for outsourcing in the public sec tor.\nPPI and PFI: Evaluating Public-Private Initiatives (PPI) and Private Finance Initiatives (PFI) in the public sector.\nPublic Sector Financial Ma nagement Reforms: Understanding the importance of financial reforms in impr oving government budgeting systems.\nKey Issues for the Future of the Publi c Sector: Challenges and future trends in public sector budgeting and finan cial management.\n\nWhy Attend this Course: Wins & Losses!\nAttending this course will give participants the ability to:\n\nUnderstand the evolving pr inciples and practices of public sector accounting and budgeting.\nGain in- depth knowledge of public finance management and apply it to real-world sce narios in the public sector.\nMaster the public sector budgeting process\, enhancing your ability to plan\, allocate\, and monitor public funds effici ently.\nLearn how to apply capital investment appraisal methods to make inf ormed financial decisions in government projects.\nStay updated with the la test developments in public sector financial management\, including the IPS ASB framework and reforms in New Public Management.\n\nBy the end of the co urse\, participants will be better equipped to understand and implement the financial management practices that ensure public accountability\, transpa rency\, and effective resource allocation.\nConclusion\nThis Public Sector Accounting and Budgeting course is designed to provide professionals\, both non-financial managers and finance experts\, with the tools and techniques to navigate the complexities of public finance. Whether you are involved i n preparing\, analyzing\, or managing public budgets\, this course will equ ip you with the knowledge needed to contribute effectively to the financial sustainability and growth of public sector organizations.\nIf you’re loo king to improve your understanding of public sector budgeting\, financial r eporting\, and capital investment decisions\, this course is a must-attend. With insights into public finance management and real-world applications\, you’ll leave empowered to make a significant impact in your organization ’s financial management practices.\nRegister now to ensure your place in this crucial seminar and enhance your skills in public sector financial man agement today! LOCATION:Cairo DTSTAMP:20260614T220846Z DTSTART:20260621T034500Z DTEND:20260704T210500Z END:VEVENT END:VCALENDAR