Targeted audience:
-Financial managers.
-Planning managers.
-Internal auditing managers.
-Accountants.
-Internal and external audits.
-Financial analysts.
-Managerial accountants.
Training program goals
-Introducing budgets' general framework including budgets' importance, concept, and their economic, social, financial and monetary dimensions and how to prepare budgets.
-Gaining budget preparation skills throughout forecasting budget elements (income, expenses) and the general rules that apply to budgeting, learning different classifications of budgets.
-Gaining public budgeting skills with the emphasis on recently used concepts in the developed countries.
-Equip participants with various skills of analysis using numerous models and methods for the purpose of monitoring and evaluating.
-Gaining analytical skills to determine the level of effectiveness and efficiency of public budgets, learning how to achieve public rationing, and how to minimize budget deficits.
Contents & program outline:
-The nature of budgets.
-The concept and importance of budgets.
-Rules and procedures for budgets' preparation.
-General principles of how to prepare and use budgets.
-The steps in preparing budgets.
-Principles of classifying budget elements.
-Modern directions of preparing budgets.
-Schedule and performance budget.
-Planning and systems budget.
-Zero-based budget.
-Analyzing and explaining public budgets' elements.
-The managerial public budget.
-Public organizations & bodies budgets.
-Economic organisations & bodies budgets.
-Public budget classifications.
-The current budget.
-The investment budget.
-Various case studies for all types of public budgets types.
-The concept & nature of budget checking.
-Distinguishing and comparing between budget checking and auditing.
-The purpose of budget checking.
-Who performs the budget checking and the finalizing of accounts?
-The types of budget checking.
-The steps in budget inspecting and finalizing accounts.
-The most vital factors in budget checking and finalizing accounts.
-Diversified case studies.
-The role of inspection and financial analysis in budgets' analysis.
-The analytical examination of public budgets.
-The nature of procedures when performing the analytical examination of public budgets.
-The goals and timing of analytical examination.
-Planning for analytical examination procedures.
-The reliability of analytical examination procedures.
-Public budgets' financial analysis.
-The concept and importance of financial analysis.
-The uses of financial analysis.
-The different methodologies of applying financial analysis to public budgets.
-Diversified case studies.
-The modern directions of budgets analysis (Workshop).
-Analyzing program effectiveness.
- Analyzing program efficiency.
-Economic analysis.
-Justice analysis.
-Diversified case studies.
-Analyzing public budgets' efficiency and effectiveness.
-The concept of public budgets' efficiency and effectiveness.
-Different types of efficiency and effectiveness.
-Efficiency and effectiveness evaluation requirements.
-Efficiency and effectiveness evaluation steps.
-Efficiency and effectiveness measurement indicators.
-Diversified case studies.