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Finance and Accounting Seminars


How to Generate Money from the Public Sector


REF: F2091  DATES: 15 - 19 Dec 2019  VENUE: Singapore  FEE: 5000 

Overview:

The goal is to develop participants' analytical and consulting skills in the area of public finance. The course is targeted to those participants  whose major is in public administration, business-government relations, or management in the service industry (education, healthcare, culture, etc.).

Course Objectives:

  • to introduce participants to the public sector reform agenda with a focus on public finance issues.
  • to demonstrate administrative, political, and economic constraints to public finance reforms.
  • to develop analytical skills of the participants in three major areas of public finance reforms (performance-based budgeting, mid-term financial planning, budget decentralization).
  • to train participants how to develop budgeting and performance evaluation systems for public sector institutions.
  • to develop participants’ skills on how to write a public policy paper and make a presentation on public policy issue.

Course Outlines:

Introduction to Public Finance. Review of the Public Finance Reforms:

  • Public sector reforms and the role of public finance.
  • Administrative, political, and economic constraints in designing and implementing public finance reforms.
  •  Stages in public finance development.

Budgeting and Performance Evaluation in Public Sector Organizations:

  • The role of budgeting in managing public sector organizations.
  • Strategy map for public sector organizations .
  •  The place of budgeting and financial management in strategy maps.
  •  Elements of balanced scorecard for public sector organizations.
  •  Strategic readiness and the role of budgeting.
  • Financial responsibility centers..
  • Budgeting framework.
  • Structure of FRC budgets.
  • Revenue budget.
  • Prime cost and overheads budgets.
  • Budgeting and decision making process.
  • Budgeting and performance evaluation process.

Performance-Based Budgeting:

  • Performance-based budgeting.
  •  Measuring performance, outputs and outcomes.
  •  Budgeting process based on performance forecasted and achieved.
  •  Budget corrections in PBB.
  •  Performance-based budgeting in different sectors.

Mid-Term Financial Planning:

  • Goals of moving to mid-term financial planning.
  •  Long-term and short-term financial planning.
  •  Mid-term financial planning and strategy development.
  •  Planning budget income for the mid-term period.
  •  Planning budget expenditures for the mid-term period.

Budget Federalism:

  • The concept of fiscal decentralization and budget federalism.
  • Budget federalism theory.
  • Budget federalism reform.
  • Division of responsibilities between federal, regional, and municipal authorities.

 

COURSE DATES
15 - 19 Dec 2019
COURSE REF
F2091
VENUE
Singapore
COURSE FEE
5000 

COURSE REF: F2091

How to Generate Money from the Public Sector

Singapore

COURSE DATES: 15 - 19 Dec 2019
COURSE FEE: 5000 

BOOKING INQUIRY
 

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