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Business Finance Management and Administration

What Will I Learn?

This training course will empower you in obtaining an in-depth and comprehensive knowledge of theoretical as well as practical aspects of Business Finance Management. The course is designed to strengthen participants' abilities to assess why Business Finance Management (BFM) is important; and how it supports macroeconomic stability, economic growth, and the achievement of the Sustainable Development Goals. Over five parts, the course modules cover all stages of the budget cycle, and discuss key concepts from budget preparation to government accountability in budget execution, and reform implementation. why you should attend the Masterclass in Business Finance Management and Administration? The nature and size of expenditure in governments are changing rapidly. As a professional working in the public sector, you must be aware of the principles of Business Finance Management because your role serves as a cornerstone in Business finance.

Fee In Different Currencies
RWF 70,000 Or USD 0 Or EURO 0
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Indicative Content

    • Introduction to Business Finance Management

      • Business Finance Management Framework

      • Objectives of Public Financial Management

      • Fiscal Policy

      • Budget Cycle

    • Budget Strategy

      • Budgeting and budgeting techniques

      • Revenue management

      • Project management

    • Budget Formulation

      • Annual Budget

      • Medium-Term Budget

    • Budget Approval

      • Legislative Approval

      • PFM Act

      • Legal Aspects of Budget Approval

    • Budget Execution

      • Budget execution strategy

      • Budget execution cycle

      • Cash planning

      • Debt management

      • Procurement

    • Accounting and Internal Control

      • Financial Management Information Systems

      • Accounting aspects – Accrual and Cash basis IPSAS

      • Internal Control Policies

      • Internal Audit

    • External Audit

      • Supreme Audit Institutions

      • International Auditing Standards

      • Fiscal Councils

      • Legislature Oversight

      • Public Participation

    • Budget Evaluation

      • Budget Feedback

      • Comparing Actuals Vs Budgets

      • Fiscal Transparency

      • Updating the Budget Strategy

70,000
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Objectives

  • Evaluate the policies implemented and take corrective actions

  • Understand the risks involved in Budget Execution

  • Understand the Budget Preparation Strategy

  • Implement the Internal Control Policies in Budget Execution

  • Understand the Business Finance cycle

70,000
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Course Features

  • Lectures 0
  • Duration 90 Days
  • Certificate Yes
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