Documente Academic
Documente Profesional
Documente Cultură
Duration: 3-days
Max. Participants: 20
Facilitators: 1
NQF Level: 5
Total Credits: 12
SETQAA Accreditation: Services SETA – Decision Number 2072
SETQAA Accreditation:
Competence in the unit standard below will award the learner 12 credits towards the National Diploma in Public Finance
Management and Administration (ID: 49554).
Unit Standards: Unit Standard Number: Credits:
Conduct working capital management activities in accordance with sound financial 119331 12
management policy.
Programme:
Time: Day 1: Day 2: Day 3:
08:00-10:00 Introduction to Public Financial Managing cost Working with Budgets
Management
10:00-10:30 Convenience Break
10:30-12:30 Debt Management in the Public Managing inventory Principles of Healthy Public
Sector Financial Management
12:30-13:30 Lunch
13:30-15:00 Working Capital Management Managing cash resources Practical Application – putting
Policy skills into action
15:00-15:15 Convenience Break
15:15-16:00 Day Review Day Review Day Review & Programme
Evaluation
Day 1:
Introduction to public financial management:
Understanding public financial management. Accrual accounting.
The general ledger. Principal financial statements.
Day 2:
Managing cost:
Introduction to cost accounting. Controllable & uncontrollable cost.
Determining full cost. Standard cost.
Fixed vs. variable cost. Manufacturing cost.
Managing inventory:
Inventory management policy. Relationship between financial management and
Procurement policy. inventory management.
Day 3:
Working with budgets:
Budgets, forecasts and projections. Budget allocation.
Budgeting cost. Zero-based budgeting.
The budget process. Target-based budgeting.
Budgetary analysis. Outcome-based budgeting.
Beyond Comparison!