It is a general belief that many public sector organizations have been unable to achieve the goals for which they were established. Huge public resources have been spent without adding value to the nation’s development process.
Against this background and particularly in the light of current reforms and the transformation agenda of the federal government, there is intense pressure on public enterprise managers to effect the much needed change and become more prudent in the management of public funds. Managers of public sector finance are required to develop the competence to advise their organizations on financial plans prepare budgets and manage their funds effectively to achieve set goals.
This training workshop holding in Lagos State is designed to enhance the competence of participants to manage their organizations’ financial resources more effectively.
At the end of the workshop, participants will be able to:
- Identify the various sources of funds for public sector organizations
- Prepare financial plans and budgets
- Appraise public projects effectively
- Identify main problems of public finance management and proffer solutions.
- Financial authorities in the public sector
- Responsibilities and functions of public finance officers
- Sources and administration of public funds
- Budgeting and budgetary control in the public sector
- Financial control measures in the public sector
- Economic policy analysis and interpretation
- Public project investment appraisal
- Investment risks and uncertainty management in the public sector
- Debt collection and management in public organizations
- The application of anti-corruption law to public funds
- Computer application and financial management
Methodology: Lectures, discussions, syndicate work, case studies and exercises. Audio-visual aids will be used to reinforce these learning methods.
Directors of finance and accounts; heads of accounts division; accountants in federal and state ministries, parastatals and corporations; treasurers and accountants in local government councils; budget officers in public sector organizations; financial analysts; consultants and advisers in public sector organizations as well as internal auditors and financial trainers.
Mode of Assessment for Certification: 100 per cent attendance/active participation.
Contact Person: Mrs. R. I. Folawewo