This course is designed to provide participants with a comprehensive understanding of budgeting processes and financial management practices. It focuses on the practical application of financial tools and techniques used in managing public and private sector finances. The course also addresses how to align budgeting with organizational goals and ensure the effective use of resources.

Key Areas of Study:

1. Introduction to Financial Management: Understanding the basic principles of financial management and its importance in organizational success.
2. Budgeting Processes: Learning the steps involved in creating, implementing, and monitoring budgets.
3. Financial Planning and Analysis: Techniques for forecasting, financial analysis, and decision-making.
4. Cost Management: Approaches to managing costs effectively and making cost-related decisions.
5. Public Sector Budgeting: Specific budgeting challenges and practices in public sector organizations.
6. Financial Reporting and Controls: Ensuring transparency and accountability through financial reporting and internal controls.
7. Performance Measurement: Linking budgeting and financial management with organizational performance goals.

Duration: 14 Days