Why Attend This Training Course?

So it is even more essential than in the past for there to be effective implementation processes for public sector financial management and service delivery.

This is a continuous process of planning, implementation, evaluation, audit and improvement based on the outcomes – in other words, as a financial management cycle in which:

• Earlier steps lead logically to later steps during the financial year

• At the end of the process internally (and, from the auditors, externally) evaluation and review whether or not what was planned was actually delivered and how it might be done better in future.

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What Is The Training Course Methodology?

This training course methodology depends on enabling participants to interact and exchange experiences, explore their competencies and achieve their career aspirations, using forward-thinking training arts, such as theoretical lectures and/or open discussion to exchange opinions and experiences, scenarios, innovative thinking brainstorming. Participants will receive an agenda including training material as a reference, in addition to some extra notes and booklets. 

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Who Should Attend This Training Course?

This training course is designed for employees in financial departments, accountants and candidates in managerial and administrative positions.

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What Are The Training Course Objectives?

• Identify duties and responsibilities of the financial and accounting departments

• Reach highest staff performance level in order to make the financial department is the main source of information

• Operational performance management – ensuring that planned service outcomes are actually achieved

• Budgetary control and integrated financial management – confirming that planned service outcomes are achieved within allocated budget

• Evaluation – internal review of how processes and outcomes can be improved

• Audit – external verification and also independent advice on how processes and outcomes can be improved.

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What Is The Training Course Curriculum?

Financial Manager Role in Organizations

• Main tasks and duties of the financial manager

• Financial manager, the financial controller and the treasurer

• Financial manger relation with admin department and other departments

• Financial department scheduling

Monetary Management

• Short and long-term cash flow prediction

• Dealing with receivables and cash payments

• Monetary reports

• Case study (I)

Payments Accounts and other Commitments Management

• Assurance procedures of organization payments regularity

• Registration, discounts and reports and payments follow up

• Payments without invoices 

• Case study (II)

End Period Reports Preparation

• Audit process Preparation

• How to deal with the external auditor?

• Terminal and financial statements analysis

• Practical application

Risk Management

• Measuring operation, financing and investment risks

• Personnel management in the financial and accounting departments

• Individuals Qualification in financial departments

• Absenteeism problems and dealing with special cases

• Means to maintain the efficient workers

• Open-ended discussion