Advanced Financial Management in the Public Sector - Planning, Implementation, Reporting and Analyses


Target audience:

  • Financial and budget personnel in governments.
  • Anyone who is interested in governmental finance.

What you will learn

How to:

  • Use forecasting tools.
  • Determine forecast accuracy.
  • Apply the most accurate tool for forecasting.
  • Define a resource development issue.
  • Estimate revenue shortage.
  • Develop revenue options.
  • Assess revenue options.
  • Determine optimal revenue options.
  • Calculate total cost, average cost, direct cost, indirect cost, personnel cost, operating cost, and capital cost.
  • Perform cost allocation.
  • Use cost depreciation methods.
  • Apply average cost to determine efficiency.
  • Understand the concepts of present value, future value, time value of money, discount rate.
  • Apply present value of cost in cost comparison.
  • Apply annualized cost in cost comparison.
  • Understand fixed cost, variable cost, marginal cost, and incremental cost.
  • Apply marginal cost in decision making.
  • Apply incremental cost in decision making.
  • Calculate the net present value and the benefit / cost ratio.
  • Understand conditions to which a cost-benefit analysis applies.
  • Apply the cost-benefit analysis in decision making.
  • Determine proper indicators for monitoring.
  • Detect unacceptable performance.
  • Detect performance trends.
  • Develop a complete picture of financial performance.
  • Identify causes of underperformance.
  • Take proper actions to improve performance.
  • Develop a cash budget.
  • Determine an optimal cash balance.
  • Use the optimal cash balance in cash management decision making.
  • Understand key elements in the statement of net assets.
  • Understand the accounting process.
  • Use the information in the statement of net assets in financial analysis.
  • Understand key elements in the statement of activities.
  • Understand the concept of accounting basis.
  • Apply the information in the statement of activities in financial analysis.
  • Understand the use of funds in governments.
  • Understand key elements in fund-level statements.
  • Use the information in fund-level statements in financial analysis.
  • Know what financial condition analysis is.
  • Determine measures to assess financial condition.
  • Identify any warning trend of a deteriorating financial condition.
  • Specify relationships in financial condition analysis.
  • Explain relationships in financial condition analysis.
  • Write a financial condition analysis report.

Further information

London Business Training & Consulting (LBTC)
London Business Training & Consulting (LBTC)
2 Weeks
£5,125 (ex VAT)
Scheduled dates
Course type:
Dubai, London

Contact Information

London Business Training & Consulting (LBTC)

W6 0NB