Government Accounting
5 Day Training
Locations: Grayston Ridge Office Park, Sandton
Platform: Available In-Class / Online
Price: Available on request
Course Introduction
Prospen Africa’s Government Accounting skills programme provides the learner with the knowledge, skills, attitudes and values to understand and apply the principles and concepts of accounting in the public sector. The programme includes all the necessary financial system references for those financial functions performed on a daily basis.
Course Objectives
On completion of this Government Accounting programme learners will be able to:
Apply procedures necessary for control over cash transactions and balances
Demonstrate an understanding of accounting principles, reporting requirements and the nature of functions in the public sector
Use accounting techniques and approaches to process financial information
Apply end of period accounting procedures in the preparation of financial statements
Utilise procedures for reporting and recording accounts receivable; and
Utilize procedures for recording and reporting on liabilities in the public sector.
Who should attend?
individuals who are or will be responsible for performing
accounting functions and tasks in organisations
public officials who are seeking to develop a career pathway towards becoming an accomplished
public finance management and administration specialist; and
department and organization managers.
Training Methodology
Our diverse instructional approaches ensure effective learning:
– Lectures & Presentations: Engage with expert-driven, stimulating content.
– Course Material: Access well-crafted supporting resources.
– Group Work: Collaborate on discussions and case studies for practical insights.
– Workshops & Role-Play: Participate in immersive, scenario-based activities.
– Practical Application: Focus on applying theoretical knowledge in real situations.
– Post-Training Support: Receive extensive support after training for skill implementation.
Training Outline
Module One
Basic Principles, Reporting Requirements and the Nature of
Functions in the Public Sector
Introduction
Accounting process
Main users of accounting information
Controlling government’s financial affairs
Useful financial information
Basic costing concepts
Comparison of private sector accounting and public sector accounting
Comparison of manual and computerised accounting systems
Specific accounting processes
Information management systems
Code structures
Chart of accounts
Accounting equation
Classification of assets and liabilities
Module Two
Accounting Techniques and Approaches to Process Financial
Information
Budgeting process in the government sector
Professional ethics
Standard Chart of Accounts (SCoA)
Preparation of Financial Statements
Financial statements
External audit reports
Annual reports
Control Over Cash Transactions and Balances
Recording financial transactions
