Government Budgeting Including SCOA
3 Day Training Programme
Locations: Grayston Ridge Office Park, Sandton
Platform: Available In-Class / Online
Price: Available on request
Course Introduction
Prospen Africa’s Government Budgeting Including SCOA 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
Upon completing this Government Budgeting Including SCOA training program, participants will be able to:
Manage data for preparing a budget.
Evaluate budget formats and approaches to budgeting.
Interpret budgets within a specific sector.
Estimate a budget using prescribed formats.
Prepare a motivation for budgetary requests.
Prepare a budget based on approved amounts.
Who should attend?
This Government Budgeting Including SCOA course is suitable for individuals who are currently involved or will be involved in the budgeting process, including practitioners in various government departments, those responsible for implementing budgeting and financial management systems, 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
Interpret Budgets within a Specific Public Sector:
– Understanding budgeting in the public sector.
– Exploring the role and purpose of budgets in a specific sector in accordance with legislation.
– Principles of budgeting and their practical application.
– Components of a budget within a specific sector as mandated by legislation.
Evaluate Budget Formats and Approaches to Budgeting:
– Introduction to different budgeting formats.
– Multi-Year Budget considerations.
– Exploring a range of budget formats.
– Assessing budget outcomes and key performance indicators.
– Budget costing approaches.
Manage Data for Preparing a Budget:
– Establishing the connection between policy formulation and budget preparation.
– Analysing the Policy-Budget link.
– Understanding the principles and goals of the fiscal framework.
– Determining budgetary requirements.
– Conducting financial analysis of the fiscal framework.
– Setting Macroeconomic Policy Targets.
– Compiling information for a budget using policy, strategic, and performance plans.
– Emphasizing the importance of monitoring and evaluation.
– Exploring medium-term expenditure guidelines.
Estimate Budget Using Prescribed Formats:
– Preparing expenditure ceilings.
– Defining operational expenditure budget ceilings.
– Allocating capital expenditure budget ceilings.
– Developing an annual budget according to appropriate approaches and prescribed formats.
– Estimating cash flow requirements.
5. Prepare Motivation for Budgetary Requests:
– Crafting effective motivations for budgetary requests.
Standard Chart of Accounts (SCoA):
– Understanding the eight segments of SCoA.
– Classifying revenue (receipts) within the item segment.
– Classifying expenditure (payments) within the item segment.
Prepare Budget Based on Approved Amounts:
– Requesting budget allocations from relevant stakeholders.
– Following the basic steps required to finalize budget allocation.
– Preparing and finalizing budgets in accordance with organizational practices and principles.
Budget Monitoring, Control, and Evaluation:
– Implementing periodic reporting and follow-up mechanisms.
– Addressing internal audits.
– Addressing external audits.
– Understanding parliamentary control mechanisms such as the Public Accounts Committee (PAC) and Local Authorities Accounts Committee (LAAC).
– Discussing budget reviews and adjustments.
– Exploring Public Expenditure Tracking and Physical Project inspection.
Challenges in the Public Sector Budget Process:
– Identifying challenges related to resource constraints.
– Understanding the connection between the National Strategy and Local development plans.
– Addressing issues related to accurate estimates of public expenditure.
– Prioritization of projects and programs.
– Dealing with non-timely submission of reports for decision-making.
– Handling poor estimates of non-tax revenue collections (exchange transactions).
– Adherence to budget ceilings.
– Addressing non-disclosure of Local Government Authority (LGA) own source of revenue.
– Managing re-allocations.
