Background

Budgeting is a key management tool for planning and controlling finances within an organization. This course will examine all aspects of the budget circle and the techniques top line administrators need, to handle financial information with confidence as well as contribute fully to organization’s planning activities.

Learning Objectives

At the end of the course, participants will be able to:

• Develop capacity in the preparation of budget
• Understand the budget cycle in relation to the Presidential Executive Order 002 of 2017
• Understand the areas within an organization where there is a bureaucracy supporting the use of budgeting
• Acquire knowledge and skills relevant for budget defense implementation
• Highlight the importance of budgeting
• Understand the effective review of budget performance
• Develop an effective Monitoring and Evaluation system for budget implementation
• Discuss the challenges of public sector Budgeting process

Course Contents

• Overview of budgeting and budgetary process
• Executive Order 002 of 2017
• Forecasting and reporting in Budget Process
• Budget Systems and Procedures
• Budgeting Transparency and Accountability
• Budget Monitoring and Evaluation
• Challenges of Budget Implementation

Target Audience

Middle and top-level management officers.

Background

There is a growing realization that many developing countries and economies in transition are facing particularly difficult problems of economic and social adjustment in the context of globalization due to their economic and institutional structures which hinder rather than accelerate the achievement of sustainable development. Effective financial management is regarded as fundamental pre-requisites in any public service reform. This will lead to practical skills development in the audit process from the planning phase to implementation, reporting, monitoring, evaluation and recommendation phases.

Learning Objectives

At the end of the course, participants will be able to:

• Ensure proper utilization of funds
• Ensuring financial discipline in the organization
• Building up reserves for growth and expansion
• Ensure the survival of the organization
• Encourage aggregate fiscal discipline
• Encourage strategic prioritization of expenditures for programmes and projects
• Encourage technical efficiency in the use of budget resources as well as accountability for their use by ensuring that resources once allocated are used in an effective, efficient and transparent way.

Course Contents

• Public Finance and Globalization
• Prioritization of public expenditure
• Measures to increase efficiency and effectiveness
• Internal financial accounting, control and auditing
• Public financial accountability and transparency
• Understanding Treasury management: TSA
• Financial Information
• HR Module of IPPIS
• Evaluation of the Monetization Policy
• Salary Review for Civil Servants

Target Audience:  Middle and top-level management officers.

Background

Participants will be exposed to proven efficient approaches that improves the performance and delivery of government services, create higher levels of citizen-centred organization, customer satisfaction, remove bureaucratic inefficiencies and improve fiscal responsibility, good governance and accountability.

 Learning Objectives

At the end of the training participants will gain:

• Improve alignment to mission, vision and values of the organization
• Evolve performance and accountability
• Increase decision-making agility
• Advance accountability for key objectives, risks, and performance
• Enhance convergence of Corporate Governance components
• Reduce the financial risk while achieve your organization’s goals
• Understand fundamental concepts of  good governance & fiscal sustainability

   Course Contents:

• Corporate Governance, What is it about? Key Principles of Good Governance in the Public Sector
• The Risk, Compliance & Internal Audit Triangle
• Interpretation of Financial Statements – Financial Structure & Financial Analysis
• Risk Management in Government Projects and Programme
• Public Sector Management in Changing Financial and Economic Environments
• Strategic Thinking and Planning
• Strategies to Institutionalize the Regulation, Monitoring, and Enforcement of Government Projects / Programs
• Strategies to Reduce Systemic Corrupt Practices in Government Operations
• Fiscal Management Accountability: Revenue Forecasting and Expense Budgeting
• Recommendations for a Successful Corporate Governance

Target Audience: All levels of staffs in MDAs

Background

Tax drive has been one of the cardinal points of the present administration. This programme is designed to help in Tax administration and revenue building in Nigeria.

 Learning Objectives

This programme will equip participants with the necessary knowledge and skills to enable them:

• To equip with the knowledge and capacity to develop and implement effective tax management and administration
• To view appropriate audit techniques to monitor the system and combat tax evasion and fraud.
• To consider adequate structures to set in place for businesses to adopt change in the administration of tax
• Continually appraise tax administration, specifically the administration of sales tax
• Implement a strategy to combat the eventuality of fraud and maximize revenue
• Gain a better understanding and application of the legislation governing tax administration

Course Outline

• Introduction to the concepts of tax administration: modernizing the sales tax administration structure
• Review and analyzing existing structures, audit tools and techniques, risk analysis and profiling, curbing evasion and fraud.
• Tax collection and debt management
• Tax management reforms, building revenue and promoting savings.
• Systematic approach, managing and implementing change, monitoringand managing performance and risk management
• Reviewing fiscal and taxation policies

Target Audience: The course is designed for tax administrators, Revenue officers and Accountants of MDAs.

Background

High standards in financial management cannot be compromised in the public sector. This will improve service delivery and give value to economic programmes of the government. Every officer saddled with the responsibility of managing public finance must equip themselves with necessary skills, knowledge and attitude for effectiveness and efficiency.  

Learning objectives

At the end of the course, participants will be able to:

• Acquire the knowledge of managing public finance.
• Acquire required skills to manage the resource, financial allocation, budgeting, and control mechanism within the public service.
• Plan financial resources control its uses consistently with the objectives of the organization

Course Contents

• Public Finance Management:  Processes and Procedures
• Review of finance processes and structure, payment system
• Procedures for monitoring, controlling and forecasting public expenditures, meeting expenditure needs.
• Debt control and management
• Financial Instructions and Regulations
• Overview of IPSAS
• Overview of IFRS
• HR Module of IPPIS
• Evaluation of the Monetization Policy
• Salary Review for Civil Servants
• Tax and Revenue Management
• Fiscal Responsibility in public Financial Management
• Accountability and Transparency in Managing Government Business
• Government Accounting and Auditing
• Financial Management Reforms and Policies

Target Audience: Middle and top-level management officers in Finance & Accounts and Audit Units.

Background

The programme provides an intensive examination of public sector accounting frauds, including asset misappropriation schemes and financial statement frauds that are common to Ministries, Departments and Agencies at Federal and State Levels. It offers a thorough review and analysis of accounting and auditing processes in the public service to forestall fraud and leakages in finances.  

Learning Objectives

This programme will equip participants with the necessary knowledge and skills to enable them:

• Have a formidable task of managing fraud in accounting and Auditing processes;
• Effectively communicate their activities with the stakeholders;
• Provide an environment where transparency can thrive, and fraud detected and prevented; and
• Direct knowledge of how targets are achieved and what administrative systems are in operation.

Course Outline

• Introduction: nature and elements of fraud
• How fraud surfaces and fraud symptoms
• Fraud detection and role of the auditors
• Techniques in detecting fraud
• The investigative process, investigative tools, techniques and strategies
• Fraud detection in a computerized environment
• E-government and the prevention of fraud. Setting professional  standard
• Fraud investigation and automated detection techniques. Fraud detection using computer audit retrieval

Target Audience

The course is designed for all Auditors and Account officers of MDAs.

Background

The needs to link the budget to the organization’s strategic plan, advise the managers of the overall organization goals, project organizational and department-specific volumes, recognize the relationship between volume and revenue, between volume and expenses, and set many of the organizational and department specific budgetary goals using peer benchmarks; are the issues discussed in this seminar. We also discuss the how of preparing various Budgets including Cash Budgets.

Learning Objectives

At the end of the programme, participants will be able to:

• Acquire knowledge of the common accounting tools organizations  use for planning and controlling what they must do to satisfy their customers and succeed in the market place;
• Understand the measure of the financial results an Organization expects from its planned activities;
• Plan for the future, learn to anticipate potential problems and how to avoid them;
• focus their energies on exploiting opportunities and;
• Develop their Analytical Competence for Managing Operations.

Course Outline

• Financial Planning and Control;
• Budgets and Strategic Planning and Implementation;
• Steps in Developing an Operating Budget, Cash;
• Budget, Budgeted Income Statement and the Balance Sheet;
• Budget Preparation Case Study;
• Budgeting, Responsibility Accounting and Human Aspects of Budgeting;
• Capital Budgeting;
• Sensitivity Analysis in Budgeting;
• Cash Budgeting;
• Budgeting and IT (1);
• Budgeting and IT (2);
• Interpreting Budget Reports (Variances) – General Session and;
• Interpreting Budget Reports (Variances) – Work in Teams.

Target Audience:

For Finance and Accounts officers, Budget Officers and Auditors in Public and Private Sectors.