DAY ONE
Monday, 1st June 2009

UNDERSTANDING ACCOUNTABILITY AND CONTROL IN PUBLIC FINANCIAL MANAGEMENT

•Public Financial Accountability
•Background to financial control & accountability
•Control for Accountability in public finances

Public Financial Accountability

•Conceptualization of “Accountability” as a public financial management principle and application
•The origins and application[s] of public financial accountability
•Control for Accountability

Legislative Arrangements for Accountability

•International examples of legislative arrangements for accountability in public finances
•Transformation in the public financial management processes
•Performance-based financial management
•Legislative requirements for conducting public financial management

Decision-making and the Public Finance Management Process

•The trade-off process in public budgeting
•Reporting requirements for Accountability

DAY TWO
Tuesday, 2nd June 2009

STRATEGIC PLANNING & BUDGETING

•Determine organisational strategic priorities
•Compile institutional performance plans
•Align organisational budget to its performance plans

Determine Strategic Organisational Priorities

•Undertake strategic planning within a policy context aimed at achieving sustainable development
•Utilise strategic planning applications to determine institutional strategic priorities
•Undertake strategy formulation within the context of institutional capacity limitations
•Decision-making regarding strategies within the context of the budgeting trade-off process

Aligning Performance Plans and Budgets

•Principles of Public Budgeting
•Functions of Public Budgets
•Approaches to Public Budgeting
•Performance Budgeting
•Activity Based Budgeting

THE MEDIUM TERM EXPENDITURE FRAMEWORK

•A strategic perspective with the allocation of organisational resources
•Single year vs. multi-term revenue and expenditure framework
•Medium term budgeting in the South African Public Sector
•Understanding the inter-relationship between the procurement process and the public / municipal budgeting processes
•Principles of effective, efficient and economical procurement in the government sectors

DAY THREE
Wednesday, 3rd June 2009

EXPENDITURE AND COST FORECASTING AND CONTROL

•Expenditure Forecasting
•Cost considerations in Public Budgeting
•Expenditure Control


Expenditure Forecasting

•Statistical expenditure estimates
•Cash flow-based expenditure estimates


Cost Considerations in Public Budgeting

•The relevance of basic costs and cost behaviour in budget planning and forecasting


Expenditure Control

•Identification of cost drivers
•Cost reduction themes
•Cost and expenditure control from a performance optimisation perspective

DAY FOUR
Thursday, 4th June 2009

PERFORMANCE AND REGULARITY CONTROL IN THE PUBLIC FINANCIAL MANAGEMENT PROCESS

•Requirements for effective Performance and Regularity Control
•Risks and the possibility of financial losses
•Performance and Financial Reporting

Requirements for Effective Performance and Regularity Control

•Institutional information systems, structures and processes
•Risks and the possibility of financial losses
•In-Year Monitoring, Management and Reporting

Methods for Performance and Regularity Control

•Utilisation of the audit functions to exercise control.
•External Auditing: Role of the State Auditor / institutional response to audit inquiries
•Role of the Audit Committee in financial control and reporting
•Internal Auditing as an institutional control tool

Risks and the Possibility of Financial Losses

•Identify and prioritise strategic and operational losses
•Determine the potential losses associated with identified losses
•Treat and respond to identified losses
•Risks and the Internal Audit function
•Control over losses
•Role of the Legislator in financial reporting


Performance and Financial Reporting

•The inter-relationship between performance and financial reporting
•The reporting cycle
•Role of the Chief Financial Officer in financial reporting
•Role of the Accounting Officer in financial reporting


DAY FIVE
Friday, 5th June 2009

MANAGE TO OPTIMIZE VALUE-FOR-MONEY

•Efficiency, effectiveness and economy as practical guidelines in budgeting and financial control
•Cost-effective analysis


Efficiency, Effectiveness and Economy as Practical Guidelines in Budgeting and Financial Control

•Value-for-money = 3xEs
•Manage for economy
•Manage for efficiency
•Manage for effectiveness

Cost-Effective Analysis

•Basic cost analysis
•Costs versus benefits in the budgetary decision-making process

Workshop(5 Days) Excluding VAT Including VAT 1-3 Delegates R13 145.00 per delegate R14 985.30 per delegate Excluding VAT Including VAT 4 + Delegates R12 645.00 per delegate R14 415.30 per delegate