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Finance for Non-Financial Managers

11 July 2016

This is a workshop and presented over three (3) to five (5) working days depending upon the client’s needs.

Booking Closure Date: 2016-06-24

Purpose
This course aims to equip non-financial government practitioners with the requisite knowledge and skills to understand how government finances work and to enable them to take care of this important resource.

Target Group
The course is aimed at practitioners in the national and provincial government. The typical target audience is non-financial officials and other financial management staff typically in the CFO’s office (Payment, receipt, banking, taxation, debt and suspense accounts etc.); SCM officials (Demand, acquisition, logistics, disposal); Asset management officials; System controllers; Budget officials (preparation of departmental budgets) who may require a refresher course in Financial Management.

Minimum Requirements for Enrolment
Learners should ideally have at least a Grade 12 qualification, and be working in a public sector non-financial or financial management environment.
Learning Outcomes
After successful completion of this course, learners should be able to:

Demonstrate an understanding of the background to Financial Management, regulatory frameworks and relations between legislation, plans and budget;
Describe strategic planning regulatory frameworks and apply them in their own area of responsibility;
Demonstrate understanding of the concept of budgeting, role players in budget formulation, budget preparation, execution, cash management and reporting;
Demonstrate an understanding of expenditure management i.e. expenditure process, relationship between expenditure and budget and strategic objectives.
Accreditation
The course is non-credit bearing. However, after successful completion of the summative assessment (test) learner will receive a Certificate of Attendance.

Unit Standard ID Title NQF Level Credits
0 WO303 0 0

Assessment Approach
There is no official pre-course assignment, but learners complete formative assessment activities during the contact session, as well as a summative assessment in the form of a test on the last day of the contact session.
Duration
This is a workshop and presented over three (3) to five (5) working days depending upon the client’s needs.

Details

Date:
11 July 2016

Organizer

Bid Committees – PFMA

Venue

Finance for Non-Financial Managers