14/01/2019
5 days program in Financial Management in the Public Sector
Duration: 1 week
Tuition : USD$ 2,250
Date: 18-22 February 2019
Venue: Pretoria-RSA
Learning outcomes
Upon completion of this course, you will be able to:
Use forecasting tools.
Determine forecast accuracy.
Apply the most accurate tool for forecasting. Define a resource development issue. Estimate revenue shortage.
Develop revenue options.
Assess revenue options.
Determine optimal revenue options. Calculate total cost, average cost, direct cost, indirect cost, personnel cost, operating cost, and capital cost.
Perform cost allocation.
Use cost depreciation methods.
Apply average cost to determine efficiency.
Understand the concepts of present value, future value, time value of money, discount rate.
Apply present value of cost in cost comparison.
Apply annualized cost in cost comparison.
Understand fixed cost, variable cost, marginal cost, and incremental cost.
Apply marginal cost in decision making.
Apply incremental cost in decision making.
Calculate the net present value and the benefit/cost ratio.
Understand conditions to which a cost-benefit analysis applies.
Apply the cost-benefit analysis in decision making.
Determine proper indicators for monitoring.
Detect unacceptable performance.
Detect performance trends.
Develop a complete picture of financial performance.
Identify causes of underperformance.
Take proper actions to improve performance.
Contact for more information
[email protected] , [email protected]
www.iadls.org
Tel: +27 127717840; Fax: +27 865143650