Finance Control Mechanism, Budget Monitoring and Implementation

£5,500.00

This is a full-venue event. Training tools, Certificates and refreshments will be provided. Should you be interested in the online version or your in-house delivery? Please contact us.

Description

Introduction

Comprehensive and timely monitoring of budget transactions could be ensured with adequate information systems recording transactions at each stage of the expenditure cycle and appropriate electronic connections between the “Ministry of Finance” and line ministries. Basic financial controls can be automated and made when registering transactions. To some extent, differences between budget execution systems based on external ex-ante control and system based on internal controls are dimming with modern technologies. Nevertheless, implementing an information system is not a panacea. It is costly, but overall it requires appropriate budget accounting procedures that do not exist in many developing countries.

Learning Outcomes

  • Be exposed to the mandate and scope of operations of  Budget Control
  • Understand the capacity of Managers to carry out oversight functions more effectively concerning Finance, Budget Monitoring and Implementation;
  • Be able to Improve the Implementation of project processes, particularly for finance and Budget.
  • Building synergy between budget control and Implementation.
  • Develop and introduce modern communication tools for timely communication between legislators and stakeholders.
  • Develop strategies for Policies, Managing and monitoring budget implementation
  • Be able to control and monitor expenditure, management of Procurement activities

Event Details

NOTE: For our customised events all you need to do is provide us with what you want to achieve or tell us about the training requirements of the group and we will agree on a date, venue and produce a course proposal for you along with the costs. Discounts may be applicable for group booking or early birds.

Start date: 5 September 2022

End date: 9 September 2022

Start time: 09:00 BST

End time: 17:00 BST

Venue: Dubai, United Arab Emirate

Phone: '+44 1582 414 144

Email: admin@prospectsds.com

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