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05 - 09 Aug 2024
05 - 09 Aug 2024
30 Sep - 04 Oct 2024

Training Course on Strategic Financial Management and Effective Budget Execution in Governments 2024


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We engage individuals, companies, NGOs, and Governments to provide services that close competency gaps and enhance workforce productivity through our carefully designed set of short courses. Our courses can be customized to suite your peculiar needs. We provide strategic consulting services for both professionals and corporate organizations. Our consultancies are strategically designed to provide tools, techniques and methodologies that can deliver on your core objectives and set goals. .. continue reading Strategic financial management provides the essential ingredients for achieving a sound budget preparation and execution system in government. This course focuses on the issues and challenges likely to impede the seamless operation of management and financial accounting processes and examines the techniques and tools needed to address them. It will underline what constitutes strategic financial management and effective budget execution within the context of achieving strategic and operational objectives in public governance. The course will enhance understanding of all the key processes within the accounting cycles leading up to the preparation of financial statements, including the use of performance management tools. By the end of this course the participants will be able to: Apply strategic financial management to add value to the budget execution process, Describe the differences between a management accounting system and a financial accounting system, Undertake cost analysis and apply strategic management and costing principles to support improved decision-making, Understand types of cost information and how to put that information to best use, Design robust and meaningful financial performance measures to help enhance financial control, Understand the main processes involved in the preparation of accounts for strategic and operational use by all level of management, Appreciate the accounting adjustments which are necessary to transform internal management accounts into statutory and regulatory financial statements. This course is suitable for managers who are about to take on strategic responsibility financial management and budget execution in governments. Vital Extra Learning guarantees our clients: State-of-the-art facilities and training infrastructure, Extended tradition of hand-holding during post engagement, Service delivery through highly seasoned industry experts. Scope, objectives, functions and importance of finance management Implementation and review of the financial planning. Internal Control Systems in Financial Management Risk management in project financial management Understanding elements of financial statements Financial statements; income statement, balance sheet, cash flow statement Identifying organizational key success factors Measuring economy, efficiency and effectiveness Functions and types of budgets Functions of the budget process Budget preparation, execution and alterations Context and issues in budget reform Current initiatives in budget reform Institutional arrangements for better budgetary outcomes Financial Management, Accounting and Controls in Public Sector Preparation of government financial statements Accounting for restricted and unrestricted funds Fund accounting and encumbrance accounting Corruption and fraud issues in public expenditure Capital budgeting and project financing Public expenditure monitoring and tracking and the role of the auditor general Computerised application in recording transactions and presentation of information This training can be customized for your institution or delivered at your preferred location upon request. You will have the pleasure of enjoying panoramic view of Abuja city, speed boat riding and Nigerian best dishes. All for free.


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08:00 AM - 05:00 PM (Public)

Entry Fees

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Estimated Turnout

100 - 500
Based on previous editions

Event Type



Aug 2024 Interested
+3 more editions

Frequency One-time

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Vital Extra Learning and ConsultancyTop Rated Nigeria208 Total Events

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financial statement,Accounting & Auditing,Financial etc. are some of the products / services to be showcased in Training Course on Strategic Financial Management and Effective Budget Execution in Governments.

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Kigali, Rwanda

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