Finance and Accounting

Training Course: Public financial management and budgeting


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FI236062

18 - 22 Aug 2025

London (UK)

Hotel : Landmark Office Space - Oxford Street

Cost : 5500 € Euro

Introduction:

This comprehensive training program, designed by Global Horizon Training Center, aims to provide participants with a solid understanding of modern public financial management and budgeting practices. The course explores key concepts, tools, and techniques necessary for effective financial planning, budget preparation, execution, monitoring, and reporting in the public sector. Participants will gain insights into global best practices, regulatory frameworks, and performance-based budgeting approaches to enhance their financial decision-making and ensure responsible management of public resources.

Objectives:

By the end of this training program, participants will be able to:

  • Understand the fundamental principles and practices of public financial management and budgeting.

  • Develop skills to prepare, execute, and monitor public budgets effectively.

  • Apply performance-based budgeting techniques to enhance accountability and transparency.

  • Identify and mitigate risks associated with public financial decision-making.

  • Utilize modern financial analysis tools for decision support in the public sector.

  • Align public financial management practices with national and international standards.

Course Methodology:

This interactive program combines:
  • Expert-led presentations

  • Case studies from public institutions

  • Group discussions and exercises

  • Practical examples and simulations

  • Interactive Q&A sessions

  • Individual and group activities

Organizational Impact:

  • Enhanced financial stewardship and accountability in public sector organizations.

  • Improved capacity to align budgets with policy objectives and public service delivery goals.

  • Strengthened risk management and compliance practices.

  • Better use of financial data for performance evaluation and decision-making.

  • Promotion of fiscal discipline, sustainability, and transparency.

Target Audience:

  • Public sector finance managers and officers

  • Budget analysts and planners

  • Accountants and auditors in government agencies

  • Policymakers and administrators

  • Professionals involved in public financial reporting and performance measurement

  • Any individuals involved in public sector budgeting and financial management

 

 Outline:

Day 1: Introduction to Public Financial Management

  • Overview of public financial management (PFM) frameworks

  • Key principles and global best practices

  • Legal and regulatory aspects of PFM

  • The role of PFM in governance and public policy

Day 2: Budgeting in the Public Sector

  • Types and functions of public budgets

  • Budget preparation and formulation processes

  • Stakeholder engagement and consultation

  • Techniques for budget estimation and allocation

Day 3: Budget Execution and Monitoring

  • Steps in budget execution and control

  • Monitoring techniques and financial accountability

  • Variance analysis and corrective actions

  • Challenges and risks in budget implementation

Day 4: Performance-Based Budgeting

  • Linking budgets to outcomes and performance

  • Key performance indicators (KPIs) for public services

  • Integrating financial and non-financial data

  • Case studies: successful performance-based budgeting systems

Day 5: Reporting and Decision-Making

  • Financial reporting and communication in the public sector

  • Transparency and citizen engagement

  • Financial data analysis for strategic decisions

  • Wrap-up: best practices and action plans for your organization

Finance and Accounting

Training Course: Public financial management and budgeting


Register Now
Quick Inquiry
Discount Group Download Brochure  

FI236062

18 - 22 Aug 2025

London (UK) - Landmark Office Space - Oxford Street

Hotel : Landmark Office Space - Oxford Street

Cost: 5500 € Euro


  About London

The UK capital of London is a city that combines the old and the new. It is as equally famous for the latest fashion and innovation as it is for its impressive heritage. London's attractions range from the Royal Palace to the DIY atmosphere of its markets. It is also a picturesque city of parks and of course, the majestic Thames River. The city extends for miles beyond its ancient core and each neighborhood has its own charming atmosphere for visitors to explore. London also wears its status as a world city proudly and the influence of different cultures is plain to see in the food and fashion of the capital.


  Things to do and places to visit in London

With so many attractions in London, anyone can find something to delight them. Art lovers will enjoy the world-renowned museums and galleries, most of which are free. Sports fans are spoilt for choice by the city's array of football clubs. Theatre and music fans have a vast list of venues to visit, whilst shopaholics have Harrods, Oxford Street, Camden and much more to look forward to after arranging flights to London.

Some unmissable London attractions include:

  • Seeing priceless masterpieces in the Tate Britain or the National Gallery.
  • Watching the changing of the guard at Buckingham Palace.
  • Visiting Trafalgar Square's famous monument.
  • Marveling at the Crown Jewels in the Tower of London.
  • Getting a bird's eye view of the city from the London Eye.
  • Tasting one of Brick Lane's famous curries.
  • Browsing the exclusive shops of Knightsbridge.
  • Visiting a market – Spitalfields for antiques, Camden for clothes or Borough Market for street food.
  • Admiring design from around the world in the Victoria and Albert Museum.
  • Looking for clues at the home of fiction's most famous detective, Sherlock Holmes.
  • Strolling through one of the lovely parks, including Hyde Park, St James' Park or Kew Gardens.
  • Eating Britain's most famous dish, fish and chips.
  • Watching the street performers in Covent Garden.
  • Enjoying the views at a South Bank cafe.
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