Finance and Accounting

Training Course: Public Sector Accounting and Budgeting


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FI236000

1 - 5 Sep 2025

Madrid (Spain)

Hotel : Pestana CR7 Gran Vía

Cost : 5500 € Euro

Introduction

This program, designed by Global Horizon Training Center, aims to equip participants with comprehensive knowledge and skills in public sector accounting and budgeting practices. It covers essential principles, regulatory frameworks, and practical techniques to strengthen financial management in the public sector, ensuring transparency, accountability, and effective resource utilization.

 

Objectives

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

  • Understand the fundamental principles of public sector accounting and budgeting.

  • Apply international standards and frameworks relevant to public sector financial management.

  • Develop and manage budgets aligned with organizational and policy goals.

  • Strengthen financial reporting and internal controls within public sector organizations.

  • Address challenges in public sector accounting and promote fiscal discipline.

 

Organizational Impact

  • Improve financial management and accountability in public sector organizations.

  • Enhance budgeting processes to align with strategic and policy objectives.

  • Strengthen internal controls and compliance with regulatory requirements.

  • Support better decision-making and resource allocation.

  • Build capacity for transparent and efficient public financial management.

 

Target Audience

  • Public sector accountants and financial officers.

  • Budget officers and managers.

  • Public sector auditors and internal controllers.

  • Senior government officials involved in financial decision-making.

  • Professionals seeking to understand public financial management.

 

Training Program Outline

 

Day 1: Foundations of Public Sector Accounting

  • Key principles and objectives of public sector accounting.

  • Differences between public sector and private sector accounting.

  • Overview of international standards (IPSAS) and local frameworks.

  • The role of accounting in public financial management.

  • Chart of accounts and basic financial reporting in the public sector.

 

Day 2: Budgeting in the Public Sector

  • Principles of budgeting and types of budgets (e.g., line-item, program-based).

  • The budget cycle: preparation, approval, execution, monitoring.

  • Legal and regulatory frameworks for budgeting.

  • Linking budgets to policy priorities and strategic plans.

  • Case study: analyzing a public sector budget.

 

Day 3: Financial Reporting and Transparency

  • Preparing financial statements in the public sector.

  • Understanding the requirements of IPSAS and local reporting standards.

  • Reporting for accountability: transparency and public trust.

  • Performance and program-based budgeting in practice.

  • Group exercise: preparing simplified financial reports.

 

Day 4: Internal Controls and Financial Oversight

  • The role of internal controls in financial management.

  • Risk management and compliance in the public sector.

  • Audit processes and their integration with accounting practices.

  • Strengthening financial oversight and reducing fraud.

  • Group activity: evaluating internal control systems.

 

Day 5: Practical Challenges and Future Trends

  • Common challenges in public sector accounting and budgeting.

  • Managing changes: reforms, digitalization, and emerging practices.

  • Best practices for improving public financial management.

  • Action planning: developing individual and organizational strategies for improvement.

  • Wrap-up and Q&A: reflections and next steps.

Finance and Accounting

Training Course: Public Sector Accounting and Budgeting


Register Now
Quick Inquiry
Discount Group Download Brochure  

FI236000

1 - 5 Sep 2025

Madrid (Spain) - Pestana CR7 Gran Vía

Hotel : Pestana CR7 Gran Vía

Cost: 5500 € Euro


  About Madrid

Madrid is a city that combines its enduring history with its cosmopolitan atmosphere to create a destination that favored amongst tourists from around the world. This is a city that is very much bursting at the seams with life and its vibrant atmosphere, cultural attractions and connection with history ensure travelers have everything they could possibly want from a European city break. At the end of a flight to Madrid, there are sites to see, picturesque streets to roam and, of course, excellent shopping opportunities to explore. Visitors can immerse themselves in Madrid's fantastic local culture, its peerless art scene and world acclaimed fine dining. In fact, there is very little that Madrid doesn't have to offer.


  Things to do and places to visit in Madrid

The only problem travelers will encounter during their visit to Madrid is knowing what to do first. Sampling the mouth-watering tapas, strolling through one of the many excellent museums or even simply soaking up the atmosphere are all excellent options. Spend a sunny day wandering through the splendid squares or marvel at the intricate architecture of the churches.With so many options, flights to Madrid are great for people of any age or inclination.

When visiting Madrid, be sure to:

  • See the superb collection of art is the Museo del Prado.
  • Stroll down the Gran Via.
  • Enjoy the atmosphere of the Plaza Mayor.
  • Wander through the stunning gardens of the Parque del Buen Retiro.
  • See the beautiful mansion of the Museo Lazaro Galdiano.
  • Find quirky fashions in the Fuencarral market.
  • Try some of the many different tapas dishes.
  • Visit the statues of Don Quixote and Sancho Panza in the Plaza de Espana.
  • See the breathtaking Basilica de San Francisco El Grande.
  • Wander the Casa de Campo park, which is five times the size of Central Park.
  • Shop in the luxury boutiques of the Golden Mile.
  • Look for bargains at the El Rasto flea market.
  • See Picasso's Guernica in the Reina Sofia museum.
  • Snack on churros with chocolate.
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