PUBLIC SECTOR BUDGETING & PLANNING - Virtual Seminar

Loading Events
« Events
  • This event has passed.

December 3 @ 9:00 am - December 4 @ 3:30 pm

| Ksh 10000

THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
PUBLIC SECTOR BUDGETING AND PLANNING
Theme: Intricacies of Public Sector Planning and Budgeting Considerations in the Wake of Covid19 Pandemic
Date: 3rd – 4th December 2020
Time: 09:00 – 15:30 Hours
Charges: 10,000
CPD Units: 10
Venue: Virtual /Online

INTRODUCTION

Budgeting and Budgetary Control is a rational means of allocating and controlling scarce resources of an organization towards the attainment of set goals and objectives. One of any government’s foremost responsibilities is to be a careful steward of public funds. Putting policies in place that reflect best practices, outline roles and responsibilities, and define overall goals for how the governmental unit’s finances are handled is a good start to staying on good financial footing. Fiscal policies help create consistent processes in an environment where elected official turnover can cause shifts in direction and priorities over time.

This webinar on budgeting in the public sector focuses on budgeting planning, implementation and Control. It is designed to provide participants with the necessary skills and knowledge to efficiently plan and control the available scarce resources of their ministries, departments, and agencies to achieve their set goals and objectives.

The impact of the COVID-19 pandemic further complicates the situation in the accounting and financial reporting requirements and budgeting in the public sector. The COVID-19 pandemic presents unprecedented challenges for everybody and to all entities, from its effects on everyday lives, to its impacts on the world’s economies.

However, it should not be lost to the fact that after the world emerges on the other side of this devastating pandemic, one of the legacies of this extraordinary period will undoubtedly be the longer-term financial impacts of the interventions by governments around the world.

The unparalleled nature and scale of the fiscal measures being taken in response to COVID-19 reinforce the need for strong Public Financial Management (PFM) to maximize their immediate effectiveness. Strong public accountability for the resources used in fighting the pandemic, through high quality financial reporting, will also be essential to making their overall impact on public sector finances fully transparent.

It is against this backdrop of the prevailing situation that the Institute has organized a two-day Workshop to build the capacity of the preparers and reviewers of the public sector budgets.

The discussion during the Seminar will focus on:

  1. Overview of the PFM and effective planning and budgeting for the public sector
  • Overview of the public financial management cycle
  • Government and the economy
  • Policy making
  • Funding public services
  • Budgeting and budgeting techniques
  • Revenue management
  • Project management
  1. Strategic Planning and budgeting.
  • Linkages in Policy, Planning and Budgets
  • Budgeting and Budgetary Controls
  1. Budgeting and budgeting techniques
  • Planning, Budgeting and Performance Review Process
  1. Medium Term Expenditure Framework (MTEF)
  2. Integrated Budget Performance Measurement Systems
  3. Budgeting and its role for achieving organizational targets
  4. Sector Programming and Budgeting (Programme and performance Based Budgeting)
  5. Cost Analysis for Budgetary Purposes
  6. Cost hierarchy & cost drivers – linking resources, activities and management
  7. Activity Based Costing and its’ application in budgeting
  8. Public Expenditure and Financial Accountability (PEFA)

Target Audience:

This seminar will be most beneficial to delegates drawn from both the public and private sectors particularly; Heads of Department, Budget Controllers/Directors, Budget Officers/Supervisors in ministries, departments and agencies, and County Government budget and appropriation committee members, Budget Analysts/Consultants.

Members of ICPAK and those from reciprocating professional bodies will be awarded 10 CPD Unit for attending all seminar sessions.

 FINANCIAL COMMITMENT:
The Webinar charges are Kshs. 10,000. Charges will cater for online video access fees, learning materials, and e-certificates of attendance

Online Booking:

We call on Seminar participants to note that booking for is available only online at www.icpak.com/events and will close two hours before the training session.  Delegates are reminded to note that online booking for training sessions is mandatory.   This is available either online at www.icpak.com/events  or on the ICPAK Live – A smart phone based application that is available from google store.

Further requests can be channeled to us via telephone calls on +254 733 856 262/ 727 531006 or via email to brenda.imali@icpak.com.

We encourage members to regularly visit our website https://www.icpak.com/event-registration/ for updates.

Details

Start:
December 3 @ 9:00 am
End:
December 4 @ 3:30 pm
Cost:
Ksh 10000
Event Categories:
,

Organizer

ICPAK
Website:
icpak.com

Other

CPD Hours
10
Associates Member Cost
Ksh 10,000
Full Member Cost
Ksh 10,000
Non Member Cost
Ksh 10,000
Status
Open
Dec 05

Anti-Money Laundering Video

Book Now!
Dec 05
Dec 05

FINANCIAL REPORTING: IFRS 9 Hedging and Disclosures Video

Book Now!
Dec 05

FINANCIAL REPORTING: IFRS 9 Impairment and Credit Losses Video

Book Now!
Dec 05
Dec 05

Tax and Economics

Book Now!
Dec 05

Internal Audit Reporting Test

Book Now!
Dec 05

RISK MANAGEMENT

Book Now!
Dec 05

VIRTUAL ANNUAL IFRS WEEK (3DAYS OPTION)

Book Now!
Dec 05

VIRTUAL ANNUAL IFRS WEEK (2DAYS OPTION)

Book Now!
Dec 05
Dec 05

AUDIT STAFF TRAINING – MANDATORY TRAINING

Book Now!

Download

About ICPAK

ICPAK is an Institution
mandated to protect and uphold public interest
as well as develop and regulate the accountancy profession in Kenya.

Member Of:

Contact Information:

P.O BOX 59963-00200,
CPA Center, Ruaraka, Thika road.
Nairobi, Kenya.
Telephone Line (Main) : +254 719 074 000
Mobile: +254 719 074 000, (+254) 733 856262
Email: icpak@icpak.com

Today's Visitors

486465
Users Today : 429
Who's Online : 3

TOP