Finance is the study of how people allocate their assets over time under conditions of certainty and uncertainty.
Banking can be defined as the business activity of accepting and safeguarding money owned by other individuals and entities, and then lending out this money in order to earn a profit.
Course Title: Perspectives on Cost Accounting for Public Sector
Venue: Kampala, UGANDA
Learning Duration: 1 Week
Starting: 10 Dec 2018 Ending: 14 Dec 2018
Fees: 1150 USD
Payment Details: To cover tuition and training materials only.
Public Sector organizations are regularly being challenged to improve on their performance in a very dynamic and resource constrained environment. One way to manage and improve performance in the public sector is to understand their costs and the behavior of factors that drive their costs. Better cost information enables Public sector managers in decision making, reviewing and understanding how efficiently and effectively public resources are used. This programme therefore, provides a solid foundation in understanding costing in the public sector.
WHO SHOULD ATTEND?
Accountants, finance officers, budget officers and managers who appreciate and apply cost accounting principles in their work.
HOW PARTICIPANTS WILL BENEFIT
At the end of the course, participants will be able to:
Appreciate the importance and role of cost accounting
Explain the role of relevant costing in the public sector
Appreciate how cost accounting assist public sector management processes
Collect information on the costing process from internal, external and investments made
Collect information for management analysis and control