Financial Accounting & Reporting Public Sector

Course details

OVERVIEW: Financial Accounting & Reporting for Public Sector course is designed to make financial decision-making easier for professionals. The Financial Accounting & Reporting for Public Sector training provides professionals with in-depth knowledge of public sector financial reporting practices and discusses the theoretical framework and principles of financial reporting for public sector entities. This Public Sector Accounting training is meant for professionals seeking career growth in the public finance sector.

CAREER OPPORTUNITIES:

Market Trends: The Financial Accounting & Reporting for Public Sector course provides a specialized niche for financial services and delivers a plethora of career opportunities. According to the Bureau of Labor Statistics, the overall employment of financial analysts is projected to grow faster than average at 16% before 2022, this growing employment rate is expected to reflect positively on the jobs in the public finance sector as well. This Public Sector Accounting training in Dubai provides the best job prospects in public finance.

Salary Trends: The Financial Accounting & Reporting for Public Sector training provides professionals with job opportunities that pay high salary packages which is above most government jobs. According to the BLS, Financial Analysts in public finance make an average of $69,210 (AED 254,215) per annum. This Public Sector Accounting course in Dubai helps professionals have their dream careers with hefty paychecks.

Demand and Opportunities: Professionals pursuing Public Sector Financial Accounting Training in Dubai get job opportunities in the finance sector as Specialists, Auditors, Officers, Analysts, and Managers. The Financial Accounting & Reporting for Public Sector training assures the necessary competency in financial job roles. Professionals gaining expertise from Public Sector Accounting training can use various financial tools to draft financial statements for public sector entities.

COURSE OUTLINE:

Module 1: Financial Reporting in the Public Sector

• Aims and objectives of financial reporting
• Application of accounting theories and principles to the Public Sector
• Regulatory frameworks for financial reporting in the Public Sector

Module 2: Financial Accounting in the Public Sector

• Basic Accounting
• Elements of Accounting
• Cash vs Accrual Accounting
• Components of Financial Statements
• Consolidated Financial Statements
• International Public Sector Accounting Standards (IPSAS)

Module 3: Preparation of Government Accounts

• Preparation of Central government accounts
• Preparation of Local government accounts
• Preparation of Regional government accounts

Module 4: Public Sector Budgeting & Auditing

• Public Sector Budgets
• Comparison with Financial Statements
• Internal Audit
• Supreme Audit Institutions

Module 5: Interpretation and Performance analysis

• Analyzing financial performance
• Calculating and interpreting financial performance
• Criminal behavior in the financial and accounting functions

KEY TAKEAWAYS:

After successful completion of this Financial Accounting & Reporting for Public Sector training, candidates will be able to:

• Convey relevant financial information and analyze the financial health of the firm
• Measure the financial performance, position, status, and profitability of the firm with respect to its competitors
• Assist investors and creditors with relevant financial information and data
• Acquire the latest accounting knowledge of the tools, practices, and trends in the industry that aids in decision making
• Identify both strong and weak financial aspects of the business and rectify them by applying financial techniques

ACCREDITATION:

This Public Sector Accounting course in Dubai is accredited by ISO 9001: 2015 and the Knowledge and Human Development Authority (KHDA).

ALUMNI: Our academy graduates after undergoing the Public Sector Accounting course in Dubai, are successfully placed in some of the top-notch companies in Dubai like Emirates, Jumeirah, Aramex, Airarabia, Damac, Emaar, Emirates NBD, Dubai Islamic Bank, etc. Our graduates are entrepreneurs/ founders, career changers, and lifelong learners.

WHY LEARNER’S POINT:

As one of the leading providers of the Public Sector Accounting training, Learners Point aims to help professionals master the necessary skill set of a Financial Accountant and promises them a successful career ahead.
Following are the USPs our Public Sector Accounting training offers you:

• We look at real-world scenarios organizations face and formulate our Public Sector Accounting training course by evaluating practical requirements
• Apart from theoretical knowledge, we also focus on practical case studies to enable professionals to have a reality check and insight into what exactly will be expected out of them while delivering in a demanding role
• We also equip professionals with hands-on experience by offering assignments related to the real-life work environment
• Apart from organizing group sessions, we also try to enhance the quality of our Public Sector Financial Reporting training program by offering a guided learning experience
• We also take a discrete approach to career guidance so that the candidate can be successfully placed as a professional

Updated on 20 November, 2024