Governmental and Not-for-Profit Organizations face increasingly complex issues as they try to fulfill their mission. These challenges place severe pressures on the financial viability of these organizations.
This 5-day course deals with the principles and practices of using cost information to control in the governmental sector and not-for-profit organizations.
To enhance the participants’ Knowledge, Abilities and Skills necessary for preparing and using cost information to control in the governmental and not-for-profit organizations
By the end of the Course the participant will be able to:
Demonstrate the key Characteristics of Governmental and Not-for-Profits organizations
Objectives of Financial Reporting
Explain the Accountants’ Role In The Management Cycle of Governments And other Not-for-Profits
Explain How Do Program Budgets Relate Expenditures to Operational Objectives
Demonstrate Similarities Between Decision Criteria of Governments and Not-for-Profits to Those of Business Despite Different Objectives
Explain the Importance of Identifying Incremental Costs And Benefits
Assessment of the Fiscal Benefits of Contracting Out?
Explain How Should the Costs of Fund – Raising Activates be Determined
Use Variance Analyses to Control Costs and Evaluate Performance
Presidents, vice Presidents of finance, controllers, senior finance managers, and executives