Budget Forecast & Control for Public Sector

Budgeting plays a vital role in the finance sector as a major element of financial data activity rests in the act of budgeting. The Budget Forecast & Control for Public Sector course in Dubai is designed to provide professionals with a comprehensive guide to budget setting and control in the public sector. This immersive training is aimed at helping professionals to develop a thorough knowledge of budgeting, forecasting, and cost management disciplines.

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  • 40 Hours Training
  • Online / Classroom / Onsite
  • 28 Jul, 2024 / 28 Jul, 2024
  • Additional Program Dates
  • 100K+ Happy Students

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What is this Budget Forecast & Control for Public Sector course all about?

The Budget Forecast & Control for Public Sector course in Dubai offers professionals enhanced knowledge of budgeting ​​to reform budget systems and contribute to strengthening public financial management. The comprehensive Public Sector Budgeting course covers various aspects of budget setting, management, and control, including training in variance analysis and commitment accounting. With real case studies, group discussions, and hands-on exercises, this course enables participants to explore a range of newer budgetary & financing techniques in the public sector.

Why is getting trained on Budget Forecast & Control for Public Sector important?

Budgeting and financial management are at the core of economic and public sector reform programs in most nations, this increases the demand for skilled budgeting professionals in the public sector. This Budget Forecast & Control for Public Sector training in Dubai is an intensive and highly participative program that explains the various players in the budgetary process and their impact on the public financial management systems. This training enhances both the underpinning knowledge of the subject and the ability to use financial information in the workplace.

Why do companies hire professionals with Budget Forecast & Control for Public Sector certification?

With growing pressures for enhanced service delivery and the challenges of budgetary crises in the public sector, the demand for skilled budgeting professionals is on the rise. Organizations hire professionals who possess a deep understating of the structures and ethics of public budget policy for improved budget processes and innovative financial management techniques. These professionals develop and sustain budgeting techniques relevant to today’s difficult and rapidly changing business climate.

Industry Trends

Budgeting is one of the most widely used management disciplines that has served to illustrate crucial importance in public sector financial management. The Budget Forecast & Control for Public Sector certification comes with its own set of merits and opportunities in the market. Let us see how.

Market trends

A career in budgeting is highly demanding especially when in the public sector. According to the U.S Bureau of Labour Statistics, the employment of budget analysts is projected to grow 5% from 2020 to 2030, with over 4,300 openings for budget analysts projected each year.

Salary Trends

Professionals in the public sector are found to have impressive earning potential and employers are ready to pay more for qualified Budgeting and Forecasting professionals. As per payscale.com, a certified Budgeting professional earn $8,167 (30000 AED) more than a non-certified professional in the same position. The average monthly salary of certified finance and budget professionals in the UAE can range from AED 20,000 to AED 130,000 depending upon their job roles.

Demand & Opportunities

Public budgeting and finance continue to be central areas of expertise, increasing the demand for skilled professionals in this sector. The Budget Forcast & Control for Public Sector certification gives an assurance of the necessary competency in related roles, thus making these opportunities easier to avail.

A few of the most-sought public sector budgeting jobs available in the Dubai region (as observed in popular Dubai job portals) follow:

  1. Credit Analysts analyze credit data and financial statements of individuals or businesses to identify the degree of risk involved in lending money
  2. Budget Analysts evaluate performance programs, analyze financial policies for efficiency and viability, and help draft budget-related legislation
  3. Financial Coordinators oversee, coordinate and administer the financial records, systems, and processes of the Society
  4. Financial Institution Specialists are responsible for analyzing financial information and developing financial strategies
  5. Investment Credit Research Analysts perform financial forecasting, reporting, and operational metrics tracking for investments

Course Outcome

Successful completion of the Budget Forecast & Control for Public Sector course will help you to:

  • Gain an understanding of budgeting techniques in the public sector
  • Explore a range of new budgetary & financing techniques
  • Discover disciplines of forecasting and budgeting and ways to align them with public financial management
  • Gain skills to  reform budget systems and contribute to strengthening public financial management
  • Achieve effective alignment of strategy, business planning, and budgeting

Course Module

  • Budget Preparation & Approval
  • A Political Excersize
  • Technical Aspects of Budgeting
  • Budget Creditability
  • Bottom-up Budgeting
  • Top up Budgeting
  • Suplemplementary Budget
  • Accrual Budgeting
  • Tax Revenues
  • Non Tax Revenues
  • Taxes to GDP
  • Criteria of a Good Tax
  • Tax Policy process
  • Official Development Assistance(ODA)
  • Integration to PFM
  • Budget Execution Cycle
  • Budget Execution Controls
  • Financial Management Information System(FMIS)
  • Oversight of the Executive
  • Supreme Audit Institution
  • Internal Audit
  • Fiscal Councils
  • Legislature
  • Citizens/ Voters
  • Medium Term Fiscal Framework
  • Medium Term Budget Framework
  • Relation to Other Institutions
  • Revenues Forecasting
  • Expenditure Forecasting
  • Forecasting Theories
  • Best Forecasting Practices
  • Uncertainties in Budget Forecast
  • Risk Assessment
  • Other Issues in Budget Forecast
  • Cash Management
  • Debt Management
  • Public Investment Management
  • Advanced features of Cash management

Program Dates

28 Jul
  • 02:00 PM
  • Sun
  • Classroom
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Expert Instructors & Teaching Methods

Dr Srinivas is a leading industry professional in the field of finance and accounting. He is an established corporate trainer with demonstrated experience in his field. He is the holder of some of the world’s most valued professional credentials such as CMA, CPA, PMP, CCA, CFE, etc. He has an extensive educational background as well in finance which establishes his mettle in designing, developing and delivering excellent training programs. His training records mark exceptional results in guiding and teaching professionals of all experience levels and from diversified backgrounds. He integrates his excellent presentation skills with the knowledge of educational theories and methodologies to provide onsite and virtual training that is of unparalleled quality. His high community services contribution also ascertains his commitment to training potential aspirants to become tomorrow’s professionals.

Education

  • ⦾ Ph.D. in Management, 2018 (Provisional yet to be received) OPJS University, India
  • ⦾ M.Sc. in Applied Psychology 2016, Bhartiyar University, India
  • ⦾ MBA in Finance 2012, Nagarjuna University, India
  • ⦾ LLB 1998, Osmania University, India
  • ⦾ M.Com 1994, Osmania University, India
  • ⦾ B. Com 1990, Osmania University, India

 

Professional Qualifications

 

  • ⦾ Certified Public Accountant, (CPA), The American Institute of Certified Public Accountants, U.S.A
  • ⦾ Certified Management Accountant, (CMA), The Institute of Management Accountants, USA
  • ⦾ Certified Fraud Examiner, (CFE), Association of Fraud Examiners, USA
  • ⦾ Certified Cost Accountant (ICWA-Inter), The Institute of Cost and Works Accountants of India, India
  • ⦾ Project Management Professional (PMP), Project Management Institute

Dr. Srinivas, PhD, MSc, MBA, LLB, CMA, CPA, PMP

Mr. Kashif is an experienced management consultant having more than 20 years of training experience in corporate governance, risk management, compliance in finance, and many more. His vision has transformed many organizations into successful ventures in UAE and globally. Mr. Kashif’s sound judgment and input have helped many organizations to run smoothly. Being a well-known Chartered Accountant himself, Mr. Kashif knows about Process Auditing, Developing Internal Controls, Investment Management, and many more. Apart from his educational qualification, he is an experienced visionary. His insights have helped organizations immensely, and they are enjoying the reaps of success. He has won many international accolades to date. With the “Communicator of the Year” award under his belt, his teaching has motivated students to aim for excellence. Mr. Kashif uses different methodologies to accommodate various learning approaches and makes the teaching engaging and interactive. He is committed to assisting students in realizing their maximum potential and helping them into successful, well-rounded people, both within and beyond the classroom walls.

Work Experience

  • ⦾ Partner, NSKT Global, Dubai
  • ⦾ Group Internal Audit Manager, Mohammad Omar Bin Haider Holding Group, Dubai
  • ⦾ Head of Internal Audit, Dulsco, UAE
  • ⦾ Head of Risk & Internal Audit, Bukhatir Group, Sharjah
  • ⦾ Group Internal Auditor, Al Abbas Group, Dubai
  • ⦾ Senior Auditor, KPMG, Dubai
  • ⦾ Semi Senior, Deloitte, Saudi Arabia

 

Professional Certifications

 

  • ⦾ Certified Information Systems Auditor (CISA)
  • ⦾ Certified Fraud Examiner (CFE)
  • ⦾ Certified Internal Auditor (CIA)
  • ⦾ Certified in the Governance of Enterprise IT (CGEIT)
  • ⦾ COBIT 5

Mr. Kashif Husein

Why Count on Learners Point?

Being the leading provider of the Public Sector Finance Management course in Dubai, at Learners Point we help professionals master the necessary skill sets to successfully complete the Budget Forecast & Control for Public Sector course.

Following are the USPs our Budget Forecast & Control for Public Sector course offers you:

  • We look at real-world scenarios organizations face and formulate our Budget Forecast & Control for Public Sector training course evaluating practical requirements
  • Apart from theoretical knowledge, we also focus on practical case studies to give you a reality check and insight into what exactly will be asked of you while delivering in a demanding role
  • Our bespoke Budget Forecast & Control for Public Sector course also equips you with hands-on experience by offering assignments related to the actual work environment
  • Apart from organizing group sessions, we also offer a guided learning experience to enhance the quality of our Budget Forecast & Control for Public Sector training program
  • We also take a discrete approach to career guidance so that one can be successfully placed as a professional

Learners Experience

"Budgeting in the public sector comes with its own unique challenges, and this course addressed them brilliantly. The instructors were engaging, and the course materials were well-structured. I've gained valuable insights into budget forecasting and control that I can directly apply to my work as a Public Finance Officer."

Joha Noor

Public Finance Officer

"I can't thank the instructors enough for this course. It provided me with a comprehensive understanding of budgeting in the public sector. The practical examples and case studies were enlightening. I feel more equipped to handle complex budgeting tasks in my role as a Government Accountant."

Imran Ali

Government Accountant

"As a Finance Manager, I needed to enhance my skills in budgeting for the public sector. This course was exactly what I was looking for. The instructors were knowledgeable, and the hands-on exercises were invaluable. I now have a better grasp of budget forecasting and control, and it's making a positive impact on our organization's financial management."

Ismail Akhtar

Finance Manager

"This course was a game-changer for me as a Budget Analyst. It provided me with the tools and knowledge needed to effectively forecast and control budgets in the public sector. I now feel more confident in my role, and I've already started implementing some of the strategies I learned. Highly recommend!"

S. John

Budget Analyst

"Budget Forecast & Control for Public Sector course has given me alot more exposure in my professional career. I would recomment Learners Point Academy for this course particularly."

Azza Kambal

Accounting and Finance Professional

Our Graduates

Our graduates are from big companies, small, companies, they are founders, career changers and life long learners. Join us and meet your tribe!

FAQs on Budget Forecast & Control for Public Sector

The public sector budget forecast and control field have plenty of great opportunities waiting for skilled and qualified professionals. Especially with the knowledge of public financing and budgeting techniques, one can easily find his/her way to top positions as it equips them with the versatility to take their career paths to higher levels. With great pay and opportunities for growth, public sector budget forecasting & control is a lucrative career path.
Budgeting and financial management are at the core of economic and public sector reform programs in most nations. This Budget Forecast & Control for Public Sector training in Dubai is an intensive and highly participative program that explains the various players in the budgetary process and their impact on the public financial management systems. This training enhances both the underpinning knowledge of the subject and the ability to use financial information in the workplace
To enroll in the Budget Forecast & Control for Public Sector training in Dubai, we recommend professionals have an understanding of basic finance and budgeting principles in the public or private sector.
At Learners Point, if a participant doesn’t wish to proceed with the training after the registration due to any reason, he or she is entitled to a 100% refund. However, the refund will be issued only if we are notified in writing within 2 days from the date of registration. The refund will be processed within 4 weeks from the day of exit.
Implementation of budget forecasting and control areas in the public sector is a significant priority across many jurisdictions. The rapid growth of the Gulf region's financial budgeting services industry is fuelling demand for finance & budgeting professionals, especially in the public sector. This can lead to a bright future and impressive job prospects for public sector budgeting professionals in the UAE.
This Budget Forecast & Control for Public Sector training in Dubai is ideal for finance or accounting professionals wanting to achieve a thorough understanding of the public sector budget forecasting and controlling principles and techniques.
The training at Learners Point is interactive, immersive, and intensive hands-on programs. We offer 3 modes of delivery and participants can choose from instructor-led classroom-based group coaching, one-to-one training session, or high-quality live and interactive online sessions as per convenience.
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