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SAIGA's
Skills Transfer & Educational Programmes STEPSTM
REVENUE, EXPENDITURE, ASSETS & LIABILITIES COURSE (REAL)
Course Facts
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Full course name: |
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Revenue, Expenditure, Assets & Liabilities Course |
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Short name: |
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REAL Course |
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Duration of course: |
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5 days |
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Educational Credits: |
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30 |
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Certificate issued: |
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Yes |
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Cost: |
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R
6,350.00 plus 14% VAT (R889.00) = R 7,239.00 |
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Presenters: |
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Our presenters are a blend of professional managers, accountants and educators with wide experience in the presentation of courses in the public sector. The high esteem of SAIGA courses has been developed over a number of years by involving only experts in the development and presentation of the CPE opportunities. |
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Dates: |
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21 to 25 May 2012
22 to 26 October 2012 |
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Venue: |
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PRETORIA
(participants will be advised regarding the specific venue, which depends on availability and number of participants interested in the course) |
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Times: |
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The daily programme of the course starts at 08:30 and
ends at 16:00 On the last day of the course the
programme ends at 12:00 to accommodate travel
arrangements of participants,
therefore
no lunch is served on the day of departure. |
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Quality assurance |
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SAIGA and the Public Finance Management Academy has entered into co-operation agreements with educational experts to function as quality assurer of this course and the course design, structure and material are subject to quality control and assessment by educational and professional experts. |
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Applicability: |
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Suitable for staff from national & provincial departments, public entities and organisations supporting these entities. |
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Approach: |
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The course is developed and structured on the outcomes based education (OBE) model. |
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Accreditation: |
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This Course was accredited by the National Treasury's
Validation Board until it ceased to operate in 2006. |
Download
the full course brochure
(pdf format)
Background and topics covered
Please also read the fact sheet of the Foundation Course of the Public Finance Management Programme.
The Public Finance and Management Act (PFM Act) regulates financial management at national and provincial level. The PFM Act also embraces constitutional institutions, public entities, national and provincial government business enterprises as well as entities under their ownership control. The PFM Act provides the framework for a paradigm shift from financial administration to financial management.
The REAL-concept is introduced in the Public Finance Management Act and refers to Revenue, Expenditure, Assets and Liabilities.
The Treasury Regulations identify amongst others the following areas of management (alphabetical)
This Module deals with the above management concepts. A two-way approach is followed. The statutory prescribed norms and standards (including instructions) are dealt with as well as generally accepted best practice with regard to the relevant concepts. Hereby course participants are empowered to vary their management techniques and styles whilst staying within prescribed and allowed limits determined by legislation.
Due to the emphasis the Public Finance Management Act places on measuring efficiency and effectiveness, the concept of costing becomes more important. The course therefore also deals with the following:
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Elements of costing
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The Activity Based Costing Approach (ABC)
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Cost-Benefit Analysis (CBA)
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Cost-Effectiveness Study (CES)
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Activity Based Budgeting (ABB) in the public sector
Emphasis is also placed on processes which need to be managed:
The course is specifically designed from a public sector perspective and strikes a balance between management skills and the conceptual knowledge required to understand these concepts. Case Studies form an integral part of the learning experience.
Group size is limited to enable optimal interaction, participation and maximum retention of knowledge and skills.
Course participants have to bring along their financial calculators as these will be used in certain case studies.
Participants receive detailed complimentary notes to facilitate continued learning even after the course itself has ended.
Participants have to bring along financial calculators to enable them to do certain practical examples in class.
All office bearers who have to deal with or who are responsible for REAL management will benefit greatly from attending this Module.
Booking and cancellation policies
Bookings
Since only a limited number of participants can be accommodated,
bookings will be handled on a first-come-first-served basis. To
avoid disappointment submit your registration as soon as
possible.
Changes / cancellations:
Tax invoices will be issued (faxed and posted) on receipt of
your booking. Once a tax invoice has been issued the
department/delegate will be held liable for payment of the full
course fee. No refunds can be made, but alternative delegates
(substitutes) may attend the same course at no extra cost. All
booking changes or cancellations are charged at R1,368.00
(R1,200 plus 14% VAT) per delegate booking. No cancellations or
changes in booking will be accepted if not received in writing
at least 5 working days before the course. Invoices must be paid
before the course starts. No certificates will be issued if
payment is outstanding. Outstanding payments incur 2% interest
per month. Due to the minimal information which banks provide in
respect of direct deposits, participant have to fax their
deposit slips / electronic transfer slips to the Secretariat and
state the invoice number/(s) to which the deposit refers. As
required by recent legislation, VAT numbers have to be provided
with registration. The Institute reserves the right to cancel a
particular course due to unforeseen circumstances e.g.
insufficient bookings or unavailability of venues (in the last
few years, only a few courses had to be cancelled). In such
event, participants will be informed at least two weeks before
the scheduled course date of such cancellations. Participants
who have paid their fees will receive full refunds in the event
of SAIGA cancelling a course (SAIGA’s liability in such event is
limited to this refund).
To register for
this course, or any other course, kindly complete our online registration form:
CLICK
HERE TO ACCESS THE COURSE APPLICATION FORMS
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