Debtors and Credit Control in the Public Sector
3 days|Delivered on request
Debtors and Credit Control in the Public Sector takes the discipline and works it through the constraints of this operating context, including cash flow forecasting, audit readiness and the compliance obligations that come with it. The sector framing is necessary because boards increasingly expect finance to explain the business, not only report on it, and generic training rarely survives contact with the local rules. Delegates leave able to work confidently with budgeting and variance analysis, revenue recognition and financial statement preparation in their own organisation.
What delegates leave able to do
- Bring budgeting and variance analysis into line with current good practice, measured against GRAP for public entities
- Take ownership of revenue recognition rather than escalating it
- Put financial statement preparation on a footing they can defend to a reviewer
- Improve working capital management within their own organisation
What the course covers
- Cash flow forecasting
- Audit readiness
- Budgeting and variance analysis
- Revenue recognition
- Financial statement preparation
- Working capital management
- Cost allocation
Who should attend
- management accountants
- audit committee members
- finance business partners
- internal auditors
