Purchasing encompasses all activities related to the acquisition of goods, services, and works. A good purchasing and public procurement system ensures that the needs of the end-users in organizations are met while maximizing value-for-money. Because most organizations implement its mandate through contracting third-party providers, an efficient purchasing system that enforces sufficient internal controls and that promotes transparency and ease of audit is key to government operations.
- Introduce the Purchasing process
- Learn how to efficiently record purchases
- Understand how the FreeBalance Accountability Suite™ facilitates the purchasing process
- Creating Purchase Requisitions
- Creating Purchase Orders
- Recording Receipt and Return of Goods, Services, and Works
- Generating Reports related to Purchasing
- PFM consultants
- GRP Consultants
- Business Analysts
- Civil Servants
- Policy Makers
- Procurement Specialists
Budgeting and Appropriations
Executing a fiscal budget is a crucial responsibility of any government. To ensure that spending stays within the approved limits, various budget controls are put in place during the budget execution phase. The Budgeting and Appropriations course trains government officials in these vital expenditure controls.
Chart of Accounts
The Chart of Accounts (COA) Course is designed to help government financial managers explore the fundamental design criteria for creating a modern and effective COA. Through this course, participants will learn how a well-designed COA can streamline reporting, provide global visibility and improve compliance.
Budget Planning is a crucial phase of the Budget Cycle that seeks to balance the government’s limited resources with its competing policy priorities.