The benefits of this skills programme include a clear understanding of the differences between immediate and ultimate use concepts to assist with determining the economic classification.
The benefits of this skills programme include:
A clear understanding of the differences between immediate and ultimate use concepts to assist with determining the economic classification
A clear understanding of the differences between own-account and outsourced concepts to assist with determining transaction classification
A practical understanding of the correct classification treatment of repairs, maintenance, rehabilitation, refurbishment, upgrades and additions
Understanding the impact that incorrect classification has on the quality of financial reporting
Understanding the inter-relationships between the different SCoA segments and how this can be applied to assist with the correct classification of transactions; and
Practical exposure to the different sources of information and user aids available to assist users with the correct economic classification of transactions with the ERF and the SCoA.
Who should Attend?
Individuals in the public sector (including National and Provincial Government).
Financial practitioners and individuals who have an interest in public sector financial matters.
Pro-Active Public Services College was founded in January 1999 to address the need for financial skills development in the public sector. Pro-Active Public Services College was the first educational institution to receive full accreditation from the Public Sector Education and Training Authority (PSETA) in South Africa.
Pro-Active Public Services College offers training solutions through qualifications, skills programmes and workshops. We offer face-to-face training, e-learning and online interactive training.
Training is facilitated as scheduled courses or specifically tailored for group-training needs of customers. The training solutions offered fall within the following categories: Public Finance; Supply Chain Management (in the Public Sector); Management; Administration; Secretarial; Education and Development (ECD, OD-ETDP and SACE); Small Business Training for Entrepreneurs; Health and Safety; and Computer Skills
Financial Management & Reporting training is offered by Havohej Consultancy. We are registered with Agri Seta, MICTSETA (Media, Information, Communication and Technology SETA), offering a variety of training courses which are SETA accredited.
This 5-day training will give you a good level of knowledge and practice across the main aspects of IFRS-based accounting in the Oil & Gas industry.
Generally Recognised Accounting Practice (GRAP) training is offered by Inspired Financial Management Solutions. We ensure that we are up to date with the latest changes in accounting standards and our approach to implementation of these changes involves classroom training.
Advanced Excel Modelling for Business and Financial Reporting course is offered by BMK Advanced Training Centre. Our programs are designed to enhance our clients competence and relevance in an ever changing environment.
In a world of increasing transparency, there is a growing pressure being placed upon the public sector to standardize financial accounting. Standards adopted are the basis for the ‘new world’ of public reporting – creating greater confidence that public money is being handled effectively.
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