Learning Programme Description
This course is designed for l earners who need to prepare documentation for the approval of projects of a capital nature in a municipality and use this documentation to raise finance from financial institutions in South Africa for municipal capital projects. This course is also intended for practitioners in local government who are involved in decision-making processes at operational, management and political levels where the acquisition of competence against from this course will add value to one's job. This course will also add value to public officials who are seeking to develop a career pathway towards becoming an accomplished public finance management and administration specialist. This course covers the following topics : contribution to capital planning and financing; a pplication of costing principles to municipal operational and service-based costing; c onducting working capital management activities in accordance with sound financial management policy; application of cost management information systems in the preparation of management reports.
Learner Outcomes
After completion of this course learners will be able to:–
- Determine capital investment appraisal and project financing options
- Prepare a business plan for a municipal capital project
- Apply different methods of raising finance for capital in a municipality
- Determine and explain the capital expenditure controls
- Apply criteria for screening and selecting capital projects
- Combine financial and non-financial factors in a project appraisal
- Apply the cost-benefit analysis to projects undertaken by municipalities
- Use relevant cost information in all areas of decision-making within local government
- Determine the economic cost of the services in order to make informed decisions about service delivery
- Analyse the apportionment of overheads to determine the full costs of providing services
- Make decisions on the efficiency of service provision by examining and comparing costs
- Advise on service agreements between departments to improve the costing system of the municipality
- Use the working capital management policy applicable to the public finance management
- Use financial information to inform working capital decisions
- Manage accounts receivables , inventory and cash resources
- Identify and apply different methods of accounting for costs
- Compile costing information of management control
- Prepare cost performance reports using variance analyses techniques
- Present relevant data to support non-routine short-term decisions
Duration : 15 days
Entry Requirements
Matric or equivalent or higher with competence in communication, economics and mathematical literacy. Experience of working in the local government environment will be beneficial .
Course Outline
Module 1 : Introduction
Module 2 : Capital Investment Appraisal and Project Financing
Module 3 : Preparation of a Business Plan for a Capital Project
Module 4 : Business Financing for Capital Projects
Module 5 : Selecting Capital Projects: Financial and Non-Financial Factors for Project Appraisal
Module 6 : Cost-Benefit Analysis for Capital Projects
Module 7 : Cost Information for Decision Making
Module 8 : Decisions on the Efficiency of Service Provision
Module 9 : Service Level Agreements for Costing Improvement
Module 10 : Working Capital Management
Module 11 : Managing Accounts Receivables, Inventory and Cash Resources
Module 12 : Types of Accounting for Costs
Module 13 : Costing Information and Management Control
Module 14 : Cost Performance Reporting and Variance Analyses Techniques
Course Programmes 