An Interactive 5-Day Training Course
Managing Public Money
The Key Requirements Guidance on the Stewardship of Public Funds
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Course Overview
Public money is the money coming from the government, often through taxes, and also from fines and fees. This fund is used to help the public through goods and services, to financially support fire departments, the police, and Emergency Medical Technicians and to pay for the military and rescue organizations that help in the event of a disaster. The money is also used to protect the country as a whole. So, all the countries focus on how to manage public money with public interest at the forefront.
This GLOMACS Managing Public Money training course is designed to provide participants with the techniques and knowledge on the way governments manage public funds, how the government spends money, or expenditure, and the impacts on the growth of the economy and the wellbeing of citizens.
This training course will highlight:
- The principles and rules contained in Managing Public Money
- The key requirement to operate under delegated authority
- The responsibilities of the government of Public Accounts.
- Value for money and feasibility.
- The governance statements.
- The roles of the National Audit Office
- Compliance with the requirements of Managing Public Money
Training Outline
DAY 1: Overview of Managing Public Money
- What is public money? And its components.
- The importance of public money
- The major issues in managing public money
- Managing the risk of public funds
- The principles for managing public resources
DAY 2: Utilization of Public Funds
- What are the Utilisations of Public Funds?
- Requirements for use of public funds
- The major restrictions on the use of public funding
- Misuse of Public Fund
- Problems concerning the use of public funds
DAY 3: Government Accounts
- The categorization of government’s accounts
- Public Account
- Responsibilities of accounting officers
- Accounting officer assessments
- Dealing with other organizations
DAY 4: Governance and Management
- Conceptual Framework
- Records Management and Effective Financial Management
- Governance and responsibilities of board
- Internal Monitoring and Controls
- Value for Money Audit
DAY 5: Best Practices in Using Public Fund
- Sources of funding
- Cash management & Other financing techniques
- Public dividend capital
- Best practice for boards in central government departments
- Techniques to ensure efficient use of public funds
Certificates
- On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
- Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Accreditation
GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.
Providers and Associations
About Saudi Glomacs
At Saudi GLOMACS, we specialize in delivering world-class training courses in Saudi Arabia and across various international locations. Our training courses are tailored to meet the unique demands of Saudi Vision 2030 and the Human Capability Development Program, focusing on empowering Saudi citizens and enhancing workforce skills. We offer diverse courses spanning leadership, management, engineering, and technical disciplines to cultivate expertise and drive professional growth. Our flexible learning options—whether in-person, online, or in-house—ensure accessibility and convenience for individuals and organizations alike.
With over 30+ years of experience through the GLOMACS global network, we are committed to delivering innovative, results-driven training solutions. Our expert instructors combine industry knowledge with dynamic teaching methods, fostering practical skill development and long-term career success. By choosing Saudi GLOMACS, you're investing in personal excellence and contributing to the Kingdom’s sustainable economic growth and vision-driven transformation.
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