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University of Cape Town: Public Sector Financial Reporting
Gain an in-depth understanding of the specialized frameworks underpinning public sector financial reporting.
Gain an in-depth understanding of the specialized frameworks underpinning public sector financial reporting.
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Public Sector Financial Reporting
About this Course
Rising concerns around global government spending has led to public demand for accurate and transparent financial reports, setting higher standards for treasury management. To meet these requirements, it’s imperative that professionals in this field use the Generally Recognised Accounting Practice (GRAP) frameworks that underpin financial reporting in the public sector. In doing so, they can create a credible record that communicates high-quality expenditure information, which informs policy and decision making, and in turn drives the better use of public resources.
The Public Sector Financial Reporting online short course from the University of Cape Town (UCT) is based on the Postgraduate Diploma in Public Sector Accounting offered by UCT. Part of this course has been developed into smaller online short courses that allow professionals to study specific areas of public sector structures, governance, accounting, and finance, in order to bolster their skills in this important and relevant field.
This online short course covers specialized and highly technical concepts to help you accurately recognize, measure, and report on current and non-current assets within the public finance sector. Over 12 weeks, you’ll gain expert tools and insights from UCT faculty, as you learn to draft in-depth financial statements for public sector entities.
This highly intensive course is aimed at private or public sector professionals looking to enable career growth in the public finance sector. It’s valuable to those who are starting their career and would like to prepare for a future role in public sector finance within South Africa, as well as other countries in Africa. Established balance sheet custodians, accounting consultants, and financial managers who are interested in formalizing and augmenting their knowledge within the specialized field of public sector accounting will also benefit from the tangible outcomes and analytical toolkit delivered throughout this 12-week course.
Acquire the knowledge and skills to use a range of GRAP frameworks to create public sector financial statements and earn an official certificate of completion from the University of Cape Town.
Assessment is continuous and based on a series of practical assignments completed online. In order to be issued with a digital certificate, you’ll need to meet the requirements outlined in the course handbook. The handbook will be made available to you as soon as you begin the course.
Some facts about the subject
R800 billion
The minimum amount needed to mitigate the effects of COVID-19 on the South African economy as projected by its finance minister.
PwC (2020).
R3 billion
The additional amount allocated by the South African government to recapitalise the state-owned Land Bank in 2020.
National Treasury (2020).