Overview

Expenditure refers to the payment of a sum of money by an organization, arising from a valid commitment or obligation. Payments may arise from procurement activities, such as the purchase of goods and services. Payments may also arise from non-procurement activities, such as payment of salaries. The proper authorizing and recording of expenditures is a key component of financial controls.

The Expenditure Management Course is designed to introduce participants to the expenditure process and provide them with the skills and knowledge necessary to efficiently record expenditures. In addition, participants will learn how to effectively control expenditure costs through the use of proper financial controls.

Course Objectives

  • Introduce the Expenditure process
  • Learn how to efficiently record expenditures
  • Understand how the FreeBalance Accountability Suite™ facilitates the expenditure process

Course Content

  • Creating Expense Vouchers
  • Generating Reports related to Expenditures

Target Audience

  • PFM consultants
  • GRP Consultants
  • Business Analysts
  • Civil Servants
  • Policymakers
Dates On Demand
Length 0.5 days
Pace Self Paced
Fees $50 (Introductory Price)
Language English

Related Courses

Chart of Accounts

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

Budget Planning

Budget Planning is a crucial phase of the Budget Cycle that seeks to balance the government’s limited resources with its competing policy priorities.

Budgeting and Appropriations

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.

Contact