MONITORING AND CONTROL OF EXPENDITURES

Live-Online Training: N123,625
Classroom Training: N 182,750
3 - 4 participants: 5% discount
5 or more participants: 10% discount

(Available also for Customised Training by Duration, Venue & Fee)

Course Contents

DAY ONE

• The Relevance of Matching Expenditure with Income
• Sources of Funds
• Nature of Spending Impulses
• Procurement Procedures
• • Purchasing cycle
  • Procurement
  • Code of ethics
• Types of Variances
• • Cost v budget
  • Missed timing
  • Errors/omissions
• Service Level Agreements
• • Assessing value of work being accomplished.

DAY TWO

• Virements
• • Transfer from reserve funds
  • Budget revision
• Accrued Surpluses
• • Surplus arising
  • Surplus handling policy
• Income and Expenditure Monitoring Reports
• • Financial summary
  • Trial balance.