An Interactive 10-Day Training Course
Public Sector Management, Governance & Fiscal Sustainability Techniques
Upgrade Your Knowledge to Better Serve Your Citizens
Course Overview
This Advanced GLOMACS Public Sector Management, Governance & Fiscal Sustainability Techniques training course aims at improving the adaptation and integration of the fundamental components of Governance and Fiscal Sustainability Techniques.
This Public Sector Management, Governance & Fiscal Sustainability Techniques training course will therefore cover Governance, Fiscal Sustainability Techniques, Risk Management, Risk-based Auditing and Risk-based Compliance functions to achieve cooperation among these functions and improve the Governance process within the organization.
This professional training course shows how effective Governance implementation enables the assessment, monitoring and reporting of governance risks in support of decision making, business performance, and adherence to regulations, policies and mandates.
Modules
This training course is split into two modules:
Module I - Governance, Risk Management, Banking & Financial Knowledge Update
Module II - Strategic Management, Monitoring and Planning for Government and Public Sector
Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.
Training Outline
Module 1: Governance, Risk Management, Banking & Financial Knowledge Update
DAY 1: Governance, What is it about? Key Principles of Good Governance in the Public Sector
- The Definition, Goals, Basics and Principles of Governance
- The Added Value of Governance
- Building Governance Framework
- Key Principles of Good Governance in the Public Sector
- Key Requirements to Achieving Good Governance in the Public Sector
- External & Internal Parties Involved in Governance Process
- Governance Committees - Audit Committee The Most Important One
- Benefits of Integrating Governance Activities
- Effective Executive Management & Board Members
- Barriers / Obstacles That Prevent Full Implementation of Governance
- OECD Principles of Governance
DAY 2: The Risk, Compliance & Internal Audit Triangle
- The Fundamental Differences and Importance of Its Convergence
- Overlapping: Healthy or Wasteful?
- Cooperation Among These Functions
- New Trend in Audit: Risk-based Internal Audit
- How and Why Audit Units move into Risk-based Audit Programs
- Auditing the Control Environment
- Risk-based Compliance: Definition, Responsibilities and Goals
- Anti-Money Laundering
DAY 3: Banking System - Benefits of Dealing with Banks
- Commercial Banks vs. Investment Banks
- Different Bank Accounts - Savings, Time Deposit, Current A/C’s
- Lending Types: Overdraft vs. Term Loan and Lending Collaterals
- Letter of Credit and Letter of Guarantee
- Terminology & Concepts
DAY 4: Interpretation of Financial Statements - Financial Structure & Financial Analysis
- Why do we have Financial Statements?
- Purpose & Objectives of Auditing Financial Statements
- Financial Position Components: Assets & Liabilities
- Understanding The Characteristics of The Financial Statements
- Healthy / Unhealthy Financial Structure
- Profitability, Liquidity, Leverage, Activity & Debt Ratios
- Gap Analysis & Mismatch Problem
- Cash Flow Analysis
DAY 5: Risk Management Taxonomies
- Risk Management Framework
- Risk Management Triangle
- Credit Risk, Operational Risk, Market Risk
- Risk Control Self-Assessment (RCSA) and Heat Map
Module 2: Strategic Management, Monitoring and Planning for Government and Public Sector
DAY 6: Public Sector Management in Changing Financial and Economic Environments
- Understanding How Volatility Impacts Government Decision-making
- Developing Financial Data Collection and Analysis Networks For Decision-making Inputs
- Creating More Effective Lines of Communication to Improve Decision-making Processes
DAY 7: Strategic Boards & Strategic Thinking and Planning
- Role and Responsibilities of Board Members: Strategic Boards and Strategic Members
- Role of Strategic Planning and Thinking in Driving Organization's Sustainable Growth For Within The Context of Sustainable Development
- Developing Strategic Planning Culture is Required to Uphold Organizations’ Growth
- Connecting Challenges with Strategic Objectives
- Digesting Strategy's Berries to Ensure Success
- Questions a Leader should be Equipped with to Drive Organizations:
- How to create and develop a vivid strategy and to ensure smooth execution?
- How to dwindle the gap between the organization strategic planning and execution?
- What can cause a strategy to fail?
- How to monitor strategy to lead to organizational success and glory?
- How to close strategy to performance gap?
- How to measure & monitor the strategic objectives through a set of KPIs (Strategic & Operational)?
DAY 8: Strategies to Institutionalize the Regulation, Monitoring, and Enforcement of Government Projects / Programs
- Understanding the Linkages between Sound Institutions, Good Policies and Effective Government Programs
- Determining the Appropriate Balance of Government Regulation
- Developing Program Monitoring Plans that Focus on Accountability and Transparency
DAY 9: Strategies to Reduce Systemic Corrupt Practices in Government Operations
- Developing Managerial Accountability Plans at Each Level of Government
- Identifying Techniques to Mitigate Corrupt Practices
- Developing Performance-based Indicators to Analyze and Measure Results
- Improving Procedures and Quality in Daily Transactions with Customer / Beneficiaries
DAY 10: Fiscal Management Accountability: Revenue Forecasting and Expense Budgeting
- Understanding Revenue Requirements For On-going Operations and Asset Expenditures
- Setting Priorities For Tax Policy, User Fees, and other Cost Recovery Tools Under IASB
- Using Performance Budgeting to Set Government Program Priorities
- Liquidity Risk Management
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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