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Course Schedule
Classroom Sessions:
Date Venue Fees
05 - 09 Aug 2024 Dubai - UAE $5,950
09 - 13 Dec 2024 Dubai - UAE $5,950
Online Sessions:

05 - 09 Aug 2024 Online $3,950
Course Description

INTRODUCTION

Today's police services face a big challenge! Everybody expects high service levels and value for money and effective budgeting and financial management has a vital central role in helping today's law enforcement agencies to achieve their demanding goals for high service levels whilst meeting increasingly tight budgetary cost constraints.

This leading-edge GLOMACS Budgeting and Financial Management for the Police Services training course will give you a full briefing on the fundamental principles, key functions, and practical application in the continuously developing sphere of public sector finance, and how these apply specifically to the police services. Non-financial law enforcement employees and managers are regularly required to both provide input to the budget process and respond to information presented in departmental financial reports as part of their active involvement in the financial management process. It will provide a useful hands-on practical introduction for the non-financial manager as well as an invaluable refresher and update for finance professionals working in the policing area of the public sector. Also, it incorporates a vital update on International Public Sector Accounting Standards Board (IPSASB) standards and designed to meet the requirements of both the non-financial police service budget holder as well as providing an invaluable refresher for finance professionals working in the policing service.

Objectives

At the end of this GLOMACS training course, the participants will learn to:

  • The context for financial decision-making in the police services
  • How to balance the goals of service delivery and cost constraints
  • How to analyse and interpret public sector financial reports
  • The objectives and methods of budgeting in the police services
  • Practical techniques for forecasting revenue and costs
  • The fundamentals of police service financial management
  • The principles of capital investment and outsourcing decisions

WHO SHOULD ATTEND?

This GLOMACS Budgeting and Financial Management for the Police Services training course is relevant to all of those involved in the preparation, presentation, and interpretation of police service budgets and officers and managers involved in the financial management of various law enforcement agencies. 

This GLOMACS training course is suitable for a wide range of professionals but will greatly benefit: 

  • Finance Managers
  • Police service departmental budget holders
  • Public sector and police service budget accountants
  • Public sector purchasing and procurement managers
  • Assistants to relevant ministry and corporate officials
  • Financial accounting team members in the police service
  • Planning managers dealing with the police and law enforcement
Course Outline

  • Purpose of Police Service Accounting and Budgeting
  • Balancing Service Level Targets and Operating Costs
  • Basic Concepts in Police Service Financial Accounting
  • Distinctive Characteristics of Police Service Financial Accounts
  • Principles of Public Sector and Police Service Financial Management
  • Understanding and Analysing Cost Behaviour
  • Interpreting Financial Ratio Analysis of the Public Sector and Police Service Reports
  • Managing and Improving Spending Deficits
  • Outcome Focused Budgeting in the Public Sector
  • Techniques for Forecasting Police Service Revenue and Costs
  • Principles of Capital Investment Decision-making
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
Providers and Associations

Endorsed Education Provider

  • Quality Logo
  • Quality Logo

GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy 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.NASBARegistry.org

In Association With

Oxford Management Centre

Oxford Management Centre

A GLOMACS - Oxford Management Centre collaboration aimed at providing the best training services and benefits to our valued clients.

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