By the end of this program, participants will be able to:

• Understand the concept of government financial oversight and its importance in improving institutional efficiency.
• Comprehend financial management standards applied within government entities and their implementation mechanisms.
• Identify the structure and divisions of financial management in government institutions and their stages of development.
• Explain the role of oversight and regulatory bodies in promoting transparency and financial accountability.
• Recognize the financial regulations and systems governing public sector financial operations.
• Apply government accounting strategies in preparing budgets and final accounts.
• Assess the importance of financial reporting and its role in evaluating financial performance.
• Differentiate between the cash basis and accrual basis of accounting and analyze their impact on public financial performance.
• Analyze the requirements and implementation strategies for transitioning to accrual-based accounting.

Module 1: Introduction to Government Financial Oversight

• Concept and dimensions of government financial oversight
• Financial management standards in government institutions
• Structure and divisions of financial management
• Types and roles of oversight bodies
• Financial systems related to government financial operations

Module 2: Government Accounting System

• Government accounting strategies and methodologies
• Rules and procedures for budget execution
• Preparation of financial reconciliations and final accounts

Module 3: Government Financial Reporting

• Importance of financial reporting in decision-making
• Types of financial reports and preparation methodologies
• Preparation of financial performance evaluation reports
• Relevant International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS)

Module 4: Introduction to Accrual Accounting

• Definition and strategic objectives of accrual accounting
• Key differences between cash basis and accrual basis accounting
• Impact of accrual accounting on financial statements and the financial cycle
• Public sector accounting standards in the Kingdom of Saudi Arabia

Module 5: Transition to Accrual Accounting

• Phases and requirements for transitioning to accrual accounting
• Developing an appropriate financial organizational structure
• Preparing financial statements in accordance with accrual basis accounting

• Financial management staff in government entities
• Professionals responsible for preparing and reviewing government financial reports
• Government accountants
• Oversight and audit officials in public sector institutions
• Individuals seeking to enhance their expertise in government financial oversight