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Budgets in Local Government

Original price was: R3,900.00.Current price is: R3,150.00.

10 April 2026

Course objectives – (SAQA ID 116345)

On completion of this unit standard, you should:

  1. Understand the mission critical objectives of a municipality as defined in the Constitution of South Africa.
  2. Explore the principle that structure follows strategy, and budget follows structure.
  3. Apply the various tools that optimizes the budget process – zero-based budgeting, standard costing, net present value, future value of money, cash flow forecasts
  4. Ensure the strategic objectives are aligned with the budgets process.
  5. Contribute to the efficient allocation of resources at municipalities and entities.
  6. Ensure that funds are used economically, effectively and efficiently.
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Course format: Face to face and online attendance

How to use the budget process knowledge to influence decisions at the boardroom table

Master the governance, risk and assurance activities around the budget process

Best practice frameworks

GRAP accounting | Costing techniques | Cash flow forecasting | Future value of money | Finance Fusion | MSCOA

Duration

12 hours, with a portfolio of evidence to be submitted.  LGSETA competency certificate issued if completed successfully

Course Outcomes

  1.  Apply Municipal Financial Governance Principles – demonstrate the ability to apply the legislative and regulatory frameworks governing municipal finance, including the MFMA, to ensure sound financial administration and compliance.
  2. Manage Municipal Financial Administration – Oversee financial management processes within a municipality, ensuring that systems, procedures, and controls support effective financial administration.
  3. Strengthen Budgeting and Financial Planning – Contribute to the preparation, monitoring, and evaluation of municipal budgets to ensure financial sustainability and alignment with strategic priorities.
  4. Improve Financial Reporting and Accountability – Interpret financial reports and communicate key financial insights that support transparency and oversight by municipal leadership and governance structures.
  5. Support Strategic Municipal Decision-Making – Demonstrate the ability to translate financial information into strategic insights that influence policy decisions, resource allocation, and service delivery priorities.
  6. Strengthen Internal Controls and Risk Management – Identify financial risks, strengthen internal control environments, and support governance structures responsible for oversight and accountability.
  7. Enhance Professional Influence in Municipal Leadership – Develop the confidence and capability to engage with senior management, councillors, and oversight committees, positioning financial managers as key contributors to municipal strategic decision-making.