MDI is currently provding tuition in "Local Government Accounting" and "Financial Management for Middle-level Accountants and Auditors".

Local Government Accounting

Target group:

Government accounting officers involved in revenue collection and fund disbursement.

Content:

Book-keeping and the principles of accounting:

• recording of transactions in subsidiary books and ledgers;
• bank reconciliation statement;
• preparation of a trial balance;
• preparation of the annual financial statements.

Accounting procedures and financial instructions:

• financial responsibility of council officers;
• supervision and control of the financial operations of councils;
• preparation and format of estimates;
• accounting for revenue and expenditure;
• preparation of financial accounts from the trial balance and ledger;
• accounting of local government operations.

Communication skills:

• oral and written communication;
• public relations;
• supervision.

Duration:

2 weeks.

Financial Management for Middle-level Accountants and Auditors

Content:

Principles of Management and Information Systems:

• overview of management;
• the organisation and the market;
• supervision;
• communication;
• motivation;
• controlling and leadership;
• team building and delegation;
• time management;
• information systems.

Budgeting and budgetary control:

• the budgeting environment;
• elements of a corporate plan;
• the budgeting process and functional budgets;
• budget administration machinery;
• budgetary control and variance analysis.

Financial accounting:

• an introduction to financial accounting;
• accounting for cash and credit transactions;
• the corrections of errors and the detection of fraud;
• the preparation of financial statements;
• analysis and interpretation of financial statements.
  

Internal audit:

• purpose and scope of internal auditing;
• audit process;
• internal controls and type of audit;
• financial, compliance and operational audit;
• audit programmes and working papers;
• the audit report.
  

Taxation:

• Gambian tax laws;
• taxation of the individual (PAYE system);
• taxation of organisations and companies;
• other taxes-custom excise;
• practical exercises.
  

Project:

Students will be also required to complete a project. At the end of the first two week module, a field trip will be organised where the various project groups will collect data for their project reports.

Duration: 12 weeks