In light of the state's Economic Strategy and the general direction towards rationalizing expenditure, reducing costs, increasing income, diversifying income sources, imposing fees, and reorienting support, we may have overlooked the concept of enhancing the efficiency of public expenditure. Despite various attempts and initiatives to rationalize spending, the lack of focus on enhancing public expenditure efficiency can lead to slow growth. This is coupled with public opinion on terms such as "rationalization," "reduction," "increase," "diversification," and "service charges."

Therefore, it is crucial to align with the official approach of the new economic strategy and promote the concept of enhancing public spending efficiency to everyone, especially the staff of government institutions and financial and human resources officials. This training program at the British Academy For Training And Development aims to provide essential skills and knowledge to achieve these objectives.

Who should attend? 

• Companies and institutions finance managers 
• Financial workers 
• Finance students 
• Financial consultants 
• Anybody who wants to learn about finance 

How attendees will benefit? 

After completion of the Mini Master, delegates will be able to: 

• Spread the culture of spending efficiency between different administrative level 
• Provide participants with financial efficiency methods. 
•  Take note of the basic sources of financial efficiency. 
•  How to achieve the highest financial efficiency. 
•  Developing the skills of participants in raising financial efficiency. 

• Definition of spending and its importance in managing the financial resources of institutions.
• Identify the impact of effective spending on operations and profits.
• Management effectiveness.
• Organization functions.
• Efficiency leveling elements.
• Administrative importance in achieving the organization’s mission and goals.
• Proficiency level indicators.
• The concept of spending efficiency.
• Methods of measuring spending efficiency.
• Use comparisons to express spending efficiency.
• Factors affecting the efficiency of spending methods to improve spending efficiency.
• The most important new global challenges in this field.
• Analyze and evaluate current spending.
• Study and analyze the organization’s current spending pattern and identify areas that need improvement.
• Apply financial analysis tools to evaluate the effectiveness of spending and identify areas of weakness and possible improvement.
• Various strategies to increase spending efficiency, including improving procurement processes and saving costs.
• Apply performance management tools to track and evaluate the achievement of goals to increase spending efficiency.
• Strategies to improve procurement processes including robust negotiations and selection of reliable suppliers.
• Apply supply chain management tools to improve supplier communication and reduce costs.
• Analyze internal spending processes and identify areas that need simplification or improvement.
• Total quality management techniques to improve process efficiency and reduce waste.
• Cost saving methods such as continuous improvement and use of technology to achieve higher efficiency.
• Apply inventory management methods to reduce loss and waste and achieve cost savings.
• Measure and evaluate the achievement of goals for increasing spending efficiency.
• Applying financial performance measurement tools to determine the extent to which goals of increasing spending efficiency are achieved.
• Use reports and performance indicators to evaluate progress and identify areas that need additional adjustments or improvements.
• Appropriate means to enhance the efficiency of public spending.
• Means of increasing financial efficiency.
• The importance of accompanying the official approach to the new economic approach to raise the efficiency of spending.
• Applying technology to improve spending and allocation.
• Using enterprise resource management (ERP) systems to improve financial and administrative processes.
• Reporting and analytics technology to improve spending visibility and informed decision making.
• Practical applications and discussions.