The Public Spending Code course is intended to introduce the Public Spending Code (PSC) for Capital Projects. It aims to develop the skills and knowledge of the participants in investment appraisal tools and techniques necessary to build a public sector capital expenditure financial analysis of a project.
Public Spending Code
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Delivery Method
This online course is delivered over two sessions, 10:00am - 12:30pm and 1:30pm and 3:30pm. It will be remotely delivered through MS Teams and facilitated by subject matter experts. Course times are to be confirmed.
Scheduled Dates:
- 27 September 2021
- 8 November 2021
Commences
27 September 2021 | 8 November 2021
Bookings for this course close one week in advance of start date.
Duration
One Day Online Course
Fees & Enrolment
Fee: The cost of this course is €360 per person.
Booking: Bookings must be received in writing using a booking form or the online booking option (see below).
All bookings will be confirmed via email. Please send completed booking forms to:
Central Bookings Office
Institute of Public Administration
57-61 Lansdowne Road, Dublin D04 TC62
Tel: (01) 240 3666 | Fax: (01) 668 9135
Email: training@ipa.ie
All IPA courses are subject to minimum participant numbers and bookings will typically close one week prior to the course start date.
Cancellation Policy: Please note, that in the event of a cancellation less than 48 working hours before the commencement of a course, a 15% cancellation fee will be charged. Cancellation fee will also apply to non-arrivals on the day.
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- The Programme
The Public Spending Code course is intended to introduce the Public Spending Code (PSC) for Capital Projects. It aims to develop the skills and knowledge of the participants in investment appraisal tools and techniques necessary to build a public sector capital expenditure financial analysis of a project.
- Learning Outcomes
On completion of the Public Spending Code online course participants will be able to:
- Engage in the mathematics of compound and discounting.
- Conduct an appraisal using Accounting Rate of Return, Payback method, Discounted Payback method, Net Present Value, Benefit-Cost Ratio, and Internal Rate of Return.
- Identify risk and explore the quantification of risk.
- Course Content
This introduction to the Public Spending Code (PSC) for Capital Projects will cover the following areas:
- PSC overview, the scale of appraisals, project lifecycle, etc.
- Financial mathematics (discounting and compounding) together with practical Investment Appraisal methodologies (Accounting Rate of Return, Payback method, Discounted Payback method, Net Present Value, Benefit to Cost Ratio, Internal Rate of Return, Timing of cashflow).
- Risk and internal control considerations are also discussed.
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