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Course Outline
Introduction
- Understanding extrajudicial and judicial collection methods and their significance for government.
- Identifying primary sources and causes of debt default and delinquency in public sector operations.
- Key concepts and tools essential for effective collection analysis and decision-making for government agencies.
- Overview of main types of creditors and debtors, including their rights and obligations within the context of government operations.
- Evaluating the risks and opportunities associated with collection activities in the public sector.
Extrajudicial Collection
- Definition of extrajudicial collection and scenarios where it is utilized for government purposes.
- Advantages and disadvantages of using extrajudicial collection methods for government agencies.
- Principal methods and techniques employed in extrajudicial collection for government operations.
- Legal and ethical considerations relevant to extrajudicial collection practices for government entities.
- Assessment of the effectiveness and efficiency of extrajudicial collection strategies for government use.
Judicial Collection
- Definition of judicial collection and circumstances under which it is applied in government contexts.
- Advantages and disadvantages of judicial collection methods for government agencies.
- Key stages and procedures involved in the judicial collection process for government entities.
- Roles and responsibilities of all parties involved in judicial collection activities within the public sector.
- Strategies for addressing challenges and problems encountered during judicial collection efforts for government.
Comparison and Integration
- Comparing and contrasting extrajudicial and judicial collection methods to determine their respective strengths and weaknesses for government operations.
- Selecting the most appropriate collection strategy based on different scenarios and situations in the public sector.
- Integrating both extrajudicial and judicial collection approaches into a comprehensive and coherent framework for government use.
- Monitoring and enhancing the performance and outcomes of collection activities within government agencies.
- Adapting and refining collection plans and methods to meet evolving needs and challenges in the public sector.
Summary and Next Steps
Requirements
- Basic understanding of finance and accounting principles for government
- Familiarity with legal terminology and concepts relevant to collections
- Knowledge of collection processes and procedures used in governmental settings
Audience
- Finance professionals engaged in collection activities within government agencies
- Legal professionals handling collection cases for government entities
- Business leaders and managers aiming to enhance their collection strategies in alignment with public sector practices
14 Hours
Testimonials (5)
Good communication, open for discussion, kept it interesting and engaging
Ahmet Keyman - Keytrade AG
Course - Management Accounting and Finance for Non-Finance Professionals
Experience of the trainer and his way of conveying the content
Roggli Marc - Bechtle Schweiz AG
Course - FinOps
i like that it was easy to understand - not too technical
Kirthanya Pillay - Woolworths Financial Services
Course - FinOps Certified Practitioner (FOCP) Preparation
he was informative, shared a lot of material to reference
Siphokazi Mnyebeleza
Course - FinOps For Engineers
Personal service and orientated to my needs