The Business Development module equips learners with the strategic skills and analytical tools necessary to evaluate and enhance business performance. Composed of two key components—Business Diagnosis and Business Restructuring—this module provides a comprehensive framework for addressing challenges and optimizing business operations in dynamic markets.
Business Diagnosis
This component focuses on evaluating a business's current state through systematic analysis. Participants will learn to identify strengths, weaknesses, opportunities, and threats (SWOT), assess financial health, and uncover operational inefficiencies. Techniques such as market analysis, performance benchmarking, and risk assessment are covered, enabling learners to make informed decisions for growth. The goal is to build a robust foundation for understanding a business’s positioning and potential.
Business Restructuring
In this section, learners delve into the process of transforming businesses to achieve sustainable growth and competitiveness. Topics include organizational redesign, process optimization, debt restructuring, and strategic pivots. Participants will explore case studies of successful business turnarounds and gain hands-on experience in crafting actionable restructuring plans. Emphasis is placed on balancing financial goals with stakeholder interests while ensuring operational continuity during transitions.
To develop knowledge and understanding of the automating accounting information to support the management in their decision making processes of reporting financial information virtually. The focus of this course is on computerized accounting and on continuous developments and advancements in the use of information technology to aid recording, processing business transactions and prepare of financial statements in order to assist in business decision making. This module aims to equip students with the knowledge and skills necessary to effectively use accounting software in a business context. As businesses increasingly adopt technology for financial management, proficiency in computerized accounting is a crucial skill. The module covers key concepts related to computerized accounting, hands-on experience with popular accounting software, and the ability to analyze and interpret financial data in a digital environment.
Advanced Financial Management is designed to deepen the understanding of financial principles and strategies in a corporate context. The course focuses on advanced concepts and analytical techniques used in financial decision-making and management.
The simplest definition of 'Public Sector' is "all organizations which are not privately owned and operated, but which are established, run and financed by Government on behalf of the public." This definition conveys the idea that the public sector consists of organizations where control lies in the hand of the public, as opposed to private owners, and whose objectives involve the provision of services, where profit making is not a primary objective.
Accounting generally is a scientific study in which records of expenditure and income of a company, individuals or Government are kept coupled with other useful information for planning, decision making and control. Government accounting, on the other hand, is composite activities of analyzing, recording, summarizing.
Aim
The aim of this course is to explain broadly public sector accounting
approaches and developments.
Course objectives
At the end of this Module/Course unity a student will be able:
- Identify the various government revenue and expenditure, government control of accounts and advances.
- Understand the problems faced by government in making spending decisions
- Introduce Public Finance, Public Debts and their management in Rwanda.
- Understand objectives of International Public sector Accounting Standards
- Understand the preparation of government accounts
- Understand the importance of budget–pivot of financial administration
- Understand factors which militate against budgeting system in public sector.
- Analyze various investments in public sector using different investment evaluation techniques
Working through this course
This course, Public Sector Accounting expects you to do a lot of reading and practicing, in order to cover the materials in the course material. This means that you should devote much time to this course by reading through this material and getting more information from numerous texts and journals. These abound in every library and from the internet. The course material has been made easy to read and user-friendly. You will need to work in groups with other students in order to discuss, compare notes and thoughts as well as to exchange and share ideas.