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The Big Picture of Public Finance

PART OF THE FINANCIAL MACHINERY OF
GOVERNMENT SERIES

$795

A one day workshop presented
by
Kevin Lee

Competencies addressed:

Functional/Technical Skills,
Technical Learning, Managing
through Systems


Recent participants say:

"The workshop clearly demonstrated the reasons why the public sector does things the way it does" 

"Pitched perfectly. Excellent content - well structured! Allows participants to understand the whole process with good knowledge of the various parts" 

"Good "big picture" info. Draws together a lot of partially understood material. Specifics about budgets very useful"
How financial decisions are made, by whom and who has the authority to make them

This workshop provides a comprehensive understanding of public finances. You’ll understand how financial decisions are made and who has authority to make them. Key to this understanding is the role of Parliament, Cabinet, committees and phases of the government budget cycle. You’ll appreciate the vital role of accountability documents and the role of monitoring and advisory agencies. This workshop makes use of numerous real life examples and practical exercises.


For
Anyone who requires an understanding of government finances.

Workshop Objectives
Upon completion of this workshop participants will be able to:

An understanding of the government budget cycle 

An awareness of the governance and financial structures across state sector agencies 
An understanding of key government priorities
The role and scope of appropriations, estimates and imprest supply
An understanding of the parliamentary process, seven stages of passing a bill, the role of cabinet committees and parliamentary select committees
An awareness of monitoring and advisory agencies to government
An understanding of linkages to your agency’s internal financial systems and processes
Topics
The role of public sector financial management
Key government priorities and the role of the Fiscal Strategy Report and the Budget Policy Statement
The role and purpose of inputs, outputs and outcomes
The role of parliament – appropriations, estimates and imprest supply
Government reporting including monthly financial reports, annual financial reports and SOI’s
The Public Finance Act 1989 and core public sector legislation
The role and appointment of departmental chief executives and Crown Entity boards


The Big Picture of Public Finance
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