"The course was very insightful and interesting. I have an understanding of how my part influences the bigger picture and whether I’m doing my job effectively"
"What I liked most was: practical examples and how it related to our specific business/ work. Not too theoretical & understanding Govt budget cycle and review"
"One of the best courses I have ever done. Right length, great examples & interesting anecdotes from Kevin! Thanks"
Relate your agency's day to day financial policies and processes to the wider requirements of the Public Fianance Act
This is a learn-by-doing workshop where you can relate the workings of accounting and finance to the public sector agency you work in. You get the opportunity to relate your agency’s day to day financial policies and processes to the wider requirements of the Public Finance Act. The workshop uses examples and exercises that apply the learning to your role.
For
People who need to understand the financial workings of their agency.
Workshop Objectives
Upon completion of this workshop participants will be able to:
Understand the day to day financial processes of your agency including financial delegations, accruals and purchasing processes
Apply key finance principles to your agency
Understand your agency's financial terminology
Understand your agency’s planning and reporting obligations to the Crown and how these link into baseline updates and the government budget cycle
Understand the limitations of appropriations
Know what is expected from you from a financial perspective
Know where to find the financial information you need
Topics
Internal and external financial management frameworks
Timelines for financial planning, budgeting and financial reporting
Authority for budget variations
The differences between Capital expenditure and Operational expenditure
Golden financial rules for budget holding managers in the public sector
The role of finance within your agency
Links to your agency's annual report and SOI
Demystifying Financial Management Workshop Enrolment Form
