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Demystifying the Finances of your Agency
Part of the Financial Machinery of Government series

About the Workshop

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


Recent participants say
  • "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"
Enquiries

For more information
please call:
Freephone:
0800 800 SBG
(0800 800 724)

And ask about:

SBG Workshops.

Contact us.