Public Sector Finance Excellence Workshop

Key details

Mode of delivery: Classroom-based

Course code: PS104BX

Duration: 3 days

Fee: £2,265.00 + VAT

CPD Hours: 18

Course Overview

This training workshop provides an understanding of the concepts and strategy relating to the effective management of public sector finances. You will learn:

  • That Strategic financial planning assists organizations to achieve value for money.
  • That Financial management is the process of using funds effectively, efficiently and transparently by a combination of procedures, methods, rules of conduct and standards.
  • The key challenges in the financial management of the public sector.

Agenda

Public Sector Finance Strategy

  • Linking organizational strategy to financial strategy
  • Interaction between short-term and long-term strategy
  • Stakeholder analysis
  • Corporate governance

Public Sector Financial Management

  • Effective financial management
  • Regulatory framework for financial accounting
  • Assessing financial performance
  • The role of treasury management

Challenges in Public Sector Financial Management

  • Improving financial management
  • Pressures on public finances
  • Cost reduction
  • Allocating resources

Target Audience

This training workshop is suitable for:

  • New entrants to the public sector.
  • Staff with some practical experience but with no financial qualifications.
  • Non-financial staff in the public sector who need to understand the basics of financial management.

Learning Outcomes

Upon completion of this training workshop, you will understand:

  • How public sector organizations are accountable to their stakeholders.
  • Why it is more important to show how well public money has been spent rather than just how it is spent.

Categories

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