Public Sector Finance Essentials Workshop (Online)

Key details

Mode of delivery: Online Course

Course code: PS104AXO

Duration: 3 days

Fee: £1,804.00 + VAT

CPD Hours: 18

Course Overview

This training workshop will provide the knowledge and tools to understand the financial management of resources in the public sector. You will learn:

  • The fundamentals of managing funds in the public interest.
  • That budgetary control provides a formal basis for achieving specific plans.
  • Project financial management is the methodology of managing resources effectively to achieve a project’s objectives.

Agenda

Managing Public Money

  • Key requirements and concepts
  • Fiscal and spending framework
  • The virtuous financial management cycle
  • Annual report

Public Sector Finance – Budgetary Control

  • Objectives of budgeting
  • Types of budgets
  • Cost definitions and behaviour
  • Budgetary control

Financial Management of Public Projects

  • Building a case for a project
  • Investment appraisal techniques
  • Financing a project
  • Phases of managing a project

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 the basics of public financial management.
  • Analyse the strengths and weaknesses of budget methodologies.

Categories

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