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.
Course dates
22nd April - 24th April
11th August - 13th August
10th November - 12th November