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Essential finance for managers in local government
In today's environment local government finances aren't just the responsibility of accountants. Every manager needs to be able to use financial information to make well-informed decisions, explain the financial implications of their proposals and produce spot-on budgets and forecasts. It's becoming increasingly important to look for efficiencies and value for money at all levels of management.
Essential Finance for Managers in Local Government has been designed to meet these needs. This is a highly practical programme in which you'll gain management and financial tools that you can apply as soon as you return at work. You'll be able to understand local government financial management frameworks, the intricacies of funding sources, the importance of LTCCP's, financial terminology and how to manage costs for your area.
What our participants say:
'I liked the relevance to the Greater Wellington situation. I learnt items that can be directly applied to my work situation. A number of specific issues were clarified that have benefits to work efficiencies' - Wayne O Donnell, Manager Biosecurity, Greater Wellington Regional Council.
Objectives:
After completing this course you will be able to:
- Understand key financial principles and be able to apply them in the local authority environment in accordance with the requirements of the Local Government Act
- Understand the workings of your financial systems and how to record revenues and expenses
- Understand the importance of long term planning (including LTCCP's and asset management plans), annual budgeting and monthly reporting
- Interpret cost centre reports and be able to manage cost centres effectively
- Understand different types of cost and how to manage them
- Put together credible budgets and forecasts
- Understand funding sources and the implications for reallocating budgets
- Understand the difference between operating statements and funding statements
Our training is:
- Competency based: we enable participants to apply what they have learned when they return to work
- Professionally designed to cater for all learning styles, with a mix of activities
- Based on accelerated learning techniques to engage participants
- Fully evaluated for continuous improvement
- Customised for an organisation's specific needs and issues and financial systems and processes
Participant feedback from 'Essential finance for managers in local government'
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