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Finance essentials for NSW government 20190613P1

Finance essentials for NSW government 20190613P1
When: Thursday 13 June 2019

Time: 9.00AM - 5.00PM

Where: Cliftons training rooms - Level 13, 60 Margaret St Sydney

Cost (incl. GST): Professional & Associate members $675  Affiliate & Non-members $775





Course Overview

This course is designed for non-financial managers who have responsibility for a budget. It provide the financial knowledge needed to be a financially savvy manager, giving non-finance managers an overview of financial concepts, language and tools to assist in managing budgets successfully. The workshop is for anyone who manages or who has responsibility for a budget but is not a ‘finance whiz’. 

  • Gain a better understanding of basic finance and accounting principles
  • Strengthen your ability in budget and financial management
  • Increase your ability in budget planning including the cost-benefit analyses of various options

Learning Outcomes
  • Understand how funding allocations are developed and how to influence them.
  • Know the rules about expenditure, including regulations and Acts governing the use of different types of funds.
  • Prepare unit budgeting, including salary budget; for example: components of budget, classifications of staff, treatment of leave allocations.
  • Prepare budget planning including the ability to provide cost-benefit analyses of various options, account for employee expenses, plan cash flow over time and focus on a realistic basis for planning.
  • Understand budget development approaches; for example, zero-based or incremental, accounting for leasing costs.
  • Understand internal controls and monthly reporting
  • Prepare budget performance reporting.
  • Manage across several project budgets and identify from financial reports when allocated funds should be reallocated
     

     

NSW Public Sector Framework Capabilities  

This course is targeted at Foundational to Intermediate level. The following behaviours from the framework are covered: 

Business Enablers: Finance

  • Understand that government services budgets are limited and must only be used for intended purposes
  • Appreciate the importance of accuracy and completeness in estimating costs as well as calculating and recording financial data and transactions
  • Be aware of financial delegation principles and processes
  • Understand compliance obligations related to using resources and recording financial transactions   
  • Understand basic financial terminology, policies and processes, including the difference between recurrent and capital spending
  • Take account of financial and budget implications, including value for money in planning decisions
  • Present basic financial information to a target audience in an appropriate format
  • Understand financial audit, reporting and compliance obligations and the actions needed to satisfy them
  • Display an awareness of financial risk and exposure and solutions to address these
     

Course Materials

All course materials (including the workbooks) can be accessed through our digital learning space, Illuminate. Once registered, you will receive your course information, which will provide you with your Illuminate access details.


Enquiries:
 For more information on our in-house courses and programs, please contact the IPAA Learning and Development Team on 02 8066 1900 or email [email protected].


When
13/06/2019 9:00 AM - 5:00 PM
AUS Eastern Standard Time
Where
Cliftons, Level 13, 60 Margaret Street Sydney, NSW 2000 AUSTRALIA
Terms and Conditions
Payments

Payment is required prior to attending the event or course. Please contact an IPAA NSW staff member if an exception is required.

Payments - Online Events

If you have an outstanding invoice for the event, you will not receive a link to the live event. 

Online Events

Only people registered to the event can access the content. Do not share login details with people who have not registered to the event

Cancellation policy - Events
  • Cancellation must be in writing and confirmed by an IPAA NSW staff member
  • Cancellation received more than 10 business days prior to the event – no penalty will be incurred
  • Cancellation received within 6-10 business days of the event – 50% of the fee is payable
  • Cancellation received less than 6 business days prior to the event – 100% of the fee is payable
  • No show – 100% of the fee is payable
  • Registrations received less than 6 business days prior to the event are non-refundable.
Cancellation policy - Scheduled Courses
  • Cancellation must be in writing and confirmed by an IPAA NSW staff member
  • Cancellation received more than 10 business days prior to the start date – no penalty will be incurred
  • Cancellation received within 6-10 business days of the start date – 50% of the fee is payable
  • Cancellation received less than 6 business days prior to the start date – 100% of the fee is payable
  • No show – 100% of the fee is payable
  • Registrations received less than 6 business days prior to the start date are non-refundable.
Cancellation policy - Self-paced Courses
  • Cancellations are not permitted.

Note: If you do not cancel and do not attend and event or course, 100% of the fee must be paid.

Transfer policy - Events
  • All requests for transfers must be in writing
  • Substitute nominees may attend in your place where deemed appropriate; however, if a member wishes to substitute a non-member in their place the full fee will be payable.
Transfer policy - Scheduled Courses
  • All requests for transfers must be in writing
  • Your course registration can be transferred to another course without penalty if requested more than 10 business days prior to the course start date. Otherwise, the above cancellation policy applies. Transfers can only be requested when the course fee has been paid in full.
  • Transferring your registration to another person can be done at any time without penalty if nominee details are provided within a minimum of 2 business days prior to the course start date. Transferring from a member to a non-member will result in a fee increase in line with the non-member course fee.
Transfer policy - Self-paced Courses 
  • Transfers to another course are not allowed for self-paced courses.
We may in our discretion waive cancellation charges in exceptional circumstances, but we will not waive cancellation charges on account of work commitments.

Program Changes

IPAA NSW reserves the right to change programs/speakers/venue, or to cancel programs if the enrolment criteria are not met or when conditions beyond our control prevail. All registrants will be notified in the event of cancellation and their registration fee will be refunded.

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