Management, Governance & Fiscal Sustainability for the Public Sector
This course is to help people with understanding how the public sector operates. The course will look at different aspects of the public sector including taxation, program spending, audit, economic development and performance measurements.
This course will assist budget holders to monitor and control their budgets. It will focus on the importance of delivering objectives with the funds allocated, and achieving value for money. This is particularly important in organisations that face financial constraints where savings need to be made year on year, or where demand for services often outstrips the resources available. This is a comprehensive course delivered by experts, and will provide an excellent opportunity to develop and improve skills and knowledge in this area.
Management issues, governance and fiscal sustainability is a subject constantly grabbing attention. Good management and governance is about the quality of the processes that top teams go through to establish their own standards. Fiscal transparency too, especially in the public sector, is crucial. Increasingly this will be recognised by stakeholders, but this will also make greater demands on the participants ability to monitor processes and results. Clarity based on good management, governance and fiscal sustainability will be rewarded. Obfuscation, woolly knowledge and poor communication will carry a cost.
Stakeholders will reward clarity of good management, governance and fiscal sustainability. Lack of knowledge and poor communication will carry a cost. Those in the public sector must take direct and proactive responsibility for the development and communication of their standards of corporate governance. The Management, Governance & Fiscal Sustainability for the Public Sector training course explains those on the public sector how to take direct and proactive responsibility for the development and communication of their standards of corporate governances
Course Objectives:
- Recognize the techniques that can be used to monitor a budget, such as variance analysis
- Determine how to control a budget, regardless of the constraints
Identify key terms around budgeting in a non-profit environment, such as commitment accounting, projecting outturns, etc. - Manage budgets of all kinds, large or small – including revenue and capital budgets
- Understand the importance of financial management reports; their content, purpose and usefulness