Course overview
This training workshop provides an understanding of the concepts and strategies relating to the effective management of public sector finances. You will learn:
- that Strategic financial planning assists organisations 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.
What you'll learn
Upon completion of this course, you will understand:
- How public sector organisations 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.
Study method
- Online
- Blended
- In-class
Duration study load
- 3 days
Course features
- Management consultation service
- Paperless service delivery model
- Flexible open course schedule
Who's it for?
This course 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.
Subjects
- Linking organisational strategy to financial strategy
- Interaction between short-term and long-term strategy
- Stakeholder analysis
- Corporate governance
- Effective financial management
- Regulatory framework for financial accounting
- Assessing financial performance
- The role of treasury management challenges in
- Improving financial management
- Pressures on public finances
- Cost reduction
- Allocating resources
About London Business Training & Consulting
London Business Training & Consulting (LBTC) is a business and management training and consultancy service provider operating out of its head office in Hammersmith, West London. For over fifteen (15) years LBTC has catered for the learning & development needs of innumerable individuals and organisations of all sizes from all over the world.
Our customised approach to every management solution we deliver has afforded our clientele world-class business performance. As a result, LBTC benefits from regular re-engagement by our clients year after year, or every time they encounter a business challenge that is seemingly insurmountable.