Budgeting in the NSW Government context

This course maps to capability: 3
COST Prices include GST and are subject to change
Member
$616.00
Group Booking
$627.00
Non-Member
$649.00

Pre-Course Requirements

  • Participants are required to bring highlighters and a calculator to the workshop.

Overview

This workshop focuses on the big picture of NSW Government finance and on what is needed to develop budgets that work. It is aimed at operational managers responsible for setting and managing the budget of a business unit or cost centre within an agency or state-owned corporation, and at finance and administration staff who prepare budget information and support management in planning and decision making.

Course Content

This workshop explores how the big-picture budget process operates, how this process impacts on agencies and their budget development process and the challenges involved in monitoring and managing a budget through its lifecycle.

Course Outcomes

By the end of this course attendees should be able to:

  • describe the key elements of the NSW Government planning and budgeting framework
  • explain how funding mechanisms operate in the NSW Government environment
  • understand and explain the role of Results and Services Plans in the NSW budget process
  • plan a business unit budget
  • monitor and manage a business unit budget
  • investigate budget variances
  • interpret budget reports
  • explain budget terms.

Benefits to your organisation

  • improved knowledge of the role of planning and performance information in the NSW Government financial framework
  • greater efficiency and effectiveness in agency operations

Benefits to you

  • introduction to key elements of the NSW Government financial management framework and the performance budgeting reform agenda
  • public sector budgeting skills