Finance for non-financial managers

This course maps to capability: 3
COST Prices include GST and are subject to change
Please contact IPAA New South Wales for more information.

Overview

This program is designed for non-financial managers who have responsibility or accountability for a budget. It provides the financial knowledge needed to be a financially savvy manager.

Customised Agency Program

Customised agency programs are training programs uniquely designed in content and format to address the particular needs of your organisation. Customised agency programs are delivered at your workplace, thus saving your organisation money and enhancing team building.

All IPAA NSW courses are available as customised agency programs. Case studies and organisational policies and procedures from your organisation can be incorporated into these programs.

IPAA NSW matches the most appropriate consultant to the needs of your organisation, and offers flexibility in content, length and timetable, all at a convenient location. This flexible and cost-effective option benefits all agencies, particularly those with offices in regional NSW.

For further information or to receive a written proposal, contact IPAA NSW:

Tel: 02 9228 5225

Fax: 02 9241 1920

info@nsw.ipaa.org.au

Course Content

This program gives 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 has responsibility for a budget but is not a ‘finance whiz’.

Course Outcomes

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

  • 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 telephone/leasing costs
  • prepare budget performance reporting
  • understand internal controls and monthly reporting
  • manage across several project budgets, and identify from financial reports when allocated funds should be re-allocated.

Benefits to your organisation

  • more effectively managed budgets across the agency
  • staff who are knowledgeable in the regulations and Acts governing public finance

Benefits to you

  • understanding of basic finance and accounting principles
  • greater ability in budget and financial management