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Financial Budget-Holder Training: Module 1 Budget Cycle Overview, Roles & Responsibilities (Cancelled)

Reason for cancellation
Venue
Badminton Road G12, Badminton Road
venue
Event Tutors
Learning and Development
tutors
Admin Contact
Target Audience
Manager
target audience
Event Types
Course (daytime)
Course categories
Leadership and Management
Leadership and Management subcategories
Managing Services
Event description

This is a mandatory training session for all Council Budget Holders.

Following a recent CIPFA review, a recommendation was made that all budget holders attend Finance training to recap the Council financial budget processes. Training has been split into 3 2-hour modules:

Module 1 - Process Overviews, Roles & Responsibilities
Module 2 - System and Template Training
Module 3 - Departmental specific training including Capital Processes

Module 1 will cover the following:

Introduction to Council Finances
Local Government Funding
Budget Cycle process, including Budget Setting, Budget Monitoring and Year End
Roles & Responsibilities of Budget Holders and Finance Teams including Budget Cycle, spend approval and purchase cards and contract standing orders

Learning outcomes

Participants will be able to:
1. Explain the Council's Finance Reporting Structure.
2. Recall the Budget Cycle Process including, Budget Setting, Budget Monitoring and Year End and why it is important
3. Describe their role and responsibilities with regards to the Budget Cycle and Budget Monitoring.
4. Explain the importance of accurate budget monitoring, analysis and narratives and forecasting.
5. State how the Finance Team will help support budget management.

Start Date
Tuesday 21 January 2020
End Date
Tuesday 21 January 2020
Closing Date
Monday 20 January 2020
Times
09:00 - 09:30
Maximum Places
18 
Cost
£0.00 
Number of Sessions
1
Certificate expiry
No
Pass/Fail event
No