Understanding Financial Reports and Budgets

Training
Understanding Financial Reports and Budgets

Overview

The Understanding Financial Reports and Budgets course course is designed to provide council members with the understanding of a council’s responsibility in respect to the financial governance of the local government.

The course should outline the linkage between Strategic Planning, Asset Management Planning and Long Term Financial Planning so participants gain an understanding of the benefits of undertaking financial forecasting and the impacts key decision making may have on the organisation’s financial health.  The unit should educate participants on the how to review and interpret financial reports and budgets.

Target Audience

Suitable for Elected Members who would like to increase their knowledge and understanding of their role within Local Government.

Learning Outcomes

On completion of this program, participants should be able to understand:

  • Basic accounting principles and concepts
  • The roles and responsibilities of council, councillors, the CEO and audit committee
  • Financial management and the strategic linkages
  • The imposition of rates
  • Annual budgets
  • Financial management reporting

Duration

9:00am - 4:30pm (8:45am registration)

Fees

$525.00 (GST exempt)

Additional fees apply for assessment. See the  Student Handbook for more information.

Cancellations, transfers and substitutions
  • Requested must be received in writing via email, letter or fax.
  • Cancellations received within 5 working days of the start of the course will incur a 20% administration fee of the full course cost.
  • Non-attendance or cancellations received within 2 working days of the start of the course will incur the full course fee.
  • Participants can only transfer course dates once without incurring the full fee.
  • Substitutions can be made at any time and no fee will be incurred.

Relationship to Competency Standard

LGAGENE503 - Perform the role of an elected member

Legend

Nationally Accredited Training Part of the Diploma of Local Government (Elected Member) eLearning Course Elected Member Training
Understanding Financial Reports and Budgets
  • Wednesday, 6 November 2019
  • Registration from 8:45AM
  • ONE70, LV1, 170 Railway Parade, West Leederville, WA 6007
  • $525.00 (GST Exempt)
Register Now
Understanding Financial Reports and Budgets
  • Monday, 9 December 2019
  • Registration from 8:45AM
  • ONE70, LV1, 170 Railway Parade, West Leederville, WA 6007
  • $525.00 (GST Exempt)
Register Now
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