Understanding Financial Reports and Budgets (eLearning)


Understanding Financial Reports and Budgets uses existing legislation as its basis to explore the way in which Local Governments are required to plan for the future, develop an annual budget and monitor, review and interpret financial reports.

The course outlines the linkage between integrated strategic 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 bottom line.

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 and the CEO;
  • financial management and the strategic linkages;
  • annual budgets; and
  • financial management and reporting.


Self-paced (approx. 3 hours online).


Enrol anytime (3 months to complete upon date of enrolment).

Course Fees

$195.00 (GST exempt)
Unlimited participants via an eLearning Subscription. Contact us for a quote.

Relationship to Competency Standard

LGAGENE503 - Perform the role of an elected member