Understanding Financial Reports and Budgets (eLearning)


This course provides Elected Members with the understanding of a Council’s responsibility in respect to the financial governance of the Local Government.

The course outlines 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 educates participants on how to review and interpret financial reports and budgets.

Target Audience

Targeted at both newly elected and returning Elected Members.
Increase your knowledge of financial reports and budgets and gain a greater appreciation of this important aspect of your governance role.

Learning Outcomes

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

  • 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; and
  • financial management reporting.


Self-paced (approx. 3 hours online).


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

Course Fees

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