Understanding Financial Reports and Budgets

Understanding Financial Reports and Budgets


Understanding Financial Reports and Budgets 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 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.  This course will 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; and
  • financial management reporting.


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


Face-to-face: $475.00 (Incl GST)
Virtual Classroom: $450.00 (Incl GST)

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.
Understanding Financial Reports and Budgets (in-person)
  • Friday, 14 May 2021
  • Registration from 8:45AM
  • WALGA Office
    L1/170 Railway Parade
    West Leederville
  • $475.00 (Incl GST)
Register Now
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