CME - Module 5: Understanding Financial Reports and Budgets

Council Member Essentials
Virtual, In person
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Monday, 6 May, 2024
9:00am - 4:30pm
Virtual classroom via Zoom

$495.00 (plus GST)

 


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Overview

Elected Members encounter ongoing pressure to be fully across their Council’s financial decisions and responsibilities.

Often Elected Members will be urged to reduce rates, while keeping services to a high level and at the same time keep spending down!

This course provides a practical understanding on how to review and interpret financial reports and budgets, as well as monitor revenue and expenditure. You will gain an understanding and discuss the benefits of financial forecasting; and realise the impact that key decision making has on the organisation’s financial health.

Course material will outline the linkage between Strategic Planning, Asset Management Planning and Long Term Financial Planning.

Click here to learn more about the eLearning version of this course.

Target Audience

A necessary course for newly Elected Members.

Recommended for returning Elected Members to refresh and update their knowledge and understanding of financial reports and budgets within Local Government.

Learning Outcomes

  • Understand basic accounting principles and concepts;
  • Analyse the roles and responsibilities of Council, Elected Members, the CEO and Audit Committee;
  • Apply strategic financial management; and
  • Understand the imposition of rates, annual budgets and financial management reporting.

Course Transfer and Cancellation Policy

All transfer or cancellation requests must be made via our request form.

Please refer to the WALGA Terms and Conditions of Enrolment for further conditions including COVID-19, On-Site training and course cancellations. 

Upcoming Course Dates

Dates Delivery Method Duration Fees Register
Monday, 6 May 2024 Virtual 9:00AM - 4:30PM

$495.00 (plus GST) 

Register here
Wednesday, 17 Jul 2024 In person 9:00AM - 4:30PM

$495.00 (plus GST) 

Register here
Monday, 7 Oct 2024 In person 9:00AM - 4:30PM

$495.00 (plus GST) 

Register here
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