Understanding Financial Reports and Budgets

Overview

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

More often than not Elected Members will be urged to reduce rates, while keeping services to a high level and at the same time keep the spending down!

This course aims to provide practical understanding on how to review and interpret financial reports and budgets, as well as monitor revenue and expenditure.

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

You will be able to understand and discuss the benefits of undertaking financial forecasting and see how the impacts of key decision making may have on the organisation’s financial health.

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

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; and
Annual budgets and financial management reporting.

Duration

9:00am - 4:30pm

Fees

$495.00 (plus GST)
$300.00 (plus GST) - eLearning (see course information here)

Course Transfer and Cancellation Policy
All transfer or cancellation requests must be made by emailing training@walga.asn.au

Training at WALGA - If you wish to change or cancel your confirmed course the following applies:

More than 10 business days prior to course commencement - no charge for either a cancellation or change request.
Cancellation request between 10-6 business days - 50% refund on pre-payment.
Less than 5 business days, no refund for cancellation and no transfer to another date allowed.
Non-Attendance - there is no refund or transfer for non-attendance.

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

Understanding Financial Reports and Budgets

Wednesday, 30 August 2023
Registration from 08:45 AM
ONE70, LV1, 170 Railway Parade, West Leederville, WA 6007
$495.00 plus GST

Understanding Financial Reports and Budgets

Friday, 8 December 2023
Registration from 08:45 AM
ONE70, LV1, 170 Railway Parade, West Leederville, WA 6007
$495.00 plus GST

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Understanding Financial Reports and Budgets

Overview

Target Audience

Learning Outcomes

Duration

Fees