Understanding Financial Reports and Budgets

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.

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, Councillors, the CEO and Audit Committee;
Apply strategic financial management; and
Understand the imposition of rates, annual budgets and financial management reporting.

Duration

9:00am - 4:30pm

Fees

$495.00 (plus GST)
$350.00 (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, On-Site training and course cancellations.

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