Financial Management
Financial Management Practices
Dates: On demand
Location: London
Price: £6,100.00
Duration: 4 weeks
Course ref: CCUK_CDP48
Overview
Drawing on experience in the UK and in delegates' own countries, this programme encourages the development of coherent strategies for ensuring top-class financial management focusing on the key concepts of financial control and value for money. To this end, it embodies the range of methods and practical techniques required for successful implementation of financial policies, as adapted to the varying circumstances and needs of public and private sector bodies tasked with the effective and efficient delivery of services by making optimum use of their financial resources.
Learning objectives
You will be able to:
· Improve decision-making with regard to the financial issues, taking account of the priorities of different stakeholders
· Think more broadly and creatively about the role and contribution of finance to achieving organisational goals
· Strengthen organisational effectiveness through the financial dimension of performance measurement and management, including contract and project management
· Evaluate the potential for modern accounting techniques in your area of responsibility
· Improve the design and delivery of development and reform initiatives, particularly those funded by external donors
· Manage externally funded development programmes more efficiently.
Course content
What you will learn
Module 1: Enhancing Financial Performance
· The significance of a strategic approach to financial management, and the elements of strategy required to achieve sustained value for money
· Best practice financial techniques for turning strategy into management action to help secure organisational objectives
· The importance of a credible system of expenditure planning at national, local and organisational level
· Conditions for the successful involvement of the private sector in the delivery of public services
Module 2: Obtaining and Maximising Resources
· Practical approaches to obtaining resources needed for development initiatives and how to use them effectively to ensure sustainability
· The impact of international development assistance and debt management and control
· Quality and risk issues and their relation to financial outcomes
Enhancing Financial Performance
Dates: On demand
Location: London
Price: £3,500.00
Duration: 2 weeks
Course ref: CCUK_CDP49
Overview
Focusing on the experience of the public sector in the UK and in developing countries, this two week programme aims to equip participants with the knowledge and skills required to improve the overall financial management, controls and monitoring of your organisation You will study proven strategies and techniques and have site visits to relevant private sector organisations.
Learning objectives
You will be able to:
· Develop strategies to secure sound financial management and control in your organisation
· Introduce and maintain best practice methods for measuring and managing financial performance
· Create and implement an action plan for significant improvement in your area of responsibility
· Help the modernisation of your organisation through the better use of finance
· Think more broadly and creatively about the contribution of finance to achieving organisational goals
· Promote higher-quality service at minimum costs.
Course content · Elements of strategy to secure sound public financial management
· Organisation, processes, systems, people
· Expenditure planning and control
· Principles and practice of resource allocation and budget management
· The effectiveness of international development assistance
· Developing accruals-based accounting to replace cash accounting
· Debt management - current approaches to controlling debt
· Action planning to implement financial reforms
· The significance of standards in public life : concepts of propriety, regularity and accountability
· Running small projects