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England & Wales Finance, Personal and organisational development

Online Training: An Introduction to Local Government Finance (ENGLAND ONLY)

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Description

This introductory covers local government finance in England only.

Every elected councillor is responsible for ensuring that their council has effective financial governance, yet local government finance is viewed by many as difficult to get to grips with. These online training sessions are designed to provide elected councillors with a thorough grounding in the key elements of local government finance and funding.  Officers new to or who need to understand local government finance will also benefit from attending.

 

This introductory session explains the basics. No previous experience is required.  All jargon explained.

By the end of the session, participants will:

  • Understand the importance of good financial governance and the key role and responsibilities played by elected councillors.
  • Understand the overall national legal and policy framework affecting council finance and budgets.
  • Understand key concepts and terminology, such as capital and revenue, general fund and the Housing Revenue Account (HRA), reserves and balances.
  • Understand how local councils receive their funding.

 

Who should attend?

These online sessions are aimed at both new and experienced local authority members, who want to understand the basics of local government finance and financial management – and develop a grasp of the financial implications of recent changes. The series will also be relevant to local authority officers who would like to understand local government finance as part of their role or who are involved in the budget process, as well as local government partners.

Speakers:

Ian Fifield, Ian is a CIPFA qualified accountant with over 20 years of experience in designing and delivering financial management training for local authorities and other public service organisations. Ian’s training experience includes: designing training seminars for finance professionals, service managers and elected members. He has co-authored the Centre for Public Scrutiny publications On the Money, considering effective financial and budget scrutiny methods and also Treasure Your Assets, considering local government investment and borrowing activities.

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