Increasing Financial Resilience
Public sector organisations, wherever they are, must tackle many complex and interconnected challenges. In recent years, we have seen the impact of funding reductions, rising and shifting patterns of demand for services and external shocks such as the COVID-19 pandemic.
But whatever difficulties present themselves, public bodies need to keep delivering. Even in the most difficult circumstance, finance professionals need to focus on continuity, ensuring they go on providing vital services to their citizens and communities.
Forward-looking, strategic financial planning can help organisations lock in resilience for the long term. A clear line of sight on risk and mature understanding of likelihood and impact allows leaders and managers to focus in on what matters most and support good decision-making.
How CIPFA can help
CIPFA is a membership and educational body that equips our members and students, as well as other public finance professionals, with the tools to deliver best-in-class public financial management throughout their career. Our educational programmes make sure people have the right skills to manage and adapt to ever-changing financial risk scenarios and embed robust financial management across their organisations. Our professional and technical guidance and data analytics tools allow organisations to better understand their current position and work through to an optimal position. Our advisory teams can also work with you to transform and future-proof your finance functions and service delivery, helping to make your plans robust, sustainable and achievable.