Everyone has a role to play in ensuring resources are used as efficiently and effectively as possible. This e-learning course explains some key elements of council finances and a number of techniques used in managing finances.
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If you’re keen to learn more about public sector finance, have a look at our Diploma in Finance Skills for Public Sector Managers.
Who is it for?
The course is ideal if you are:
- new to local government
- new to a local government finance role
- looking to brush up on your knowledge.
How is it taught?
The e-learning course is accessed via CIPFA’s virtual learning environment, giving you the opportunity to study whenever and wherever is most convenient.
The content is presented in a highly visual and engaging way. You can move through the modules sequentially or jump straight to the areas you’re most interested in.
It features easy to follow examples and ‘knowledge checks’ throughout, plus there is a glossary of terms that can be accessed at any point, to support your learning.
How long does it take?
The course takes around an hour to complete.
What does it cover?
The course consists of four modules, which cover a number of topics:
Module 1: Introduction to Finance
- Council spending
Module 2: Financial Skills
- Sensible spending
- Financial controls
- Financial problem scenario
Module 3: Accounting basics
- Assets and liabilities
- Accruals based accounting
- Accruals and prepayments
- Debtors and creditors
- Capital and revenue
- Reporting statement of accounts
Module 4: Budgeting
- Why budget?
- Budgeting objective
- Preparing a budget
- Budgetary control cycles
- Budgeting scenario
The e-learning course costs £49 +VAT per person.
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