What you need to know about Finance in the Public Sector

Description

This course aims to enhance understanding and capabilities in managing public funds effectively, ensuring compliance with regulatory frameworks and fiscal policies. The program covers key aspects of public sector financial management, including budgeting, reporting, and financial accountability. Participants will gain the tools and knowledge necessary to contribute to the fiscal integrity and transparency of their organizations.

Learning Objectives:

By the end of this webinar, participants will be able to:

• Understand the legal and regulatory framework governing public sector finances in Canada.
• Apply principles of public sector budgeting, including planning, allocation, and execution.
• Understand the contracting process and the various contracting mechanisms
• Implement effective financial controls and monitoring systems.
• Enhance financial reporting and transparency to meet compliance and public expectations.

Core Skills:

• Understanding Public Sector Financial Frameworks: Gaining in-depth knowledge of the legal and regulatory frameworks governing public sector finances in Canada.
• Budgeting Proficiency: Developing skills in public sector budgeting, including planning, resource allocation, and execution of financial plans
• Financial Reporting and Transparency: Enhancing skills in preparing accurate and transparent financial reports that meet regulatory compliance and public expectations
• Financial Control and Monitoring: Learning to implement effective financial controls and monitoring systems to ensure fiscal responsibility and compliance.
• Strategic Financial Management: Building a strategic approach to managing public funds that supports organizational goals and promotes fiscal transparency.

Duration:

• 3 hours, including brief breaks to maintain engagement and facilitate learning absorption.

Certificate in Frontline Leadership

This course is part of the Certificate in Frontline Leadership offered by the institute. Through a blend of core and elective courses, participants will gain valuable insights and tools to excel in their roles and drive their teams towards success.

Facilitators

Darlene Boileau retired in 2018 as Assistant Deputy Minister and Chief Financial Officer, Infrastructure Canada, after a public service career spanning 30 years.
A fluently bilingual senior executive who has had varied federal experiences.  

In her last position at Infrastructure Canada she oversaw the introduction and implementation of large infrastructure program priorities for the government and was instrumental in the creation of a stand-alone infrastructure department with its own Minister.  She also oversaw the wind down of the PPP organization and developed the TB submission for the transition plan to Infrastructure Canada.  In her previous organizations she led legislative and regulatory amendments and chaired international foras.  

At the Treasury Board Secretariat, she had the privilege to work with social portfolio departments on high quality value for money programs that were successfully presented to the President and Treasury Board Ministers.
Darlene has had the good fortune to have worked in the corporate, policy and operational domains in large and small departments such as Health Canada, Environment, Immigration, Public Safety and FINTRAC.  
She holds a Masters in Science, a Bachelor of Social Sciences and Law and a CPA certificate.

With her husband who is also entering retirement, she enjoys travelling, yoga, discovering new places, gardening and walking her two fur babies.