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  is a former ADM in the federal Public Service. She is a recognized collaborative leader, proven strategic thinker and decision maker. She has over 30 years of experience and has worked in social, economic and security line departments and portfolios as well as holds central agency experience (Treasury Board) and has chaired international forums under the OECD. Darlene is well versed in dealing with all organizational levels on matters related to financial, policy and legislative frameworks. During her career she has had the opportunity to collaborate with senior government executives, CEOs and regularly briefed Ministers, Senators and other Parliamentarians.

Darlene’s non-government organization experience includes management consulting, facilitating, mentoring and financial assistance to nonprofits working with government grants and contribution programs. She currently sits as a Board member for Veteran’s House Canada, and is active on a number of its committees (Finance, Governance and Local advisory).