Content

  • Where budgeting fits as part of financial management.
  • Understand fundamental Government budgeting frameworks and processes along with key financial terms and jargon (e.g. accrual vs cash budgets).
  • An introduction to contemporary budgeting concepts and practice.
  • Dynamics of the relationship between operational performance and financial performance.
  • Adapting and modifying your budget to organisational circumstances and targets.
  • Difference between an accrual budget and a cash budget.
  • Monitoring and managing the budget.

Outcomes

  • Gain a clear understanding of the fundamental budgeting concepts and processes.
  • Learn to apply contemporary budgeting principles to monitor and report on budgets and understand government budgeting processes.
  • Understand how to manage your budget consistently with the whole of government processes.
  • Affirm your existing knowledge and find confidence in engaging with finance personnel or financial documents.

Who Should Attend

This course is suited to managers and executives with budget and cost centre responsibilities, or members of agencies or business unit finance teams needing improved budgeting knowledge and skills.

Benefits to You and Your Organisation

  • Helps you understand how the whole of government budget processes works.
  • Provides practical tips for developing and controlling budgets.
  • Understand and clarify financial terms and jargon.
  • Better quality budget bids and involvement in the budget process.
  • Share your journey with others in similar stages of their career.

Learn about our speakers

Mark Priadko

Principal
ABFA

Mark Priadko helps his business clients think clearly through complex situations and opportunities.

Mark has worked for over 15 years as a freelance contractor and consultant based in Adelaide, South Australia.

Clients include organisations from all levels of government (state, federal and local), Universities, and other for-profit and not-for-profit organisations. His love of learning, his experience and understanding of finances and strategy, and his curiosity lead him to insights into how organisations and their various functions and projects can be progressed or improved.

Mark Priadko works with his clients to more clearly understand their organisations helping them make quality decisions often in complex situations. Mark is engaged by his clients in a range of ways including:
• Independent thinking - to perform detailed organisational and financial analysis and deliver reports containing findings and recommendations and to produce business cases, proposals or business plans designed to improve the organisation
• Training and Development - to develop and deliver training in courses on topics like Financial Management, Strategic Thinking, Constructing Business Cases, Critical Thinking and Problem Solving and Analysing and Presenting Data.
• Facilitated thinking - To facilitate the thinking and planning necessary to help an organisation develop strategic and business plans, business cases/proposals and approaches to reporting.

Mark has developed and delivered a range of training courses for publicly offered programs and tailored courses specific to client requirements. Tailoring of training takes into account specific organisational requirements, processes and reporting formats as well as the development of case studies relevant to the organisation.

Courses and training materials have been developed for:
• Financial Management (including managing budgets and financial plans)
• Strategic Thinking
• Preparing reports and business cases
• Analysing and presenting data
• Critical thinking and problem solving
• An Introduction to Project Management
• Innovation and Creativity.

Clients include public sector Departments (State and Federal), Local Councils, Universities, Large Infrastructure Companies and not-for-profit organisations.

The first half of his professional career led him to Executive roles in South Australian Treasury and Finance. He has a deep knowledge of government decision-making processes and public sector financial management. The second half of his career has seen Mark work with a range of clients, largely public sector, on initiatives to improve their organisations or develop their staff. Mark has public sector clients based in Adelaide, Canberra and Hobart.

Mark’s former responsibilities in Treasury and Finance included providing advice on the State Government’s financial strategy, legislation and policies, overseeing whole of government banking, financial reporting and related financial systems and working with agencies as part of the annual budget process and weekly Cabinet processes.

Mark also worked for in BHP Billiton as a team leader involved in establishing teams in the Shared Service Centre in 2000 and 2001.
Mark has an Honours Degree in Economics and a Graduate Diploma in Marketing.

Mark is married (to Gemma for over 24 years) and has three adult/teenager children. He also serves as a volunteer board member for Arid Recovery Pty Ltd (conservation and research organisation) and as a trustee for the Julie Farr McLeod Benevolent Fund (supporting services to the disability community).

Format
Online

Duration
2 half-days
9:00am-12:30pm

Competency framework
First Line Manager Common (ASO2-ASO5)
Middle Manager Common (ASO6-ASO8)

Inclusions
Digital Workbook and Resources

Location
Online (via Cisco Webex)

Costs
Personal Member $515
State Govt Employee Member $555
Corporate Member $565
Non-member $645

This course is also available for in-agency delivery. Contact us for further information.

This course is part of the Fundamental Skills of Management Series (online). Register for the full series and save up to 15% on the full price of each course.

As well as expert input and resource manuals for future reference, here is an opportunity to work with colleagues across the public sector who are all tackling the same big challenges across 4 units:

  •     Introduction to Supervision Management
  •     Strategic Thinking
  •     Managing Public Sector Budgets
  •     Managing Your Project: An Introduction to Project Management

  • "Mark's public sector experience coupled with private world provides great context in his delivery of courses.”

    Marc

    PIRSA

  • “The course has given me an understanding of terminology used, processes managed by Finance and the important factors I need to consider when dealing with budget management.”

    Betty

    Department for Education

  • “I now have the appropriate knowledge to effectively manage my assigned budget and how to assess if a budget variation is cause for concern.”

    Janine

    DHW

  • “Think would be useful for all employees to undertake to gather further financial literacy.”

    Marc

    PIRSA

  • “Great environment for learning, the course was pitched for all financial knowledge levels with group participation encouraged.”

    Janine

    DHW

  • “Mark is a very skillful presenter who has extensive and relevant knowledge and was able to transmit it in a practical and entertaining way. Mark involved the group in discussions, and there was a good mix of exercises, group work and presentations across the two days. I added a lot to my own knowledge and in particular gained skills in how to apply the learning to my work. Overall it was high energy and insightful. Really enjoyed the training.”

    Gabrielle

    Department of Human Services