Understanding of Finance in Central Government

For those working in finance positions within the Public Sector or Civil Service, it can often be the case that, despite the fact public finance decisions are systematic, it is unclear how the decision process works, what the reasoning behind various decisions is or who is responsible.

Designed for both finance and non-finance staff, this training course delivers a unique and broad overview of the responsibilities, accountabilities and systems behind public finance. It introduces a clear context for the government’s financial position and demonstrates how this can be translated into the process of delivery through Parliamentary Supply, Treasury Control and the roles and responsibilities of those who manage public finances. 

Participants will gain a clear understanding of the economic context for Government Finances and how Government Finances operate, including Spending Reviews. Participants will also be acquainted with some of the key challenges the Government Finance processes may face in the coming years. 

Understanding of Finance in Central Government is an online virtual course within our Financial Management & Commercial Skills Series. At the Civil Service College, we tailor our courses to each attendee’s role and organisation, ensuring that each participant gets the most out of the training. Our courses and trainers are continuously updated and evaluated to ensure that we are always delivering the best service possible.

Key Training Features

Who Can Attend

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Key Training Features:

• The economic outlook and economic policymaking in the UK
• Parliamentary Control & Supply
• Managing Public Spending& Treasury control
• Total Managed Expenditure, DEL and AME
• Capital and Revenue
• The Reserve & Budget exchange
• Treasury cash management
• The role of Ministers and Accounting Officers
• Regularity, propriety, feasibility and value for money
• The role of the National Audit Office and the Public Accounts Committee
• The FReM, FRAB & WGA

Who Can Attend:

This online course is suitable for Arm’s Length and Public bodies who wish to gain a better understanding of the Government’s financial landscape, both politically and operationally, as well as for those who need to better understand how, when and why Government Financial decisions and process will impact them. 

This course can also be tailored for foreign finance authorities who wish to gain an in-depth understanding of the UK public finance system.

View course outline