NewApplication of Financial Reporting to Improve Performance

Dates:

• 02 - 08 August 2027

Workshop Overview

Good quality information is absolutely necessary at all levels of the organisation if high performance is to be achieved in pursuit of the objectives set.  Indeed, information can be the major driver of change.  Financial information is a critical element of overall management and strategic information.  IPSAS and IFRS have made significant changes to the ways in which financial performance is measured and have triggered potential major areas of improvement.   

If financial information is to be optimally powerful it needs to be integrated with other aspects of information.  This includes matching the application of finance to the achievement of our objectives.  

The workshop is designed to enable and equip delegates to assist in making improvements to their organisation’s performance through improved financial reporting.  It is practically based and will examine and explore examples of best and developing practice. 

This workshop examines

• Best practice in producing financial information and reports
• Integration of financial and other information to inform decision making with regard to targeted outcomes and objectives
• Major areas of performance improvement including with respect to people, assets and money
• The application of modern technology, including Artificial Intelligence (AI) to analyse data quality and identify variances.

On completion of the workshop you will be able to:

• Improve the quality and timeliness of internal decision-making
• Link financial information more clearly to outcomes or delivery objectives
• Integrate financial and non-financial reporting (including sustainability)
• Understand the IPSAS/IFRS implications for the major aspects of your organisation and improve the financial and other information relating to them
• Instigate improved and integrated performance reporting across your organisation as a core part of the organisation’s management

• Use the latest technology, including AI, to improve the quality of and access to management information
• Improve how financial performance, risk and uncertainty are presented and explained in leadership forums

Key Topics

• Major areas of application of OPSAS/IRS
  • Asset management,
  • Human resource
  • Investments and debt
  • Sustainability
• Information for decision making including business cased development
• Integrated management reporting in the context of the achievement of the organisation’s set objectives
• Application of the latest technology including AI to improve information provision
• Provision of information for leadership.