Applying Key Concepts in Financial Management

Overview

Delivery method

Virtual classroom

Duration

6 hours

Audience

Functional specialists

Understanding the fundamental rules and regulations that govern financial management frameworks is an essential component of the financial curriculum. This course connects the theory covered in COR211, COR212 and COR213 with the more practical aspects of public financial management, and is the final step in the required training for financial officers. Through application exercises, participants will be introduced to the tools currently used to manage finances within the federal government.

Topics include:

• using government reports in making budgetary changes
• making changes to program budgets partway through the financial cycle
• reviewing variance reports
• applying a delegation of spending chart to financial processes

Prerequisites:

To register for this course, participants must have completed the following online courses:

• Financial Management Control Frameworks
• The Government Planning, Budgeting, Reporting and Evaluation Cycle
• Financial Management Systems

Notes:

Financial officers who have previously completed COR211 and COR212 as classroom courses are not required to complete COR210.

Legacy course code: F304