Preparing and Updating Long-Term Financial Plans
Duration: 3 hours
Investment: $430 incl GST
Delivery: Webinar
Target Audience
CEOs, Asset Managers and Senior Finance Officers
Overview
‘Preparing and Updating Long-Term Financial Plans’ has been developed to enhance the skills of participants to develop practical, easy to prepare and follow, long-term financial plans. It includes tips and traps based on council’s experiences in preparing useful and legislatively compliant plans. Material presented will cover legislative requirements (including the latest reforms), structural suggestions, how to identify and determine key information and assumptions for input and how to develop an appropriate financial strategy considering relevant local factors.
Key Learnings
- Suggested structure and content and the appropriate level of detail to include
- What key assumptions should be specified and the basis of their estimates
- The need to recognise, and options to accommodate, future expected price movements
- The need to vary some indicator target ranges over time
- What types of sensitivity analysis should be undertaken and how to present results
- What level of functional and activity level financial information should be provided
- What written explanatory content should be included
- How to make trade-offs to achieve financial targets
Facilitator
Mark Davies, Financial management expert, advisor, and trainer to state and local government
Mark is a Chartered Accountant with over 30 years’ experience spanning across both the private and public sectors. His career includes experience as a Senior Audit Manager and Principal Consultant with PWC to serving as Chief Financial Officer, General Manager Corporate Services and Chief Executive Officer in councils.
Mark has co-designed and delivered strategic and financial management training to Elected Members for the Municipal Association of Victoria and has worked on the integrated strategic management framework in South Australia. He has a long history of providing accessible financial management training to elected members and officers and enjoys demystifying financial terminology and building confidence.
Additional Information
To complement this training you may be interested in attending our full program
Asset Management and Long-Term Financial Plans. For further information about this program
please click
here
For further information about the content of this program or to enquire about having this program brought in-house to your council or to a ‘council hub’ near you please contact LGA Training at
training@lga.sa.gov.au.
Upcoming Short Courses
Name |
Date |
Time |
Location |
Cost (inc GST) |
|
Preparing and Updating Long-Term Financial Plans |
12 June 2025 |
01:00 pm - 04:00 pm |
Live virtual classroom |
$430.00 |
|