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COURSES

Measuring and Improving Financial Management in Government

Key Methodologies Covered

This training will focus on developing a financial management framework complete with performance measures that will aid managers in meeting guidelines and recommendations established by OMB and JFMIP. This framework will align government functions with the mission of the organization and foster accountability for financial stewardship.

Training Cirrcullum
Day One Agenda: January 13, 2005

8:30

Registration and Continental Breakfast

9:00

Latest on JFMIP Standards for Financial Management Improvement: Achieving
Transparency, Accountability and Improved Financial Performance in Government
• Obtain updates on regulations and requirements for financial managers
• Implement management frameworks and reporting guidelines to improve stewardship of resources

10:30

A Framework for Designing and Implementing Performance Measures for Financial Management in Government
• Identify and integrate performance outcomes and measures into financial management functions
• Align specific financial activities to mission goals for the organization to ensure proper allocation of funding

12:15

Networking Luncheon

1:15

SHOW ME THE MEASURES: Budget and Finance Functions
• Track performance and results of budget and appropriation process
• Use performance information to monitor program performance and targets

2:15

SHOW ME THE MEASURES: Accounting
• Identify specific costs apportioned to programs and track the stewardship of those costs
• Improve managerial cost accounting to identify costs of services and outcomes of services

3:30

SHOW ME THE MEASURES: Collections and Receivables
• Improve the collection and receivable process to ensure that all the revenue and
resources are accounted for
• Establish baselines and targets for target percentage of revenue due to organizations

4:45

Adjourn

Day Two Agenda: January 14, 2005

9:00

Creating a Performance-Based Culture in Financial Management Functions
• Identify key workforce challenges in achieving organizational goals
• Institutionalize performance management guidelines within the organization to best manage change

10:00

SHOW ME THE MEASURES: Assets and Liabilities
• Identify performance information to manage the debts and flow of funds
• Develop strategies to minimize organizational loss and maximize timely collection

11:00

SHOW ME THE MEASURES: Payment Management
• Improve internal infrastructure to maximize the management of payment errors
• Establish internal governance structure to promote accountability and internal fiscal responsibility

1:00

Networking Luncheon

2:00

SHOW ME THE MEASURES: Reporting and Information for Decision Making
• Ensure financial reports are used for informed decision making
• Improve the warehousing and managing of data to make performance reporting timely and useful

2:00

PERFORMANCE REPORTING: Integrating Accountability and Performance Reporting Systems
• Establish initiative owners within your organization to manage and report essential financial performance information
• Establish performance measures that indicate progress in achieving organizational goals

3:00

PERFORMANCE AUDITING: Working with the Office of Inspector General and Auditors to Improve Quality of Financial Performance Information
• Develop partnerships with the Office of Inspector General to mitigate financial reporting errors and payment errors
• Identify internal weaknesses where capabilities need to be strengthened

4:45

Adjourn

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January 13-14, 2005
Arlington, Virginia

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Cancellations: A $150 service fee will be charged on cancellations received less than three weeks from the date of the event. A credit memo will also be sent reflective of that amount, which can be used for a future Performance Institute conference.

   

 

 

 

 

DATES

January 13-14, 2005
Arlington, Virginia
Download PDF Brochure and Hotel Information | Register

DESCRIPTIONS

Course Level: Intermediate
Format: Group-Live
Perequistites: None
Advance Preparation: None
Tuition: $1095
MEET CORE COMPETENCIES FOR

Chief Financial Officers, Financial Managers, Accountants, Auditors, Financial Analysts, Office of the Inspector General

HOW WILL YOU BENEFIT

• Develop a performance management framework that aligns financial workload with mission results
• Review and implement “best-in-class” performance measures for a variety of financial management functions
• Evaluate strengths and weaknesses within your organization to foster a performance-oriented financial culture

GET CERTIFIED

The Performance Institute offers the only comprehensive certification programs in government management.

This training program is part of the curriculum of the following certification programs:

Government Performance Management