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Day
One: June 8, 2004
9:00
Integrating Budget, Accounting and Performance Systems
• Get updates on budget and performance integration as part
of the Financial Information Strategy (FIS) framework
• Learn how budgetary costs can be matched with programs
and their performance goals
• Discuss Results-Based Management Accountability Framework
and its implications on performance-based budgeting and accounting
9:45
Achieving Full Accrual Accounting in Government
• Master the conceptual framework and technical insight
for successful and relevant performance costing
• Understand flexibilities provided in the standards and
how to maximize their benefits
• Learn how to converge cost and performance data to provide
superior accountability
10:30
Developing Cost Information for External Reporting
• Integrate compliance standards to ensure your cost model
meets reporting requirements such as PSAB and CICA
• Learn innovative strategies and best practices to developing
financial reports
• Implement successful techniques on cost information systems
for internal management and external reporting
11:30
Emerging Lines of Practice in Cost Management
• Develop an effective plan to successfully manage audits
• Utilize best practice techniques to survive audit scrutiny
• Discuss challenges to mission performance facing auditors
and managers
12:30
Networking Luncheon
1:30
Using Cost Management to Inform and Drive Internal and Management
Decisions
• Learn from after-action reviews on how to drive change
• Discuss how to promote continuous improvement initiatives
• Improve organizational management through strategic use
of financial and non-financial information
3:15
Adopting Your Framework for Cost Measurement and Allocation
• Define the role of cost measurements in the cost management
process
• Understand allocation mechanics and their budgetary implications
• Maintain positive fiscal management through resource allocation
4:30
Adjourn
Day
Two: June 9, 2004
9:00
Creating a Performance-Based Budget: Ten Step Process to Integrate
Performance and Budget Information
Step One: Develop/Align to Strategic Plan
Step Two: Determine Outputs (by Program)
Step Three: Define Activities to Deliver Outputs
Step Four: Calculate Existing Full Costs (Direct/Indirect for
Each Activity)
Step Five: Correlate New Output Costs to Intermediate Outcome
Achievements
Step Six: Achieve Cost Efficiencies through Restructuring
Step Seven: Set Targets (Revise after Budget Finalization)
Step Eight: Budget Account Restructuring/Alignment
Step Nine: Budget Justification
Step Ten: Budget Execution
12:00
Networking Luncheon
1:00
Winning the Cost War: Case Study on Managerial Costing
• Review lessons learned on implementation barriers and
successes
• Determine costs of mission-critical supplies
• Discuss what costing efficiencies were achieved and how
they impact financial management
4:00
Adjourn |
