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About the course
This session provides an introduction to Government of Alberta finance and budgeting, including learning to read and interpret a variety of financial statements and reports. Participants will explore the factors that influence the fiscal situation, the legislation that governs how finances are managed, the roles/responsibilities of Cabinet and various committees, the budget cycle, forecasting and reporting. Participants will leave this session understanding both the “big picture” of Government of Alberta finance as well as developing and refining skills for their day-to-day work which contributes to the overall fiscal goals.
- The fiscal situation in the province. Where does the money come from (revenue) and where does the money go (expenditures)? Factors that impact revenue
- What is the Alberta Government’s fiscal plan? What is the total budget? What are the legislative structures/acts that guide our work?
- Private sector vs. public sector (profit oriented vs. balanced budget)
- The stages of the GoA budget cycle. The difference between an operating and capital budget as well as the blend of finance and strategy
- Effective forecasting
Trust the experts
Franco (Frank) has made presentations to industry stakeholders in Canada, United States and Europe, covering topics such as stakeholder relations, municipal fundamentals and finance for non-financial managers. Prior to his plus 20 years as an educator, his professional experience included auditi...