A one-day course providing a solid grounding in the basic principles and concepts of open book accounting, plus practical tips on its application in managing the operation of contracts.
Open book accounting is not just about accounting, it is about smarter procurement and contract management processes.
Open book accounting offers a transparent and fair way of procuring and delivering services in the public sector. The concepts and principles supporting it are increasingly being seen as key to successfully driving efficiency in cost reimbursable or target price construction and works contracts.
This one-day training course will give you a good grounding in the basic principles and concepts of open book accounting as well as practical tips on its application in managing the operation of contracts.
Course Content:
Below is the typical course outline, which can be tailored to meet your and your team’s needs.
CIPFA is the only professional accountancy body in the world dedicated exclusively to public finance CIPFA, the Chartered Institute of Public Finance and Accountancy, is the professional body for people in public finance.
Our 14,000 members work throughout the public services, in national audit agencies, in major accountancy firms, and in other bodies where public money needs to be effectively and efficiently managed.
As the world's only professional accountancy body to specialise in public services, CIPFA's portfolio of qualifications are the foundation for a career in public finance.
These include the benchmark professional qualification for public sector accountants as well as a postgraduate diploma for people already working in leadership positions. They are taught by our in-house CIPFA Education and Training Centre, as well as other places of learning around the world.
We champion high performance in public services, translating our experience and insight into clear advice and practical services. They include information and guidance, courses and conferences, property and asset management solutions, consultancy and interim people for a range of public sector clients.
Globally, CIPFA leads the way in public finance by standing up for sound public financial management and good governance. We work with donors , partner governments, accountancy bodies and the public sector around the world to advance public finance and support better public services.
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This qualification will prepare you for entry level accounting roles. It delivers a solid foundation in finance administration and covers areas such as double entry bookkeeping to basic costing principles and the business environment.
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This course will provide you with the skills and knowledge required by Non-Accounts Manager to understand Finance and Accounting processes they face in their daily work schedule.
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