Open Book Accounting

by CIPFA Claim Listing

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.

Price : Enquire Now

Contact the Institutes

Fill this form

Advertisement

CIPFA Logo

img Duration

1 Day

Course Details

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.

  • The context for open book
  • The history and principles of open book processes
  • Where open book is appropriate and the advantages/disadvantages of the approach
  • Overview of the open book processes
  • The end to end process, who is involved and the roles they play
  • Risks and pitfalls in the procurement and initiation of an open book contract
  • Management of open book contracts to improve performance
  • Open book contract management including managing change and variations
  • Cost reduction strategies and incentives
  • Good governance
  • Audit strategies and implementation to ensure governance and risk management are in place and effective
  • London Branch

    77 Mansell Street, London

Check out more Accounting courses in UK

Institute of Financial Operations and Leadership - IFOL Logo

Accounts Payable Back to Basics Course

The Accounts Payable; Back to Basics course has been designed to equip participants with a foundation understanding of the Accounts Payable function, process, it’s purpose and responsibilities

by Institute of Financial Operations and Leadership - IFOL [Claim Listing ]
South Lanarkshire College Logo

Prepare To Study Accounting And Financial Services

This is a preparatory course to enable progression to further study in accounting and financial services. You will learn practical skills and theory transferable to various roles.

by South Lanarkshire College [Claim Listing ]
SFM Training Logo

Award in Accounting (RQF)

Award in Accounting course is offered by SFM Training. All eLearning courses are issued on licence from HABC and are fully approved for distance learning, leading to full qualification if required. 

by SFM Training [Claim Listing ]
Guardians Training Logo

Management Accounts Training

Welcome to our Management Accounting Training program! This comprehensive training is designed to provide you with a solid foundation in the principles and practices of management accounting.

by Guardians Training
Shasat Logo

Financial Accounting For Beginners

This course is designed for beginners, and no prior knowledge of accounting is required. By the end of this course, you'll have a solid foundation in accounting and be equipped with the knowledge and skills you need to succeed in the business world.

by Shasat
  • Price
  • Start Date
  • Duration

© 2024 coursetakers.com All Rights Reserved. Terms and Conditions of use | Privacy Policy