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Financial management within Monash

2 days

Target group:Academic or general staff who would like to increase their skills and knowledge in financial management and Monash's financial processes.
Group size:Maximum of 15
Level 1 program:Suitable for all staff who have financial responsibilities and would like to increase their skills and knowledge in financial management.
Schedule:
Date:Monday 24 & Thursday 27 November 2008
Time:9:00am - 5:00pm
Venue:Clayton Campus
Apply by:Friday 14 November 2008
Cost: nil - Monash staff only
Catering:Morning and afternoon tea will be provided
To apply:On-line application form

Overview

This highly interactive program has been designed to assist staff in managing financial responsibilities by covering the basic concepts of financial management, sharing best practice, attempting to tackle participant's specific challenges and engaging with representatives from Financial Resources Management (FiRM). Please note this is not SAP training

Intended Outcomes

To increase skills and knowledge of Monash Staff in financial management and Monash's financial processes.

Course Content

The session will include discussion, information and case studies covering the areas of:
  • Basic financial statements (income statement, balance sheet and cash flow)
  • A review of Monash University's current financial position
  • Cash flow management
  • The role of Corporate Finance and FiRM
  • How funds flow through the University and the strategic costing model
  • Activity based costing
  • Monash budgeting processes and reports
  • Basic Monash University terminology and financial management

Learning Approach

The workshop will be delivered using a combination of methods including theoretical sessions, discussion and exercises.

Handouts

A comprehensive set of course notes will be provided and calculators will be available for use throughout the course.

Participants Note

If participant's wish to bring along any financial information (not SAP reports) which is of particular interest, the facilitators are more than happy to answer questions on a one to one basis at break times or at the conclusion of the program.

Previous Participant Comments

"Best training I have attended in 20 years. Thank you so much!" - Pam Herman, Manager, Monash Research Graduate School

"Very enjoyable, probably one of the best staff development programs I’ve attended"- Dr Lorraine Bennett, Deputy Director, Centre for the Advancement of Learning and Teaching