21-21 Accounting and Financial Reporting Fundamentals – Information session
| Circular Details | 21-21 / 6 August 2021 / A773025 |
| Who should read this | Councillors / General Managers / All council staff |
| Contact | Policy Team / (02) 4428 4100 / code@olg.nsw.gov.au |
| Action required | Information |
| PDF version | 21-21 Accounting and Financial Reporting Fundamentals – Information session |
What’s new or changing
- The Office of Local Government (OLG) has developed a 1-hour information session about the fundamental aspects of accounting and financial reporting.
- The recording is available on OLG’s Council Portal and on OLG’s YouTube channel.
- OLG encourages councils to widely circulate this recording to councillors and staff.
What this will mean for your council
- Councils manage significant finances on behalf of their communities.
- Many staff and all councillors play a key role in council financial decision making and it is vital decision makers hold an adequate level of financial literacy.
- To support this, OLG has developed a 1-hour information session on the fundamental aspects of accounting and financial reporting.
- The information session is delivered via an audio recording and PowerPoint presentation.
- This back to basics financial information session adds to OLG’s growing suite of financial and accounting resources.
Where to go for further information
- The recording is available on OLG’s Council Portal and on OLG’s YouTube channel.
- Further financial guidance for councils is available on OLG’s website and OLG’s Council Portal.
- OLG will provide additional, more detailed training sessions for general managers and councillors during 2021-22.