Circulars

21-21 Accounting and Financial Reporting Fundamentals – Information session

Circular Details21-21 / 6 August 2021 / A773025
Who should read thisCouncillors / General Managers / All council staff
ContactPolicy Team / (02) 4428 4100 / code@olg.nsw.gov.au
Action requiredInformation
PDF version21-21 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

Kiersten Fishburn

Coordinator General, Planning Delivery and Local Government