Finance Matters: Your weekly round up of GFF news, blogs and much more

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Finance Matters

News and Blogs 

  • The Rose Book: guidance on knowledge asset management in government
    The BEIS Knowledge Assets team have published ‘The Rose Book: guidance on knowledge asset management in government’ to support the effective management of public sector knowledge and innovation assets. Read the guidance.
  • New Sustainability TA CoE Article Available
    The article shares information about accounting for climate change following the targets set for organisations by 2050 and whether this creates a commitment under International Accounting Standard (IAS) 37 Provisions, Contingent Liabilities and Contingent Assets. Read the guidance.
  • What does it mean to be a Finance Business Partner?
    Don’t miss the opportunity to join this enjoyable, highly-practical and inter-active 90 minute training session with effective tools, techniques and tips to enable you to add more value to your organisation. Find out more about the Finance Business Partner Network.
  • Guidance on preparing Annual Reports and Accounts for 2021-22
    New guidance for the preparation, production and publication of annual reports and accounts for 2021-22 is now available on the Government Financial Reporting Policy: Guidance page. Read the guidance.
  • People Committee Blog: December 2021 update
    We met for our last People Committee meeting of 2021 on 7 December. Topics covered included Future Finance Workforce, Finance Fast Stream Reform and Finance Forefront Programme. Read Boryana's blog.
  • Celebrating the Eighth Annual MOD Finance Awards
    The Ministry of Defence (MOD) Finance Function held its eighth annual Finance Awards Ceremony and second virtual ceremony to celebrate the achievements of individuals and teams working within the finance community. Find out who won.

New on the GFF Player

  • Stuart Barnes, Head of Finance Capability, Foreign, Commonwealth & Development Office
    Following the launch of the Finance Career Framework in May 2021, we are now in the Implementation Phase where departments are beginning to adopt the framework. Listen to the podcast.
  • What is neurodiversity?
    As part of the 2021 Diversity, Inclusion and Wellbeing Advent Calendar, Sam Hutcherson and Adam Bundy discuss Neurodiversity at Work and setting up the Government Finance Function Neurodiversity Network. Listen to the podcast.
  • TAcT High-level summary
    Mike Sarwar from Kaplan talks through a high-level summary of the three webinars delivered in 2021 by Kaplan as part of the Technical Accounting Updates. Watch the Webinar.

Upcoming Events

  • 18 January: Assessing the Economic and Financial Standing of Suppliers
    This 3-hour Deep Dive course explores assessing and monitoring the economic and financial standing of suppliers. The course splits into three parts and is built around interactive case studies. This training is aimed at participants who are familiar with financial statements and are responsible for evaluating and monitoring suppliers but has something for everyone. Book your place.
  • 19 January: Environmental Appraisals: Carbon Values Teach-in
    This 45 minute session presented by BEIS will explain the methodology behind the review of the carbon values series and best practice around how you use the series during appraisal. The session is aimed at all professions including analyst and policy professionals across central government, local government and to anyone involved in environmental appraisal. Book your place.
  • 20 January: Sourcing Programme: Should Cost Modelling
    This 3-hour Deep Dive course explores the concepts outlined in the Outsourcing Playbook: Should Cost Modelling. The course is built around interactive case studies and run by the Sourcing Programme team, covering the principles and benefits of an effective ‘Should Cost Model’ and much more. Book your place.
  • 21 January: Sourcing Playbook: Knowledge Drop Training
    An interactive 90-minute webinar delivered by the Sourcing Programme that offers awareness-level learning on the initial Outsourcing Review and Policy Development. This covers the 11 key policy reforms and the rationale for implementing them, followed by a Q&A to give attendees the opportunity to ask questions of the Playbook and Programme team. Book your place.
  • 22 February: GIAA Sharing Cross-Government Insights: Contract Management webinar
    As part of the Government Internal Audit Agency’s commitment to delivering Cross-Government Insights, the GIAA are hosting a live webinar sharing their latest review on Property Maintenance. The webinar is a joint panel with colleagues from the GIAA and the Government Commercial Function to share our findings and will include an opportunity for you to pose questions to our panel. Book your place.
  • 24 February: The Natural Capital Approach
    The Natural Capital Approach ensures we understand nature as an asset which provides services; delivering benefits for the economy and society. This session will provide attendees with an introduction to the Natural Capital Framework Information on how policy makers should be incorporating Natural Capital into policy making. This session is aimed at central government, local government and anyone involved with environmental appraisal and decision making. Book your place.
  • 26 January: From Bean Counter to Finance Business Partner
    Finance professionals are constantly being told they need to be more of a ‘business partner’ to their organisation and more commercial. But what does this actually mean? Join this highly-practical and interactive 90-minute training session which addresses these issues and also covers effective tools, techniques and tips! Book your place

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