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The Public Sector Bootcamp (9 days)

Course Details

This course is not presently part of our active schedule and we are monitoring demand. Join our waiting list so our customer service team can include you in the conversation. We can keep you informed and updated when venues/dates are available.
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We are managing our face to face Public Financial Management course schedule carefully right now. If the training course you want is not available, we may be offering a virtual alternative! View our Virtual Classroom schedule to see what is being delivered live in our online classrooms.

If you don’t see the Public Financial Management training topic, you are looking for, or if you would like an online classroom in another timezone, please tell us.

You can learn more about our virtual, online courses and how they work on our Virtual course FAQ page.

This public sector bootcamp is a highly interactive event which features case studies, exercises, models and examples of best practice. This bootcamp is an essential learning experience for finance professionals in the public sector. Over 9-days you will cover a broad spectrum of topics and when you leave you will understand the basics of accruals accounting and how it differs to cash accounting and take away a variety of budgeting and planning models providing a framework to help you manage budgets whilst delivering your objectives. In addition, you will understand all the activities involved in the procurement and contract management cycle; and you will be exposed to the UK HM Treasury best practice for writing business cases and performing investment appraisals. Finally you will be provided with helpful models to help you implement effective internal controls so that you can manage a breadth of risks typical to public sector organisations. During the bootcamp you will work with your instructor to try out exercises and use models in a safe environment, equipping you with the skills to adapt and use them for the specific circumstances when you return to your own organisation.

At the end of this workshop you will:

  • be equipped to produce accounts consistent with internationally accepted best practice;
  • be able to help colleagues improve how they deliver good value for money services;
  • be equipped to produce a variety of plans and budgets and manage against those budgets;
  • have been exposed to a variety of methods and tools used to illustrate all aspects of good procurement and contract management;
  • know what is required to produce a business case which is in line with the UK 5 case model;
  • be equipped to manage supplier relationships, supplier performance and know how to manage a contract for continuous improvement;
  • have been exposed to a variety of risk management models you can take back to your organisation;
  • be equipped to implement a set of appropriate internal controls to help you safeguard the assets of the business, segregate duties and deliver other risk management objectives;
  • be able to work more effectively with the internal audit function;
  • be better equipped to produce effective written, spoken or other communications.

If you are only interested in some of the topics, please note that the course is broken down into a series of shorter modules which can be booked individually. Click on the links for more details.

Registration fee for this unique event includes:

  • 9 days of formal tuition by some of our most senior instructors.
  • Full set of course materials (including case studies, illustrations and examples).
  • An iPad Mini which you can use for research during and after the course.
  • A local sightseeing tour.
  • Lunch and refreshments on every teaching day.
  • Farewell dinner and class photographs.

Learning Objectives

  • Understand how to produce compliant informative accounts in an efficient way
  • Understand how to help colleagues to improve the economy, efficiency and effectiveness of their service delivery
  • Understand UK best practice in how to derive budgets from strategic level plans e.g. community strategies, corporate plans
  • Understand what can go wrong in public sector planning and budgeting, and know how to prevent that happening
  • Know how to provide a robust justification for spending money on a private sector supplier
  • Be able to give yourself the best chance of delivering the benefits identified in a procurement process while delivering the service to time, budget and quality standards
  • Know how to manage a whole variety of risks that could prevent your organisation from achieving its objectives, cost you money, reduce your income or deplete your asset base whilst damaging your reputation
  • You will be able to help service heads to implement appropriate control procedures to prevent risks arising and manage their impact if they do
  • To make you communicate more effectively in your organisation and thereby improve your profile
  • To make you aware of the potential pitfalls in using written or verbal communications

Who Should Attend

The course is aimed at middle ranking finance professionals in the public sector, those in charge of public services or budgets or anyone else who would benefit from an improved understanding of public sector finance. You may:

  • Be interested in the financial performance and position of your organisation
  • Have some contribution to or responsibility for producing service plans and budgets
  • Be assessed on how well an organisation has performed against its budget
  • Have a desire to be able to demonstrate that your service area is well run
  • Be interested in planning for a sustainable future for the organisation
  • Have a desire to be able to demonstrate that the private sector can help you deliver your organisation’s aims and objectives at an appropriate cost
  • Have some contribution to or responsibility for risk management procedures
  • Need to be able to communicate with people who are not financially literate


  • Day 1 am – Introduction to public sector finance
    • What is public sector financial management
    • Role of finance staff in that process
    • Accountability and managing public money
    • Expected behaviours of finance staff
    • The allocation of central resources using UK as good practice
  • Day 1 pm – Public sector financial reporting
    • Flow of information and users of financial reports
    • Cash accounting
    • Accruals v cash accounting
    • Key financial statements in accruals accounting
  • Day 2 am – Public sector financial reporting (continued)
    • IPSAS – accruals accounting standards
    • Public sector specifics
    • Asset accounting
    • Non exchange transactions
    • Migrating to full accruals based IPSAS
  • Day 2 pm – Delivering value for money services
    • What is value for money ?
    • Assessing and measuring value for money
    • Resource prioritisation
    • Process improvement and efficiency
  • Day 3 - Planning and budgeting in the public sector
    • Planning and the golden thread
    • Input and output planning
    • Types of budget
    • Cash v accruals based budgeting
    • The budget setting process
    • Budgeting for income
    • The importance of understanding cost drivers
    • In year management and forecasting year end outturn
  • Day 4 am – Risk management
    • Basics of risk management and risk governance
    • Enterprise risk management and risk control frameworks
    • Risk identification and risk assessment
    • Risk treatment
    • Basics of internal controls
  • Day 4 pm – Revenue management
    • Sources of revenue
    • Optimising the revenue mix
    • Charging for public services
    • Bidding for grants
    • Reforming revenue administration
    • Improving credit control
  • Day 5 am – Role of internal audit
    • What is the role of internal audit
    • IIA ethics and standards
    • Attribute standards
    • Performance standards
    • How to work effectively with internal audit
  • Day 5 pm – P2P and physical asset management
    • Purchase to pay process
    • How to make P2P work for you
    • Physical asset management framework
    • Best practice in asset operations, safeguarding and maintenance
  • Day 6 – Good procurement
    • Typical procurement cycle and benefits of good procurement
    • EU principles
    • Effective writing of different types of specification
    • Understanding the market place and the supply base
    • Effective evaluation of tenders
    • What to do immediately before you sign the contract
  • Day 7 – Business cases
    • Business Cases – why, what, when and how
    • The UK HM Treasury 5 case model (strategic, economic, commercial, financial and management cases)
    • Economic case – VFM and options appraisal
    • Financial case – Affordability
    • What goes wrong in business cases
  • Day 8 – Effective contract management
    • Basics of contract management
    • Contract governance and administration
    • Managing supplier performance
    • Managing supplier relationships
    • Managing risks in contracts
  • Day 9 – Communicating financial information effectively
    • Four secrets for success
      • Understand your audience
      • Focus on what you found (not what you did)
      • Organise and present your ideas clearly
      • Make your report / presentation readable
    • Use of graphics
    • Structure – topic sentences, paragraph unity
    • Right sort of language – active not passive, concise, use of technical language
    • Bringing it back to your financial reports

Teaching Method

  • Group instruction, discussion and illustrative examples
  • Practical workshop exercises using realistic scenarios, case studies, examples of best practice and the models you can use back in the workplace
  • All participants will receive a comprehensive binder containing copies of the presentation slides, handouts and other course materials


The instructor for this course will be drawn from one of our core faculty of subject matter experts. Further details will be published at the earliest opportunity.


Our seminars take place in 4 star professional conference facilities, generally in city-centre hotels like the Marriott, Sheraton or Hilton brands. Detailed Joining Instructions are sent to all registered delegates by email approximately one month before the event. The Joining Instructions will confirm exact venue details and nearby (or onsite) hotel recommendations with bedroom rates where available. Coffee and lunch will be provided.

CPE/CPD Accreditation

IASeminars is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.


Field of study: Accounting


Attendees should have a background in finance or a basic understanding of public sector financial concepts.