SlideShare une entreprise Scribd logo
1  sur  13
Télécharger pour lire hors ligne
www.cipfa.org
CIPFA
Rob Whiteman
18 September 2013
1
www.cipfa.org
Agenda
 Landscape / challenges
 CIPFA Thinks …
 What CIPFA is already doing
 What we plan to do?
cipfa.org.ukwww.cipfa.org
Landscape
www.cipfa.org
NAO report - Improvements in
Government FM
 Greater recognition of the strategic importance of the
finance profession
 Finance Leadership Group has established the Finance
Transformation Programme to position finance at the centre
of decision-making
 Qualified finance professionals are better represented at
senior levels in Whitehall
 Improvements in key financial processes, such as the Clear
Line of Sight and WGA initiatives
 Government taking positive steps with the aim of improving
management information.
www.cipfa.org
NAO report - Scale of FM challenges
 Redesigning and transforming public services so
they operate sustainably in context of further
spending reductions and demand increases.
 Treasury to provide more effective central
leadership, to support public bodies in providing
services at permanently lower cost.
 Chances of success much greater if financial
managers are central to decision-making.
 Integrate FM fully within processes to design and
implement effective target operating models
 Financial impacts of all options should be key factor
in decision-making by finance and non-finance
professionals alike.
www.cipfa.org
How HMT can within existing budgets and preserving
single point accountability to Parliament for financial
stewardship that the accounting officer provides
 Improve quality and consistency of management
information flows between Treasury and departments
to ensure these are of the right quality to enable
effective risk-management and decision making across
Government
 Strengthen the role of the Head of the Government
Finance Profession in promoting and assuring improved
financial capability – skills, systems and processes –
across government (considering also the interaction of
this role with the Treasury)
HMT FM Review - 1
www.cipfa.org
HMT FM Review - 2
How HMT can within existing budgets and preserving single
point accountability to Parliament for financial stewardship
that the accounting officer provides
 Ensure right levels of delegated authorities and
approvals are in place to ensure both tight spending
control and appropriate flexibility for those departments
with proven financial management capability
 Create a more streamlined, coherent set of central
appraisal and approval process for projects and
programmes outside those delegations
7
www.cipfa.org
CIPFA Thinks … 1
Capital and revenue expenditure decisions must be taken in a coherent
and joined-up way that is proportionate to the level of financial and
other risks involved in both the short and longer terms by:
 Being set in the context of short, medium and long term financial
and delivery risks
 Considering capital and revenue impacts together
 Replacing fixed delegation limits with ranges
 Linking delegation levels with risk assessments
 Drawing on FM model outputs and relevant internal and external
audit reports
 HMT matching skills and experience to the risk and complexity of
departments
 Requiring medium term expenditure frameworks from all major
departments
www.cipfa.org
The quality and consistency of management information flows
between departments and the Treasury needs to be improved
through:
 Appropriations on the basis of output targets
 Increased use of shared services
 Widespread adoption of the Common Chart of Accounts
 Mid-year closedowns and coordinated intra-government
balance agreement processes
 Incentivising accurate expenditure and cash flow forecasting
 Publishing FM Model assessments and agreed action plans
CIPFA Thinks … 2
www.cipfa.org
The role of the Head of the Government Finance Profession needs to be
strengthened through:
 Being a full-time role based in HM Treasury
 Having a dotted line professional leadership relationship with all DGs
Finance, including input to their appraisals based on the quality of
information and other interactions with HMT
 Being directly involved in the development of the budgetary and
performance frameworks
 Finance being recognised as fundamental to the management of
Government rather than just another profession
 Ensuring the FM Model is run regularly in all main departments, and
having access to the results
 Evaluating the FM Model results to develop best practice guidance and
training
 Monitoring progress of FM Model implementation plans
 Coordinating CPD training to ensure balance and that FM weak spots are
addressed
CIPFA Thinks … 3
cipfa.org.ukwww.cipfa.org
What’s CIPFA already doing?
 Supporting finance professionals across government
― Training/CPD
― Conferences
― Talent Programmes
 Central Government Panel
 CIPFA FM Reviews
 Financial Management Panel
 Support Treasury/FLG
― review/consultation
― Talent programme
cipfa.org.ukwww.cipfa.org
What we plan to do
 Support HMT Review
 Use our pan public sector expertise to support
Government bodies – lead innovation and using unique
position to bring sectors together
 Be a champion for public service
 Promote good PFM across all sectors
 Start a debate about the role of the CFO and need for
protection of officials
Questions?

Contenu connexe

Tendances

Measuring performance: UK experience -- Simon Madden & Johannes Wolff, Unite...
Measuring performance:  UK experience -- Simon Madden & Johannes Wolff, Unite...Measuring performance:  UK experience -- Simon Madden & Johannes Wolff, Unite...
Measuring performance: UK experience -- Simon Madden & Johannes Wolff, Unite...OECD Governance
 
Richard Hext - Professional Profile
Richard Hext - Professional ProfileRichard Hext - Professional Profile
Richard Hext - Professional ProfileRichard Hext
 
Evaluating the performance of OECD Committees -- Kevin Williams, OECD Secreta...
Evaluating the performance of OECD Committees -- Kevin Williams, OECD Secreta...Evaluating the performance of OECD Committees -- Kevin Williams, OECD Secreta...
Evaluating the performance of OECD Committees -- Kevin Williams, OECD Secreta...OECD Governance
 
Performance Informed Budgeting and Spending Reviews in Canada - Marcia Santia...
Performance Informed Budgeting and Spending Reviews in Canada - Marcia Santia...Performance Informed Budgeting and Spending Reviews in Canada - Marcia Santia...
Performance Informed Budgeting and Spending Reviews in Canada - Marcia Santia...OECD Governance
 
Tools for spending review in Japan and Key performance indicator utilisation ...
Tools for spending review in Japan and Key performance indicator utilisation ...Tools for spending review in Japan and Key performance indicator utilisation ...
Tools for spending review in Japan and Key performance indicator utilisation ...OECD Governance
 
The need for improvement in Public Expenditure and Financial Accountability (...
The need for improvement in Public Expenditure and Financial Accountability (...The need for improvement in Public Expenditure and Financial Accountability (...
The need for improvement in Public Expenditure and Financial Accountability (...John Leonardo
 
Incentivising good performance - Friederike Schwarzendorfer, Austria
Incentivising good performance - Friederike Schwarzendorfer, AustriaIncentivising good performance - Friederike Schwarzendorfer, Austria
Incentivising good performance - Friederike Schwarzendorfer, AustriaOECD Governance
 
Incentivising good performance - Miguel Castro Coelho, Portugal
Incentivising good performance - Miguel Castro Coelho, PortugalIncentivising good performance - Miguel Castro Coelho, Portugal
Incentivising good performance - Miguel Castro Coelho, PortugalOECD Governance
 
Canada's experience: strengthening expenditure decision-making through better...
Canada's experience: strengthening expenditure decision-making through better...Canada's experience: strengthening expenditure decision-making through better...
Canada's experience: strengthening expenditure decision-making through better...OECD Governance
 
Delivering on results - Evidence-based decision making through better metrics...
Delivering on results - Evidence-based decision making through better metrics...Delivering on results - Evidence-based decision making through better metrics...
Delivering on results - Evidence-based decision making through better metrics...OECD Governance
 
Canadian Best Practices in Measuring Efficiency, Effectiveness and Performa...
Canadian Best Practices in Measuring Efficiency, Effectiveness and Performa...Canadian Best Practices in Measuring Efficiency, Effectiveness and Performa...
Canadian Best Practices in Measuring Efficiency, Effectiveness and Performa...National Productivity Secretariat
 
Improving performance and accountability -- Measures in the Irish civil servi...
Improving performance and accountability -- Measures in the Irish civil servi...Improving performance and accountability -- Measures in the Irish civil servi...
Improving performance and accountability -- Measures in the Irish civil servi...OECD Governance
 
Implementing Spending Reviews: Dilemmas and Choices by Martin Kelleners
Implementing Spending Reviews: Dilemmas and Choices by Martin Kelleners Implementing Spending Reviews: Dilemmas and Choices by Martin Kelleners
Implementing Spending Reviews: Dilemmas and Choices by Martin Kelleners OECD Governance
 
Incentivising good performance - Nowook Park, Korea
Incentivising good performance - Nowook Park, KoreaIncentivising good performance - Nowook Park, Korea
Incentivising good performance - Nowook Park, KoreaOECD Governance
 
Australian Performance Based Budgeting (PBB) – an outline of the steps taken ...
Australian Performance Based Budgeting (PBB) – an outline of the steps taken ...Australian Performance Based Budgeting (PBB) – an outline of the steps taken ...
Australian Performance Based Budgeting (PBB) – an outline of the steps taken ...Oswar Mungkasa
 
Workshop Session I: Public Expenditure Financial Accountability (PEFA) Assess...
Workshop Session I: Public Expenditure Financial Accountability (PEFA) Assess...Workshop Session I: Public Expenditure Financial Accountability (PEFA) Assess...
Workshop Session I: Public Expenditure Financial Accountability (PEFA) Assess...icgfmconference
 
Enhancing the Finance Function in Line Ministries - Jon Blöndal, OECD
Enhancing the Finance Function in Line Ministries - Jon Blöndal, OECDEnhancing the Finance Function in Line Ministries - Jon Blöndal, OECD
Enhancing the Finance Function in Line Ministries - Jon Blöndal, OECDOECD Governance
 
Publilc sector productivity - Patrick Dunleavy, United Kingdom
Publilc sector productivity - Patrick Dunleavy, United KingdomPublilc sector productivity - Patrick Dunleavy, United Kingdom
Publilc sector productivity - Patrick Dunleavy, United KingdomOECD Governance
 
Budgeting in Chile - Camila Vammalle, OECD
Budgeting in Chile - Camila Vammalle, OECDBudgeting in Chile - Camila Vammalle, OECD
Budgeting in Chile - Camila Vammalle, OECDOECD Governance
 
Understanding progress to date in Ireland's reform of its budgetary architect...
Understanding progress to date in Ireland's reform of its budgetary architect...Understanding progress to date in Ireland's reform of its budgetary architect...
Understanding progress to date in Ireland's reform of its budgetary architect...OECD Governance
 

Tendances (20)

Measuring performance: UK experience -- Simon Madden & Johannes Wolff, Unite...
Measuring performance:  UK experience -- Simon Madden & Johannes Wolff, Unite...Measuring performance:  UK experience -- Simon Madden & Johannes Wolff, Unite...
Measuring performance: UK experience -- Simon Madden & Johannes Wolff, Unite...
 
Richard Hext - Professional Profile
Richard Hext - Professional ProfileRichard Hext - Professional Profile
Richard Hext - Professional Profile
 
Evaluating the performance of OECD Committees -- Kevin Williams, OECD Secreta...
Evaluating the performance of OECD Committees -- Kevin Williams, OECD Secreta...Evaluating the performance of OECD Committees -- Kevin Williams, OECD Secreta...
Evaluating the performance of OECD Committees -- Kevin Williams, OECD Secreta...
 
Performance Informed Budgeting and Spending Reviews in Canada - Marcia Santia...
Performance Informed Budgeting and Spending Reviews in Canada - Marcia Santia...Performance Informed Budgeting and Spending Reviews in Canada - Marcia Santia...
Performance Informed Budgeting and Spending Reviews in Canada - Marcia Santia...
 
Tools for spending review in Japan and Key performance indicator utilisation ...
Tools for spending review in Japan and Key performance indicator utilisation ...Tools for spending review in Japan and Key performance indicator utilisation ...
Tools for spending review in Japan and Key performance indicator utilisation ...
 
The need for improvement in Public Expenditure and Financial Accountability (...
The need for improvement in Public Expenditure and Financial Accountability (...The need for improvement in Public Expenditure and Financial Accountability (...
The need for improvement in Public Expenditure and Financial Accountability (...
 
Incentivising good performance - Friederike Schwarzendorfer, Austria
Incentivising good performance - Friederike Schwarzendorfer, AustriaIncentivising good performance - Friederike Schwarzendorfer, Austria
Incentivising good performance - Friederike Schwarzendorfer, Austria
 
Incentivising good performance - Miguel Castro Coelho, Portugal
Incentivising good performance - Miguel Castro Coelho, PortugalIncentivising good performance - Miguel Castro Coelho, Portugal
Incentivising good performance - Miguel Castro Coelho, Portugal
 
Canada's experience: strengthening expenditure decision-making through better...
Canada's experience: strengthening expenditure decision-making through better...Canada's experience: strengthening expenditure decision-making through better...
Canada's experience: strengthening expenditure decision-making through better...
 
Delivering on results - Evidence-based decision making through better metrics...
Delivering on results - Evidence-based decision making through better metrics...Delivering on results - Evidence-based decision making through better metrics...
Delivering on results - Evidence-based decision making through better metrics...
 
Canadian Best Practices in Measuring Efficiency, Effectiveness and Performa...
Canadian Best Practices in Measuring Efficiency, Effectiveness and Performa...Canadian Best Practices in Measuring Efficiency, Effectiveness and Performa...
Canadian Best Practices in Measuring Efficiency, Effectiveness and Performa...
 
Improving performance and accountability -- Measures in the Irish civil servi...
Improving performance and accountability -- Measures in the Irish civil servi...Improving performance and accountability -- Measures in the Irish civil servi...
Improving performance and accountability -- Measures in the Irish civil servi...
 
Implementing Spending Reviews: Dilemmas and Choices by Martin Kelleners
Implementing Spending Reviews: Dilemmas and Choices by Martin Kelleners Implementing Spending Reviews: Dilemmas and Choices by Martin Kelleners
Implementing Spending Reviews: Dilemmas and Choices by Martin Kelleners
 
Incentivising good performance - Nowook Park, Korea
Incentivising good performance - Nowook Park, KoreaIncentivising good performance - Nowook Park, Korea
Incentivising good performance - Nowook Park, Korea
 
Australian Performance Based Budgeting (PBB) – an outline of the steps taken ...
Australian Performance Based Budgeting (PBB) – an outline of the steps taken ...Australian Performance Based Budgeting (PBB) – an outline of the steps taken ...
Australian Performance Based Budgeting (PBB) – an outline of the steps taken ...
 
Workshop Session I: Public Expenditure Financial Accountability (PEFA) Assess...
Workshop Session I: Public Expenditure Financial Accountability (PEFA) Assess...Workshop Session I: Public Expenditure Financial Accountability (PEFA) Assess...
Workshop Session I: Public Expenditure Financial Accountability (PEFA) Assess...
 
Enhancing the Finance Function in Line Ministries - Jon Blöndal, OECD
Enhancing the Finance Function in Line Ministries - Jon Blöndal, OECDEnhancing the Finance Function in Line Ministries - Jon Blöndal, OECD
Enhancing the Finance Function in Line Ministries - Jon Blöndal, OECD
 
Publilc sector productivity - Patrick Dunleavy, United Kingdom
Publilc sector productivity - Patrick Dunleavy, United KingdomPublilc sector productivity - Patrick Dunleavy, United Kingdom
Publilc sector productivity - Patrick Dunleavy, United Kingdom
 
Budgeting in Chile - Camila Vammalle, OECD
Budgeting in Chile - Camila Vammalle, OECDBudgeting in Chile - Camila Vammalle, OECD
Budgeting in Chile - Camila Vammalle, OECD
 
Understanding progress to date in Ireland's reform of its budgetary architect...
Understanding progress to date in Ireland's reform of its budgetary architect...Understanding progress to date in Ireland's reform of its budgetary architect...
Understanding progress to date in Ireland's reform of its budgetary architect...
 

En vedette (13)

Timeline hunter gladwell
Timeline   hunter gladwellTimeline   hunter gladwell
Timeline hunter gladwell
 
приложение презентация живая память
приложение презентация живая памятьприложение презентация живая память
приложение презентация живая память
 
Ppc a iná reklama na facebooku
Ppc a iná reklama na facebookuPpc a iná reklama na facebooku
Ppc a iná reklama na facebooku
 
The future of local government, Rob Whiteman, LGC Summit 2013
The future of local government, Rob Whiteman, LGC Summit 2013The future of local government, Rob Whiteman, LGC Summit 2013
The future of local government, Rob Whiteman, LGC Summit 2013
 
CIPFA Nepal Presentation 20 March 2013
CIPFA Nepal Presentation 20 March 2013CIPFA Nepal Presentation 20 March 2013
CIPFA Nepal Presentation 20 March 2013
 
2179 8274-1-pb.gatti
2179 8274-1-pb.gatti2179 8274-1-pb.gatti
2179 8274-1-pb.gatti
 
Ebook ubuntu
Ebook ubuntuEbook ubuntu
Ebook ubuntu
 
School slide cambios
School slide cambiosSchool slide cambios
School slide cambios
 
Rob Whiteman presentation to CIPFA Brussels and the Federation of European Ac...
Rob Whiteman presentation to CIPFA Brussels and the Federation of European Ac...Rob Whiteman presentation to CIPFA Brussels and the Federation of European Ac...
Rob Whiteman presentation to CIPFA Brussels and the Federation of European Ac...
 
Face recognition using laplacian faces
Face recognition using laplacian facesFace recognition using laplacian faces
Face recognition using laplacian faces
 
Sanitarian DO
Sanitarian DOSanitarian DO
Sanitarian DO
 
Mustafa rizvi 21 03-2012-
Mustafa rizvi  21 03-2012-Mustafa rizvi  21 03-2012-
Mustafa rizvi 21 03-2012-
 
Student Information System ( S.I.S. )
Student Information System ( S.I.S.  )Student Information System ( S.I.S.  )
Student Information System ( S.I.S. )
 

Similaire à Rob Whiteman presentation to CIPFA Central Governmet Conference

Fiscal Planning and Public Finance Management Reforms
Fiscal Planning and Public Finance Management ReformsFiscal Planning and Public Finance Management Reforms
Fiscal Planning and Public Finance Management ReformsJean-Marc Lepain
 
Recent public financial management publications and other resources
Recent public financial management publications and other resourcesRecent public financial management publications and other resources
Recent public financial management publications and other resourcesicgfmconference
 
Developments in performance budgeting - Zulkhairil Amar Mohamad, Malaysia
Developments in performance budgeting - Zulkhairil Amar Mohamad, MalaysiaDevelopments in performance budgeting - Zulkhairil Amar Mohamad, Malaysia
Developments in performance budgeting - Zulkhairil Amar Mohamad, MalaysiaOECD Governance
 
Building better budgets - Helping governments strengthen PFM around the world
Building better budgets - Helping governments strengthen PFM around the worldBuilding better budgets - Helping governments strengthen PFM around the world
Building better budgets - Helping governments strengthen PFM around the worldArnauld Bertrand
 
Expenditure Allocation
Expenditure Allocation Expenditure Allocation
Expenditure Allocation Alma Sy-Patron
 
Medium term expenditure frame work (mtef)
Medium term expenditure frame work (mtef)Medium term expenditure frame work (mtef)
Medium term expenditure frame work (mtef)grubale
 
OECD best practices for performance budgeting - Jon BLÖNDAL, OECD
OECD best practices for performance budgeting - Jon BLÖNDAL, OECDOECD best practices for performance budgeting - Jon BLÖNDAL, OECD
OECD best practices for performance budgeting - Jon BLÖNDAL, OECDOECD Governance
 
OECD Best Practices for Performance budgeting - Ivor Beazley, OECD
OECD Best Practices for Performance budgeting - Ivor Beazley, OECDOECD Best Practices for Performance budgeting - Ivor Beazley, OECD
OECD Best Practices for Performance budgeting - Ivor Beazley, OECDOECD Governance
 
Best practices for performance budgeting - Ivor BEAZLEY, OECD
Best practices for performance budgeting - Ivor BEAZLEY, OECDBest practices for performance budgeting - Ivor BEAZLEY, OECD
Best practices for performance budgeting - Ivor BEAZLEY, OECDOECD Governance
 
NAP Training Viet Nam - Mainstreaming Climate Change Adaptation into Planning...
NAP Training Viet Nam - Mainstreaming Climate Change Adaptation into Planning...NAP Training Viet Nam - Mainstreaming Climate Change Adaptation into Planning...
NAP Training Viet Nam - Mainstreaming Climate Change Adaptation into Planning...UNDP Climate
 
Priority Based Budgeting - How to respond to Downturn and Austerity
Priority Based Budgeting - How to respond to Downturn and AusterityPriority Based Budgeting - How to respond to Downturn and Austerity
Priority Based Budgeting - How to respond to Downturn and AusterityMalcolm Anthony
 
Long-Term Financial Planning: Building The Case
Long-Term Financial Planning: Building The CaseLong-Term Financial Planning: Building The Case
Long-Term Financial Planning: Building The CaseKevin Knutson
 
Monitoring and Evaluation Framework
Monitoring and Evaluation FrameworkMonitoring and Evaluation Framework
Monitoring and Evaluation FrameworkMichelle Joja
 
Corporate Portfolio Management E&Y POV
Corporate Portfolio Management E&Y POVCorporate Portfolio Management E&Y POV
Corporate Portfolio Management E&Y POVNiresh Rajah
 

Similaire à Rob Whiteman presentation to CIPFA Central Governmet Conference (20)

Fiscal Planning and Public Finance Management Reforms
Fiscal Planning and Public Finance Management ReformsFiscal Planning and Public Finance Management Reforms
Fiscal Planning and Public Finance Management Reforms
 
Recent public financial management publications and other resources
Recent public financial management publications and other resourcesRecent public financial management publications and other resources
Recent public financial management publications and other resources
 
Developments in performance budgeting - Zulkhairil Amar Mohamad, Malaysia
Developments in performance budgeting - Zulkhairil Amar Mohamad, MalaysiaDevelopments in performance budgeting - Zulkhairil Amar Mohamad, Malaysia
Developments in performance budgeting - Zulkhairil Amar Mohamad, Malaysia
 
A case of rural finance programme - Zambia
A case of rural finance programme - Zambia A case of rural finance programme - Zambia
A case of rural finance programme - Zambia
 
Building better budgets - Helping governments strengthen PFM around the world
Building better budgets - Helping governments strengthen PFM around the worldBuilding better budgets - Helping governments strengthen PFM around the world
Building better budgets - Helping governments strengthen PFM around the world
 
Expenditure Allocation
Expenditure Allocation Expenditure Allocation
Expenditure Allocation
 
Medium term expenditure frame work (mtef)
Medium term expenditure frame work (mtef)Medium term expenditure frame work (mtef)
Medium term expenditure frame work (mtef)
 
OECD best practices for performance budgeting - Jon BLÖNDAL, OECD
OECD best practices for performance budgeting - Jon BLÖNDAL, OECDOECD best practices for performance budgeting - Jon BLÖNDAL, OECD
OECD best practices for performance budgeting - Jon BLÖNDAL, OECD
 
OECD Best Practices for Performance budgeting - Ivor Beazley, OECD
OECD Best Practices for Performance budgeting - Ivor Beazley, OECDOECD Best Practices for Performance budgeting - Ivor Beazley, OECD
OECD Best Practices for Performance budgeting - Ivor Beazley, OECD
 
Best practices for performance budgeting - Ivor BEAZLEY, OECD
Best practices for performance budgeting - Ivor BEAZLEY, OECDBest practices for performance budgeting - Ivor BEAZLEY, OECD
Best practices for performance budgeting - Ivor BEAZLEY, OECD
 
NAP Training Viet Nam - Mainstreaming Climate Change Adaptation into Planning...
NAP Training Viet Nam - Mainstreaming Climate Change Adaptation into Planning...NAP Training Viet Nam - Mainstreaming Climate Change Adaptation into Planning...
NAP Training Viet Nam - Mainstreaming Climate Change Adaptation into Planning...
 
SKK FINANCIAL MANAGEMENT REFORMS IN INDIA
SKK FINANCIAL MANAGEMENT REFORMS IN INDIASKK FINANCIAL MANAGEMENT REFORMS IN INDIA
SKK FINANCIAL MANAGEMENT REFORMS IN INDIA
 
Priority Based Budgeting - How to respond to Downturn and Austerity
Priority Based Budgeting - How to respond to Downturn and AusterityPriority Based Budgeting - How to respond to Downturn and Austerity
Priority Based Budgeting - How to respond to Downturn and Austerity
 
Speech, Avdullah Hoti, SIGMA, Paris, 4 December 2015
Speech, Avdullah Hoti, SIGMA, Paris, 4 December 2015Speech, Avdullah Hoti, SIGMA, Paris, 4 December 2015
Speech, Avdullah Hoti, SIGMA, Paris, 4 December 2015
 
Long-Term Financial Planning: Building The Case
Long-Term Financial Planning: Building The CaseLong-Term Financial Planning: Building The Case
Long-Term Financial Planning: Building The Case
 
SIGMA Presentation of the PIFC Gap Analysis 29 June 2015
SIGMA Presentation of the PIFC Gap Analysis 29 June 2015SIGMA Presentation of the PIFC Gap Analysis 29 June 2015
SIGMA Presentation of the PIFC Gap Analysis 29 June 2015
 
Types Of Budgets
Types Of BudgetsTypes Of Budgets
Types Of Budgets
 
Monitoring and Evaluation Framework
Monitoring and Evaluation FrameworkMonitoring and Evaluation Framework
Monitoring and Evaluation Framework
 
11 wectorial work group
11 wectorial work group11 wectorial work group
11 wectorial work group
 
Corporate Portfolio Management E&Y POV
Corporate Portfolio Management E&Y POVCorporate Portfolio Management E&Y POV
Corporate Portfolio Management E&Y POV
 

Dernier

Hungarys economy made by Robert Miklos
Hungarys economy   made by Robert MiklosHungarys economy   made by Robert Miklos
Hungarys economy made by Robert Miklosbeduinpower135
 
MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.Arifa Saeed
 
Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024Guillaume Ⓥ Sarlat
 
Stock Market Brief Deck for 3/22/2024.pdf
Stock Market Brief Deck for 3/22/2024.pdfStock Market Brief Deck for 3/22/2024.pdf
Stock Market Brief Deck for 3/22/2024.pdfMichael Silva
 
CLMV-Outlook-March-2024-ENG-20240327.pdf
CLMV-Outlook-March-2024-ENG-20240327.pdfCLMV-Outlook-March-2024-ENG-20240327.pdf
CLMV-Outlook-March-2024-ENG-20240327.pdfSCBEICSCB
 
India Economic Survey Complete for the year of 2022 to 2023
India Economic Survey Complete for the year of 2022 to 2023India Economic Survey Complete for the year of 2022 to 2023
India Economic Survey Complete for the year of 2022 to 2023SkillCircle
 
ACADEMIC BANK OF CREDIT: A WORLDWIDE VIEWPOINT
ACADEMIC BANK OF CREDIT: A WORLDWIDE VIEWPOINTACADEMIC BANK OF CREDIT: A WORLDWIDE VIEWPOINT
ACADEMIC BANK OF CREDIT: A WORLDWIDE VIEWPOINTindexPub
 
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.KumarJayaraman3
 
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGeckoRWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGeckoCoinGecko
 
LIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptxLIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptxsonamyadav7097
 
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdfLundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdfAdnet Communications
 
Stock Market Brief Deck for March 26.pdf
Stock Market Brief Deck for March 26.pdfStock Market Brief Deck for March 26.pdf
Stock Market Brief Deck for March 26.pdfMichael Silva
 
The CBR Covered Bond Investor Roundtable 2024
The CBR Covered Bond Investor Roundtable 2024The CBR Covered Bond Investor Roundtable 2024
The CBR Covered Bond Investor Roundtable 2024Neil Day
 
Taipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
Taipei, A Hidden Jewel in East Asia - PR Strategy for TourismTaipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
Taipei, A Hidden Jewel in East Asia - PR Strategy for TourismBrian Lin
 
The Power Laws of Bitcoin: How can an S-curve be a power law?
The Power Laws of Bitcoin: How can an S-curve be a power law?The Power Laws of Bitcoin: How can an S-curve be a power law?
The Power Laws of Bitcoin: How can an S-curve be a power law?Stephen Perrenod
 

Dernier (20)

Hungarys economy made by Robert Miklos
Hungarys economy   made by Robert MiklosHungarys economy   made by Robert Miklos
Hungarys economy made by Robert Miklos
 
MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.
 
Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024
 
Stock Market Brief Deck for 3/22/2024.pdf
Stock Market Brief Deck for 3/22/2024.pdfStock Market Brief Deck for 3/22/2024.pdf
Stock Market Brief Deck for 3/22/2024.pdf
 
Effects & Policies Of Bank Consolidation
Effects & Policies Of Bank ConsolidationEffects & Policies Of Bank Consolidation
Effects & Policies Of Bank Consolidation
 
CLMV-Outlook-March-2024-ENG-20240327.pdf
CLMV-Outlook-March-2024-ENG-20240327.pdfCLMV-Outlook-March-2024-ENG-20240327.pdf
CLMV-Outlook-March-2024-ENG-20240327.pdf
 
India Economic Survey Complete for the year of 2022 to 2023
India Economic Survey Complete for the year of 2022 to 2023India Economic Survey Complete for the year of 2022 to 2023
India Economic Survey Complete for the year of 2022 to 2023
 
ACADEMIC BANK OF CREDIT: A WORLDWIDE VIEWPOINT
ACADEMIC BANK OF CREDIT: A WORLDWIDE VIEWPOINTACADEMIC BANK OF CREDIT: A WORLDWIDE VIEWPOINT
ACADEMIC BANK OF CREDIT: A WORLDWIDE VIEWPOINT
 
Commercial Bank Economic Capsule - March 2024
Commercial Bank Economic Capsule - March 2024Commercial Bank Economic Capsule - March 2024
Commercial Bank Economic Capsule - March 2024
 
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
 
Mobile Money Taxes: Knowledge, Perceptions and Politics: The Case of Ghana
Mobile Money Taxes: Knowledge, Perceptions and Politics: The Case of GhanaMobile Money Taxes: Knowledge, Perceptions and Politics: The Case of Ghana
Mobile Money Taxes: Knowledge, Perceptions and Politics: The Case of Ghana
 
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGeckoRWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
 
LIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptxLIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptx
 
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdfLundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
 
Stock Market Brief Deck for March 26.pdf
Stock Market Brief Deck for March 26.pdfStock Market Brief Deck for March 26.pdf
Stock Market Brief Deck for March 26.pdf
 
The CBR Covered Bond Investor Roundtable 2024
The CBR Covered Bond Investor Roundtable 2024The CBR Covered Bond Investor Roundtable 2024
The CBR Covered Bond Investor Roundtable 2024
 
Taipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
Taipei, A Hidden Jewel in East Asia - PR Strategy for TourismTaipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
Taipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
 
Digital Financial Services Taxation in Africa
Digital Financial Services Taxation in AfricaDigital Financial Services Taxation in Africa
Digital Financial Services Taxation in Africa
 
Monthly Economic Monitoring of Ukraine No.230, March 2024
Monthly Economic Monitoring of Ukraine No.230, March 2024Monthly Economic Monitoring of Ukraine No.230, March 2024
Monthly Economic Monitoring of Ukraine No.230, March 2024
 
The Power Laws of Bitcoin: How can an S-curve be a power law?
The Power Laws of Bitcoin: How can an S-curve be a power law?The Power Laws of Bitcoin: How can an S-curve be a power law?
The Power Laws of Bitcoin: How can an S-curve be a power law?
 

Rob Whiteman presentation to CIPFA Central Governmet Conference

  • 2. www.cipfa.org Agenda  Landscape / challenges  CIPFA Thinks …  What CIPFA is already doing  What we plan to do?
  • 4. www.cipfa.org NAO report - Improvements in Government FM  Greater recognition of the strategic importance of the finance profession  Finance Leadership Group has established the Finance Transformation Programme to position finance at the centre of decision-making  Qualified finance professionals are better represented at senior levels in Whitehall  Improvements in key financial processes, such as the Clear Line of Sight and WGA initiatives  Government taking positive steps with the aim of improving management information.
  • 5. www.cipfa.org NAO report - Scale of FM challenges  Redesigning and transforming public services so they operate sustainably in context of further spending reductions and demand increases.  Treasury to provide more effective central leadership, to support public bodies in providing services at permanently lower cost.  Chances of success much greater if financial managers are central to decision-making.  Integrate FM fully within processes to design and implement effective target operating models  Financial impacts of all options should be key factor in decision-making by finance and non-finance professionals alike.
  • 6. www.cipfa.org How HMT can within existing budgets and preserving single point accountability to Parliament for financial stewardship that the accounting officer provides  Improve quality and consistency of management information flows between Treasury and departments to ensure these are of the right quality to enable effective risk-management and decision making across Government  Strengthen the role of the Head of the Government Finance Profession in promoting and assuring improved financial capability – skills, systems and processes – across government (considering also the interaction of this role with the Treasury) HMT FM Review - 1
  • 7. www.cipfa.org HMT FM Review - 2 How HMT can within existing budgets and preserving single point accountability to Parliament for financial stewardship that the accounting officer provides  Ensure right levels of delegated authorities and approvals are in place to ensure both tight spending control and appropriate flexibility for those departments with proven financial management capability  Create a more streamlined, coherent set of central appraisal and approval process for projects and programmes outside those delegations 7
  • 8. www.cipfa.org CIPFA Thinks … 1 Capital and revenue expenditure decisions must be taken in a coherent and joined-up way that is proportionate to the level of financial and other risks involved in both the short and longer terms by:  Being set in the context of short, medium and long term financial and delivery risks  Considering capital and revenue impacts together  Replacing fixed delegation limits with ranges  Linking delegation levels with risk assessments  Drawing on FM model outputs and relevant internal and external audit reports  HMT matching skills and experience to the risk and complexity of departments  Requiring medium term expenditure frameworks from all major departments
  • 9. www.cipfa.org The quality and consistency of management information flows between departments and the Treasury needs to be improved through:  Appropriations on the basis of output targets  Increased use of shared services  Widespread adoption of the Common Chart of Accounts  Mid-year closedowns and coordinated intra-government balance agreement processes  Incentivising accurate expenditure and cash flow forecasting  Publishing FM Model assessments and agreed action plans CIPFA Thinks … 2
  • 10. www.cipfa.org The role of the Head of the Government Finance Profession needs to be strengthened through:  Being a full-time role based in HM Treasury  Having a dotted line professional leadership relationship with all DGs Finance, including input to their appraisals based on the quality of information and other interactions with HMT  Being directly involved in the development of the budgetary and performance frameworks  Finance being recognised as fundamental to the management of Government rather than just another profession  Ensuring the FM Model is run regularly in all main departments, and having access to the results  Evaluating the FM Model results to develop best practice guidance and training  Monitoring progress of FM Model implementation plans  Coordinating CPD training to ensure balance and that FM weak spots are addressed CIPFA Thinks … 3
  • 11. cipfa.org.ukwww.cipfa.org What’s CIPFA already doing?  Supporting finance professionals across government ― Training/CPD ― Conferences ― Talent Programmes  Central Government Panel  CIPFA FM Reviews  Financial Management Panel  Support Treasury/FLG ― review/consultation ― Talent programme
  • 12. cipfa.org.ukwww.cipfa.org What we plan to do  Support HMT Review  Use our pan public sector expertise to support Government bodies – lead innovation and using unique position to bring sectors together  Be a champion for public service  Promote good PFM across all sectors  Start a debate about the role of the CFO and need for protection of officials

Notes de l'éditeur

  1. Govt’s business has always been challenging. In these unprecedented times of fiscal contraction– we’ve all seen the challenges…