New! Budgeting & Financial Management -11th October 10am to 1pm – In-person

Advanced Finance Training Programme – Session 2

What is a budget?

Budget setting

● Incremental budgeting
● Zero based budgeting

Budget Monitoring

● Fixed / Phased budgeting
● Variance analysis


Year end over / under spends

● Virements
● Rollover budgets


The General Reserve
○ Definition / Purpose
○ How to set the value of the General Reserve
Restricted Reserves
○ Capital Receipt Reserves/CIL
○ Earmarked Reserves


Course Tutor:  Kevin Rose IAC Audit and Consultancy Ltd (IAC)

Kevin is currently the owner and Director of IAC Audit and Consultancy Ltd (IAC) , a specialist provider of Internal Audit services to local Councils. IAC currently employs 3 full time staff and provides audit services to a large number of town and parish councils across England. IAC is now one of the largest providers of Internal Audit services to town and parish Councils.

In addition to significant Public Sector experience Kevin has worked in a number of senior roles in the Commercial Sector.

Kevin is a member of the Local Councils Internal Auditors Forum and was recently involved in the redrafting of Section 4 – ‘Best Practice for Internal Audit’ of The Practitioner’s Guide 2021.

Running time: 3 hours approximately depending on Q&A

Venue: Judges Lodgings, Aylesbury

Parking: Please scan the QR code below

Cancellation: A full refund will be given if 14 days or more notice prior to the date of the training course is given. However, this could cause an event to be cancelled if it becomes uneconomic to run.

Members £70  per ticket

Non-members £140 per ticket




Oct 11 2022


10:00 am - 1:00 pm
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