200 Elgin Street, Suite 1107
Ottawa, Ontario K2P 1L5
Tel: (613) 569-1158
Fax: (613) 569-4532

Capital Chapter

Professional Development (PD) Days

The Financial Management Institute's Capital Chapter is pleased to provide you with the new program brochure for the 2013-14

Professional Development (PD) year. The content is based on extensive stakeholder engagement to strategically approach training needs, identified by CFOs and DCFOs and align these needs with horizontal, objectives and new policy development from the center through consultation with the OCG. Our objective to provide relevant and current training to meet the needs of the financial community culminated in six (6) planned PD Days which were strategically selected to maximise value for participants.

Our sessions are primarily in English.  We strive to provide all PD Day presentations and documents and their posting to the website in both English and French. All participants to the PD Days are encouraged to ask questions in either English or French, the official languages of Canada.

FMI Capital Chapter - Program 2013-2014 

REGISTER NOW!

 

http://fmi.westernitgroup.com/login.aspx?chap_id=16

Transformation and Financial Challenges in 2013-2014 & Annual General Meeting

Thursday, September 26, 2013

Deputy Heads as Accounting Officers: Managing the Risks with Various Players in the Internal Control Universe & Special Members Meeting

Thursday, October 24, 2013

Investment Plans and Costing for Attestation

Thursday, January 23, 2014

Roles of the Financial Management Advisor: Providing Strategic Advice to Clients and CFOs

Thursday, February 27, 2014 SOLD OUT

How Government Works: Financial Management Process from Funding Initiation to Public Reporting

Thursday, May 22, 2014

The Road to CFO Model Implementation + Year-end Celebration

Wednesday, June 11, 2014

PD Day Cancellation Policy

Cancellation of your registration must be received by email up to 72 hours prior to the PD Day. If no cancellation notice is received, you will be invoiced. Please note that if you choose to send a replacement to the PD Day, the individual will be billed according to their membership status (member rate or non-member rate) not yours.

  

FMI Capital Chapter - Program 2013-2014

  

Investment Plans and Costing for Attestation

Thursday, January 23, 2014

Sponsored by:
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Nominations now open for The CPA Canada Awards of Excellence in Public Sector Financial Management

This third annual PD Day will tackle two important topics for financial officers: Investment Plans and Where They Are Heading, followed by Costing and Attestation and what this means to you.

We'll cover how Investment Planning is working as a resource allocation and alignment tool, and the current thinking and experiences in regards to policy from the Treasury Board Perspective.  We will also focus on the heightened expectations around costing, as contained in the new Guideline on Attestations issued in 2013.

Senior leaders from the Treasury Board and various departments will give you insights into the following:  the skills you need and roles you play as financial management professionals including those around building and working with an Investment Plan, and implementing best practice approaches to costing for program management and attestation .

Question to be discussed include: What are the challenges that departments are facing and what roles are investment plans playing in resource and project management? What does it mean for financial officers to meet the expectations of their superiors from immediate supervisors to the ADM, signing his or her name to the attestation that accompanies a document going to Cabinet? What role will the costing unit in the OCG play? How far short of the mark are we today - and how can we best position ourselves to reach it?

You can expect to leave this PD day with a solid understanding of the latest thinking and best practice in investment planning and costing for attestations. You can take these lessons back to your department and be better prepared for the daily challenges of working as a financial professional in government today.

Our Keynote Speaker is Liette Dumas-Sluyter, Assistant Commissioner, Corporate Services and Chief Financial Officer, Correctional Service Canada (CSC). Her topic is:

CSC's experience on the Implementation of its Investment Planning Framework

Agenda_January 23, 2014 - Investment Plans and Costing for Attestations

 

Roles of the Financial Management Advisor: Providing Strategic Advice to Clients and CFOs

Thursday, February 27, 2014 SOLD OUT

This PD Day was offered to the FI community for the first time last year, and was a huge success. It will again focus on the role of a Financial Management Advisor (FMA), its importance to organizational financial management and what it takes to be successful in this role. The FMA is the front-line function that connects the financial management organization to the client branches that they serve. For many organizations, the FMA is the department's only window into the financial management organization. Given the challenging times faced by the public sector and budget reductions, the qualities and skill sets needed for this role are changing quickly. Many stakeholders have developed new expectations of a FMA's role in relation to advisory, oversight, cash management, revenue, financial arrangements, investment planning, forecasting and budget management. There are expectations, complete with their own challenges, to develop value-added work approaches in an environment that favours streamlining and harmonization. Movement away from a transaction-based role to one that favours understanding your client's business and the Government of Canada's policy framework, as well as the ability to think and analyze strategically, are just some of the pre-requisites essential to this role.

This session will share examples of departmental successes and challenges in developing strong FMA organizations in the current environment. We will also hear testimonies from FMAs, their clients and community leaders who will define the qualities that they look for in providing quality financial advice. Understanding what it takes to meet the emerging expectations of the role is key in light of the CFO model: Analyst-Challenger-Advisor. Participants will gain an  understanding of these essential new skill sets and will establish a framework of personal action plans to foster the skills. We welcome FMAs, those who are served by FMAs and anyone aspiring to be an FMA sometime in their career to join us for this interactive PD Day.

Flyer - Roles of the Financial Management Advisor

Agenda_February 27, 2014 -  Role of the Financial Management Advisor -  Providing Strategic Advice to Clients

 

How Government Works: Financial Management Process from Funding Initiation to Public Reporting

Thursday, May 22, 2014

In this PD Day session we will examine the federal government's financial processes - how it meets Canadians' expectations that their government is to be financially well managed, and their expectation that there is reliable and transparent reporting on government spending of public funds. Participants will learn the key steps in the financial process, from funding initiation to public reporting, the financial roles, responsibilities and accountabilities of key stakeholders in the government's departments and agencies. Learn how the requirements for CFO Attestation will impact the government process and how the federal government's Open Data initiative may change the workings of government. Presenters will showcase the financial management framework, and will provide their perspectives and share their experiences. Attendees will learn about strategic and operational financial cycles and best practices!

The Road to CFO Model Implementation + Year-end Celebration

Wednesday, June 11, 2014

The federal government's financial management community is experiencing rebirth with the implementation of the requirements of the CFO model. This model is premised on the principle that a strong financial management organization, headed by a qualified professional, is critical to ensuring that Deputy Heads have the necessary support to undertake their new role as Accounting Officers (as designated under the 2006 Federal Accountability Act). The CFO is expected to play a number of key roles within the department: i) Strategist and leader: as a strategic advisor to the Deputy Head, the CFO is to provide objective advice since he/she has no vested interests in competing programs or operations; the CFO is a key player at the executive table as the department's financial planner, partner and integrator; and the CFO is the financial and program performance advisor to the Deputy Head, programs and business lines. ii) Stewardship: responsible for the risk and financial control framework, the CFO is also the scorekeeper, providing performance and financial accounting and reporting that integrates financial and non-financial information. The CFO is also meant to be the lead executive with central agencies and other stakeholders for all financial management reporting and disclosure. New policy and operational requirements are being introduced by central agencies to ensure the model is implemented. Participants in this session will hear from CFOs, DCFOs and thosesupporting these senior executives on the departmental implementation of the new requirements, such as CFO Attestation, new DM and ministerial responsibilities for user fees, and the new travel, hospitality and events policy. This session will walk you through the various departmental processes now required of financial practitioners in analyzing, challenging and producing business analytics to support these new requirements. Departmental experiences, lessons learned, details about collaboration with client organizations and securing success for your CFO, and discussions about  how "I" fit into the picture will be of interest to all members of the financial community, regardless of level.

 

Transformation and Financial Challenges in 2013-2014 & Annual General Meeting

Thursday, September 26, 2013

The financial community is at the forefront providing financial advice, analyses and risk-based recommendations to departmental managers, who strive to maximise shrinking budgets as departments and agencies embark on year two of the expenditure reduction journey (as announced in the Economic Action Plan - Budget 2012 and Budget 2013). Operating budgets are frozen, Strategic Review reductions are being implemented and the Administrative Service Review has resulted in the consolidation of government-wide IT Services in Shared Services Canada. The financial community is playing a leading role in the transformation of organizations. Presenters and panelists at the PD Day will share their personal experiences and insights about how their organizations are managing these challenges. Learn how to manage your career in the quickly changing public service. Financial management is a key ingredient to managerial success in a risk-free decision environment.

 

ANNUAL GENERAL MEETING (FREE EVENT)

Thursday, September 26, 2013 National Arts Centre, Panorama Room - 3:30 PM - 6:00 PM    This year's Annual General Meeting will be full of nice surprises, starting with 'hush', our surprise keynote speaker, and mystery gifts…everyone will leave with one! Current Members are eligible to vote in the AGM proceedings.  If you are not already a member of this wonderful organization, you may still attend, enjoy and learn how you could become involved.   Look forward to hearing from Sylvie Seguin and Jim Randal about this year's PD Week.    We hope to see you on September 26th, 2013, at 3:30 PM.  

Deputy Heads as Accounting Officers: Managing the Risks with Various Players in the Internal Control Universe & Special Members Meeting

Thursday, October 24, 2013

Both Parliament and Canadians expect the federal government to be well managed with the prudent stewardship of funds. To mitigate the risks associated with this management, departments are expected to establish and maintain broad systems of internal control. The 2006 Federal Accountability Act increased accountability  through the designation of Deputy Heads (DHs) as accounting Officers (Financial Administration Act Section 16.4 (1) b), the establishment of Departmental Audit Committees (DAC) and enhanced internal audit capacity. This session will highlight how the Comptroller General of Canada leverages this parliamentary direction and their mandate for both the financial management and audit sectors. This is to ensure the successful implementation (of the 2009 Treasury Board Policy on Internal Control (PIC), which directs an effective risk-based system of assurance of oversight of programs, operations, resource management and reliable financial reporting. Four years after Parliament instituted measures to ensure the establishment, maintenance, supervision and review of the departmental internal control universe, Deputy Heads are increasingly looking for ways to streamline their internal processes, especially in light of new initiatives that affect the CFO model. This PD Day will explore how increased collaboration between the two key OCG sectors - financial management and audit - is required to obtain the intended results. The implementation of an Internal Control over Financial Reporting (ICFR) framework, as directed by the PIC, highlights a key principle that a department's ICFR must be balanced with, and proportional to, the risks of a significant misstatement in the annual departmental financial statements. Departments are required to demonstrate rigor in their management and assessment of their ICFR, which in turn enables them to demonstrate the effectiveness of these internal controls. Find out how increased collaboration between financial management and the audit sector can help to attain these results, and how departments are assessing new initiatives such as CFO Attestation.

SPECIAL MEMBERS MEETING (FREE EVENT)

Thursday, October 24, 2013 National Arts Centre, Panorama Room - 3:30 PM - 6:00 PM

Roles of the Financial Management Advisor -

Providing Strategic Advice to Clients