BIS FINANCE 2020

BIS and Partner Organisations Finance Academy – June 2016

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EVENT BIS Finance Academy - Accounting Standards Update

BIS Finance are running a our annual Accounting Standards Update event for qualified and part-qualified finance staff again this year (with places available on a first come, first served basis).  Topics covered will include:• Overview of Government Reporting Issues• International Financial Reporting Standards

-Refresher-Updates – Overview of recent developments-Updates – How standards are/will be changing

• Overview of the private sector in the UK and IrelandDate: Thursday 21st July (September date in Swindon to follow)Location: 1 Victoria Street, London.

How to register: Please email BIS Finance 2020 with your name, grade and organisation.

Our Capability offer to youWe want to hear from you if you have any L&D which can be shared across the finance function, or any areas of development missing from our offer.If you have any questions, please contact the BISFinance2020 Mailbox

VAT/PAYE e-learning

An e-learning product developed by the GFA giving all Finance staff an appreciation of the subjects so that you can guide your businesses - essential to get right and very costly to get wrong; and if you're unsure who to ask for help!

For further information visit: Civil Service Learning

Find out more about these L&D opportunities and more by joining our BIS Finance LinkedIn page

PROFESSIONAL INSTITUTES - UPCOMING EVENTS

All the major training providers regularly hold free events, which are an excellent opportunity for networking and to learn about the latest developments in the financial, accounting and commercial sector.

Please follow the links for more detail, and book directly with the Institute:June July August

Government Finance Profession - Career Pathways

What type of skills and experience do I need to perform well in this role? Do I need a qualification? What competencies should I demonstrate at a particular grade?

If these are questions you are asking yourself, the Career Pathways framework will help you to gain a flavour of the key skills, experience and competencies required at each grade. More specifically, the framework shows composite roles that are grouped into three job families job families — Strategic Finance; Financial Control & Operations; and Business Partnering & Change. Career Pathways illustrate the opportunities available to you in Government Finance and the wider Civil Service. This framework also signposts appropriate learning available to you.

For more information: See attached Career Pathways SlideNEW Government Financer Summer School – Technical Training

The Government Finance Academy, in partnership with EY, are providing limited places for a ‘Summer School’.   These events will focus in depth on the IFRS accounting standards which impact most on central government. The content covered will be similar to our own BIS Accountancy Standards update, but the dates and locations may suit your preferences. This year’s summer school is a pilot scheme which we will be looking to join next year.The venues have been arranged for the following dates:05/09/16 – Leeds, 14/09/16 – London, 15/09/16 – Bristol, 19/09/16 – LondonClosing date for applications: COP 24th June

How to register: Please email the BIS Finance 2020 mailbox

NEW Cross-government Talent Schemes now open!

FLS and SLS are cross-government talent schemes for high potential G6/7 (FLS) and deputy directors (SLS) across the Civil Service and Arms Length Bodies.

The schemes provide a formal leadership development curriculum that enables participants to accelerate their learning and develop their personal leadership effectiveness. The expectation remains that candidates are on the top line of the nine-box grid. For more information: Please email the BIS Finance 2020 mailbox

BIS FINANCE 2020

BIS and Partner Organisations Finance Academy – CPD offer

LinkedIn Find out more about CPD opportunities and more by joining our BIS Finance LinkedIn page

NEW Free pocket guide to IFRS

The International Accounting Standards Board does a free pocket guide to IFRS.It is about 200 pages long  - which does not sound very ‘pocket’. But in fact a very large part of the book is taken up with a guide to what countries use IFRS. The really useful part for BIS accountants and trainee accountants will be just 25 pages (approx.) i.e. pages 174 – 200. These pages give short summaries of all of the current International Financial Reporting Standards, and so are good for revision, learning, etc. Because it is all done and approved by IASB then people can be confident in the content.

The new version is just out  - you can locate it: here

NEW Software Demo Day at ACCA HQ in London

A free opportunity for finance people to review a variety of accounting related software. The  ACCA is hosting a demo day on 24 June offering hands-on experience of a variety of software solutions currently on the market – e.g. Sage, Exact, MyFirmsApp, FreeAgent, Microsoft, Adaptive Insights and IBM. There are morning (breakfast) and afternoon (lunch) sessions.

You can find more information about it and register: Here

NEW Accountancy Salon

Accountancy Salon is a new series of discussion events organised by the Institute of Chartered Accountants England and Wales (ICAEW).They provide a space for an advanced debate on the complex and dynamic role of the accounting profession in contemporary society. Each session focuses on a specific theme and features brief talks by an invited panel and an open discussion with a cross-disciplinary audience. The first event is about blockchain technology (the IT behind bitcoin) and is on 20 June 2016.

You can access details for this and other events: Here or contact Martin.Martinoff@icaew.com

Understanding Financial Crime

The module on Understanding Financial Crime is taken from Preventing Financial Crime by John Taylor. Take a look at what comprises financial crime, the different types of crime that are committed as well as their potential warning signs. This course also introduces some key issues: money laundering, bribery and corruption.

To find out more information about the full course, which is the equivalent of 4hrs CPD, Cick here.

New Breughel Publications

Breughel are a Brussels based economics think tank. They don’t really have any political affiliation but they do for obvious reasons tend to be very pro-EU etc. But the interesting thing for BIS people (and not just economists) is that they do good quality think pieces about various sectors or current issues in industry, finance, business, etc. – see e.g. the piece about parcels delivery below. You can sign up to get their email publications for free, and of course you only read them if the topic is of interest.

For more information and to sign up please visit: Breughel Publications

Our Capability offer to youWe want to hear from you if you have any CPD which can be shared across the finance function, or any areas of development missing from our offer.If you have any questions, please contact the BISFinance2020 Mailbox

EVENT Great British Business Show

The Great British Business Show is a free annual business exhibition offering a wealth of opportunity, advice and information crucial for ongoing business growth within a challenging economy. It attracts businesses from a cross-section of industries – i.e. there are stands staffed by a wide variety of firms and sectors which could be of interest to BIS staff. There is also a very wide range of seminars which could be useful for information gathering, CPD purposes (where applicable) or simply for personal development (e.g. the motivational sessions).

For more information and for tickets please visit: Great British Business Show

BIS FINANCE 2020

BIS and Partner Organisations Finance Academy - Career PathwaysWhat type of skills and experience do I need to perform well in this role? Do I need a qualification? What competencies should I demonstrate at a particular grade?

If these are questions you are asking yourself, the Career Pathways framework will help you to gain a flavour of the key skills, experience and competencies required at each grade. More specifically, the framework shows composite roles that are grouped into three job families job families — Strategic Finance; Financial Control & Operations; and Business Partnering & Change.

Career Pathways illustrate the opportunities available to you in Government Finance and the wider Civil Service. This framework also signposts appropriate learning available to you

Once you have explored the career pathways, you can use the Career Planner Tool. This tool has been designed to help structure your thinking on the most effective ways to accelerate your finance career development through learning. It is intended to be used by you to prepare yourself for conversations with your manager and to provide structure for those career development conversations. The Career Pathways website clearly lays out how you should prepare for these conversations and how then you can prepare to use the Career Planner Tool.

The Career Planner Tool itself is in two sections. The top section is where you make a note of your current role, your target role, and the length of time it may take to reach your target role. The lower section is where you record your learning needs. Once you have completed the tool, you can then share it with your manager.

You can access the Career Pathways website here . The Career Planner Tool can be downloaded from here. If you have any questions, please consult the guidance here. If you cannot access CSL, please email for guidance.