course is aim at participants new to MOD finance or to non finance staff either
managing finance staff and/or holding financial delegation and want an
appreciation of MOD finance processes and systems available. These fundamentals
will provide staff with the building blocks of finance and provide the necessary
behaviours and self-confidence, to progress further in the finance function.
This course is a foundation level course,
ideal for those new to the Funding and Financial aspects of Government and
You will learn/develop:
- Parliamentary Funding and the Treasury Control Framework.
- Explain how CDEL/RDEL relate to Statement of Financial Position (SoFP)/Statement of Comprehensive Net Expenditure (SoCNE).
- Describe a range of financial concepts and processes and their effect on accounting with the Department - inc VAT, Foreign Exchange (For Ex), fuels, control accounts, debt management.
- Explain the principles of double entry bookkeeping/ledger accounting and how they link into the MoD accounts.
This course forms the start of a career
pathway in finance. Completion of this
course will enable delegates to be able to attempt the Finance Skills
Certificate Foundation course which is a pre-requisite of holding a letter of
There are no restrictions for this course.
There are no exemptions for this course.
There is no prior knowledge or pre-requisites required for this course
This course is suitable for Military Personnel, MOD Civil Servants and Industry staff working with the MOD.