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An essential seminar for those involved in public sector finance

KPMG’s CFO Advisory team are back again this year to help you through year-end with our 2021 virtual instalment of our Public Sector Finance and Reporting Seminar.

We have prepared a series of ‘bite-size’ recordings that you can watch at your convenience. The recordings align to the themes we heard were occupying your minds in our 2020 CFO Survey.

The seminar helps ensure you are ready for annual financial reporting, are on track for implementing new standards applicable in future years and provides you with insights into the future direction of finance and reporting in the public sector.




CFO and Finance team health and wellbeing

Emma Pratt, KPMG Partner and Brisbane Lead for the CFO Advisory Practice, and Andrew Dempster KPMG National Mental Health Advisory Lead discuss the impacts of the pandemic on our mental health and wellbeing, as well as providing practical strategies and actions that finance leaders can take to help navigate these challenges.




CFOs supporting the broad strategic objectives of the whole organisation

Michael Day, KPMG Partner and Perth Lead for the CFO Advisory Practice had an interview with Fiona Barclay, CFO of DevelopmentWA on how she ensures that the strategic approach of the organisation allows a rapid response to emerging opportunities. 




CFOs leading post-crisis cost management and rationalisation initiatives

Jason Collins, KPMG Director and Public Sector Lead for the CFO Advisory Practice in Melbourne, and Caroline Humphreys, Associate Director, provide insights into the opportunities to rationalise costs to help ensure the best use of public funds while delivering on key strategic and policy objectives. 




Reskilling finance teams for a more streamlined and automated future

Matthew King, KPMG Partner and Commonwealth Government Lead for CFO Advisory, and Adrian Flanagan, KPMG Director present on reskilling finance teams for a more streamlined and automated future, considering how finance teams need to adapt to an evolving environment while meeting ongoing objectives. This includes an overview of some of the technology solutions available to CFOs to help analyse, understand and report both financial and non-financial data. 




CFO responsibility for data quality beyond the financial realm

Andy Little, KPMG Director and Public Sector Lead for the CFO Advisory Practice in Sydney, discusses the continued expectation that finance teams provide more forward-looking insights and analysis for internal decision making and external reporting. CFOs are expected to be responsible for the quality of all business data, including non-financial data. In the Government context, this will be most commonly required to support outcomes-based budgeting and reporting.




Technical reporting update

Daina Klunder, KPMG Director and accounting change specialist, discusses key technical and reporting updates relevant to the public sector, including recent IFRIC/AASB decisions, lessons learned from the implementation of AASB 16, and other relevant topics such as cloud computing arrangement costs, fair value measurement, rate regulated activities and AASB 17 Insurance Contracts for the Public Sector.




Meet the team