Budget Holder Financial Training
Civil servants who are responsible for holding and monitoring a budget should have to demonstrate core requirements in financial literacy and an understanding of how public spending operates, including what is expected of them according to the core guidance contained in 'Managing Public Money Northern Ireland'. The Inquiry recommends that the financial training requirements for budget holders be reviewed and updated.
How was this assessed?
Response
Accepted
Response
Accepted[Note: The NI Executive responded to recommendations 19-23, 29-33 together as a group under the 'Governance and Financial Controls' theme.] Accepted in full. Addressed through the delivery of an online package of Public Expenditure training for both budget holders and general-service grades. Finance training programs established; specialist expertise development ongoing.
Progress Timeline
NIAO Second Progress Report (October 2024): Implemented. Budget holder financial training requirements addressed.