Royal College of Surgeons in Ireland Coláiste Ríoga na Máinleá in Éirinn

Budgetary and Financial Management: Key Principles and Application

This CPD programme provides registered nurses and midwives with knowledge and a critical understanding of the key principles involved in the development, management and control of budgets and budgeting. The programme will cover financial planning from a real world perspective and cash flow reports and figures will be utilised, to provide participants with 'hands-on' training, to support their understanding of financial management. The programme will also provide a practical 'how-to guide' on developing business cases.

Programme duration 6 hours
Entry requirements Registered nurses and midwives
Accreditation
  • Faculty of Nursing & Midwifery, RCSI Continuing Nursing & Midwifery Education Units: 6 CNMEUs
  • Nursing & Midwifery Board of Ireland (NMBI) Continuing Education Units: 6 CEUs
Assessment No
Next available programme Check the programme calendar
Programme contact

Ms Catherine Clune Mulvaney, Operations & Education Manager, Faculty of Nursing & Midwifery, Royal College of Surgeons in Ireland

Fee

Programme aims

  • To provide registered nurses and midwives with up-to-date, evidenced based knowledge to critically develop nurses’ theoretical and practical understanding of budgeting and financial management.
  • To support registered nurses and midwives in enhancing their confidence, skills and competences, with regard to their role in budgeting and financial management.

Learning outcomes

At the end of this CPD programme, participants will be able to:
  • Critically discuss budgets, the budget process and the differing types.
  • Critically analyse the factors influencing budget design.
  • Critically discuss the steps in budget control, project costing, and budgeting issues.
  • Develop a critical appreciation of and read cash flow reports.
  • Critically discuss the steps in and types of financial planning.
  • Critically discuss the fundamentals of writing a business case.
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