Finance (Public Spending Code) Webinar, Friday, 25 June 2021 at 1:30pm. Reporting on and Communicating Public Spending and Investments: A Transatlantic Perspective
There is a continuing and arguably more heightened scrutiny on public spending generally and on capital and infrastructure projects in particular. As a set of rules, procedures, and guidance to ensure Value for Money in public expenditure, the Public Spending Code is the key governance and assurance process for public investments, as informed by national and international best practice. New provisions, in effect from 2020, require tighter governance of key decision points in projects, ongoing updating of the business case of a project as it proceeds through its lifecycle, and continued scrutiny of affordability throughout the process.
The obligations on those with responsibility for material expenditure programmes, project managers, project sponsors and those in governance and leadership positions are significant and the public audit and accountability requirements necessitate detailed knowledge and understanding of the Code.
Drawing on international best practice and learnings from the United States, this special topic webinar will explore a range of areas including protocols to support reporting demands of codes governing capital projects and information needs of key decision-makers, senior management and boards.
Led by Deirdre Bane, Senior Finance Specialist, this one-hour webinar will feature Hugh O'Neill, a 40 year veteran of capital project assessment from New York.
Mr O'Neill holds a PhD in political science from Columbia University has served as Deputy Secretary to the Governor for Economic Development under New York State Governors Hugh Carey and Mario Cuomo (1979 – 1985), and Assistant Executive Director of the Port Authority of New York and New Jersey, where his responsibilities included management of the Authority’s annual business planning and capital planning processes.
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