Understanding the 4 W's in Budgeting: Who, What, When, and Which?

Overview

This session introduces a structured approach to government budgeting using the four W’s: Who, What, When, and Which. Participants will explore WHO should be involved in the budgeting process, including internal teams and external stakeholders, while learning effective communication strategies to foster collaboration. The session examines WHAT the budgeting process entails, covering essential phases, components, legal requirements, and common challenges. Attendees will also learn WHEN to engage the public through strategic planning, workshops, and outreach initiatives. Finally, the session highlights WHICH departments play key roles, from financial planning to managing capital projects. By the end of this session, participants will have a comprehensive understanding of government budgeting and how to align financial planning with community priorities.

Highlights

• Auditing & Accounting
• Yellowbook
• Budget Process

Prerequisites

None

Designed For

Accounting Professionals

Objectives

• Identify who should be involved in the budget process
• Recall the key components and legal requirements for the budget process
• Identify when public engagement should occur in the budget process and how to engage the public
• Recognize who on the internal team is responsible for different components of the budget process

Preparation

None