The new Professional Certificate in Infrastructure Financial Management (ProCert IFM) equips asset and finance management professionals with capabilities to achieve required infrastructure management objectives.
Continue your professional development and build your capability to lead your organisation in providing financially sustainable service delivery from Infrastructure.
This new Professional Certificate in Infrastructure Financial Management course will reference the 2020 edition of the internationally acclaimed International Infrastructure Financial Management Manual (IIFMM), the go-to publication for infrastructure finance management globally.
- Over 6 modules you will learn global best-practice from internationally renowned experts.
- Built for busy professionals looking to fast-track their development, delivered via a mix of online content, videos and coursework.
- Gain the capability to work across your organisation linking asset management planning and financial management planning to achieve service objectives.
The course will reference the IPWEA International Infrastructure Financial Management Manual (IIFMM) and will be aligned with International Accounting Standards and Financial Reporting Standards (IFRS and, IS055010) thus achieving relevancy both in Australasia and Internationally.
Learn how to:
- Adopt a stewardship approach to managing infrastructure,
- Progress from annual budgeting to long-term financial planning,
- Use suitable financial management reporting to inform long-term decision,
- Apply the IPWEA NAMS+ industry tools, templates and publications.
We Spoke to course mentor, Allen Mapstone about the course context:
Q: What are the key objectives for this new Professional Certificate?
A: The key objectives of the Professional Certificate in Infrastructure Financial Management are to establish the importance of infrastructure stewardship responsibilities and then how to meet this stewardship responsibility through the integration of asset management and financial management planning.
An essential aspect of this integration is to develop an appropriate Financial Strategy with informative measures to guide long-term decision making. These processes underly much of the content and activities within the course.
Q: Is the course going to cover accounting practices?
A: Although the course will touch on the key accounting principles associated with infrastructure, looking at the detailed accounting processes is not intended. In fact, given the specifics of the accounting requirements in different jurisdictions, it is unlikely that level of detail could be delivered successfully.
What is intended, is to develop a strong understanding of the financial strategy and long-term financial planning required to inform decision making and achieve infrastructure sustainability.
Q: Who is this course intended for?
A: The course is perfect for anyone who manages public infrastructure assets and for asset and finance management professionals who want to ensure the advice that they give decision makers points in the same direction, is reliable and consistent.