Financial Professional Development Program Review
By Tim Duhamel, Stephanie Porter
A full review of the Bloom financial professional development program, and highlights of the six key streams of professional development required for municipal finance.
Covers the six key streams of professional development required for municipal finance:
- Leadership/Management – and how it is essential for municipalities to be successful
- Budget – how developing new strategies and budgeting methods in today’s challenging economic climate is crucial to ensuring long term financial sustainability
- Reporting – an essential function for all municipalities, learn about the financial reporting requirements in the municipal reporting framework
- Treasury/Risk – how treasury management ensures that money is properly managed, tracked and accounted for
- Audit – develop an understanding of the audit cycle and timeline, with an overview of key milestones and deliverables in the Audit stream
- Technical/Skills – how having a wide array of skills is critical for today’s municipal financial officer
PD Credits: 1.5
Updated: June 11, 2020
About the Author
Tim Duhamel is the founder and President of Bloom Centre of
He is a municipal veteran whose career has spanned over 21 years.
His passion is creating educational material and conducting lectures for municipal professionals. He has lectured as far away as Kiev, Ukraine for the Federation of Canadian Municipalities.
About the Author
Stephanie Porter is a Chartered Professional Accountant (CPA, CA) and
external auditor with Metrix Group LLP.
She has a passion for education and is a course developer and instructor for the University of Alberta in addition to her work at Bloom.
She is the lead Associate of curriculum development and instruction for Bloom’s reporting and audit stream.
A full review of the Bloom financial professional development program, and highlights of the six key streams of professional development required for municipal finance:
Learn about the six key streams of professional development required for municipal finance:
Leadership/Management – Leadership is often misunderstood but is essential for municipalities to be successful! For a municipality to reach its goals, leadership must be well understood and exercised at all levels of the organization.
Budget – Today’s economic climate has become extremely challenging for municipalities. Developing new strategies and learning new budgeting methods to prepare for and overcome financial challenges is crucial to ensure long term financial sustainability.
Reporting – Financial reporting is an essential function for all municipalities. The financial state of operations, capital projects, surplus and debt are just a few examples of financial reporting requirements in the municipal reporting framework.
Treasury/Risk – The security of the municipal purse is paramount to ensuring municipalities can pay for essential services while achieving long-term goals and objectives. Treasury management ensures that money is properly managed, tracked and accounted for in an effective and efficient manner.
Audit – Develop an understanding of the audit cycle and timeline (planning, execution, reporting) with an overview of key milestones and deliverables at each stage of the audit cycle in the Audit stream.
Technical/Skills – Excel skills, people skills, time management, organizational skills, political acumen – having a wide array of skills is critical for today’s municipal financial officer.
Who Should Attend?
Any municipal financial professionals and senior executives from small, medium, or large municipalities.
All municipal financial officers will benefit from having a fundamental understanding and core knowledge of all financial processes.
BLOOM can customize courses for your needs.
Some topics include:
Questions? Get in touch…