Public sector finance

Original to this reference.

Levels

1. Awareness

You can:

• explain that the organisation spends public money and must account for it
• explain the difference between capital and revenue spending

2. Working

You can:

• apply the organisation's capital and revenue rules to everyday spending
• explain how funding allocations and spending limits affect your area
• recognise spending that needs approval from a funder or spending control

3. Practitioner

You can:

• advise managers on funding rules, including ring-fenced and time-limited funding
• manage capital and revenue limits for a programme or directorate
• prepare returns and evidence for funders and spending controls

4. Expert

You can:

• represent the organisation with funders and oversight bodies
• advise the board on regularity, propriety, and value for money
• shape funding agreements and financial regimes for the organisation's services

Closest ESCO skills

• public finance (close match)
• advise on public finance (close match)
• funding methods (broad match)

Contains ESCO v1.2.1 data (https://esco.ec.europa.eu/). © European Union. Reuse authorised under Commission Decision 2011/833/EU.

Role levels that expect this skill