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List of Knowledge Traits

Trait ID Knowledge Trait Descriptor

1

Business Modelling e.g. delivery approaches

2

Strategic/Business Planning

3

Budgeting, monitoring and Forecasting

4

Assets and Liabilities including working capital

5

Corporate governance; e.g. separation of duties and Internal control framework

6

Distinction between capital and resource budgets and expenditure

7

Government funding framework, e.g. spending reviews and fiscal strategy

8

Financial accountability; e.g. responsibility for regularity and propriety; delegated authority

9

Performance Indicators

10

Market economics

11

Investment appraisal inc. cost benefit analysis and business cases

12

Risk analysis and management

13

Interpretation of accounts

14

Balance sheet and operating cost statement

15

Key finance roles in Governement:e.g. Accounting Officer; HMT and NAO

16

Economy efficiency and effectiveness

17

Analytical techniques: e.g. benchmarking; balanced scorecard

18

Cost behaviour

19

Cash vs accruals accounting

20

Corporate finance e.g. PFI and other long term finance options

21

Organisation's code of conduct

22

Departmental finance structures and reporting timetables

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New Gasette: Issue 107 / Autumn 2011
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