Developing Finance Skills at Your Desktop

1. Developing Finance Skills at Your Desktop Presentation By: Ross Tomsett – Finance Manager

2. What is HFMA e-learning about? Improving financial management is one of the biggest challenges that the NHS currently face and HFMA are working to change that. It is increasingly important for non-finance staff to get to grips with the finances and for them to update and develop their financial competence. HFMA have developed a suite of e-learning modules which are aimed at helping all NHS employees to improve their knowledge and understanding of NHS Finance.

3. What are the benefits of e-learning? Flexibility – users are able to access the training at their convenience from any IPad, or PC via the Internet, at any time. Educational Content – the highest quality content to ensure learners develop knowledge, skills and competence in NHS Finance. Certification – evidence based assessments which can be used for CPD. User Friendly – the HFMA e-learning system is extremely interactive and easy to use with clear instructions. Support – HFMA provide technical support wherever needed.

4. Who can benefit? • Non-finance and finance staff alike… • Board Members • Budget Holders • Senior Managers • GPs • GP Practice Staff • CCG Staff • In Short… EVERYONE!

5. The Modular Approach The HFMA e-learning has been broken down into easily manageable modules for each topic. There are 17 Introductory Modules targeted at both finance and non-finance staff. There are 2 Finance in Practice modules which are targeted at finance staff. Each module ties in with different levels of the KSF (relevant underpinning knowledge for the financial management dimension G4 at levels 1-3).

6. Introductory Modules Each Introductory Module takes approximately 2.5 hours to complete followed by a 30 minute online assessment. Each module counts toward 3 hours of CPD. These modules are designed for both finance and non-finance staff and offer a wide range of important finance themes.

7. Introductory Modules… • NHS Finance • NHS Budgeting • NHS Governance • How NHS services are paid for • NHS Commissioning • NHS FT Financial Regime • NHS Primary Care Finance • NHS Business Cases • NHS Accounts • NHS Charitable Funds • NHS FT Application Process • NHS Receivables and Payables • NHS Costing • NHS Cost Improvement Programmes • Internal and External Audit

8. Introductory Certificate When learners complete 5 introductory modules, (one of which must be the NHS Finance module), they will gain the Introductory Certificate in Healthcare Finance (England) HFMA’s best-selling publication is included with each certificate – The Introductory Guide to Finance in the UK. You also get the opportunity to become an affiliate member of HfMA for one year free of change. Once you have completed the certificate this equates to 15 hours of CPD.

9. What does it look like

10. E-Learning: Menu Screen

11. E-Learning: Example learning

12. E-Learning: Assessment

13. What Next…. • Training will be rolled out in late April / May. • Each learner will initially be given up to 7 modules relevant to their role. • Once these initial modules are completed, learners can access the full catalogue of 19 modules and can choose to take any number of these if they wish, free of charge. • Please email Ross Tomsett on r.tomsett@nhs.netto register an account or for any further information you might need