Public Sector Financial Management

Author : Andrew Graham
Publisher : McGill-Queen's Press - MQUP
Page : 282 pages
File Size : 47,7 Mb
Release : 2014-10
Category : Political Science
ISBN : 9781553394280

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Canadian Public-Sector Financial Management by Andrew Graham Pdf

"It's not your money - it belongs to the people." Taking this simple axiom seriously creates unique challenges for the management of public funds. Andrew Graham outlines all aspects of public sector financial management, addressing how funds are obtained, what rules of accountability and accounting are applied, who controls public funds, what constitutes effective budget management at the operational level, and how accountability and oversight are dealt with. The skills demanded of public sector managers in financial management are becoming increasingly onerous and complex. Canadian Public Sector Financial Management will be of great help to practitioners in the public sector who wish to better understand their financial responsibilities as well as to students of public administration and the general reader concerned with public financial management issues. The secondedition of Canadian Public-Sector Financial Management updates the widely used text, reflecting on the developments in public financial management over the past six years. Developments in financial reporting and the widespread need for governments to constrain growth and manage their finances more closely are looked at. It remains focused on the practitioner and manager in the public sector.

Author : Wang,Gary Bandy
Publisher : M.E. Sharpe
Page : 251 pages
File Size : 42,9 Mb
Release : 2015-05-18
Category : Business & Economics
ISBN : 9780765628992

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Financial Management in the Public Sector by Wang,Gary Bandy Pdf

The impact of the global financial crisis on government funds has been significant, with squeezed budgets having to satisfy ever-increasing demands for public services. Managers working in the public sector are confronted daily with targets and demands that are often set in confusing accounting and financial language. In Financial Management and Accounting in the Public Sector, Gary Bandy employs a clear and concise narrative to introduce the core concepts of accounting and financial management in the public sector and how to deliver services that represent value for money. This second edition has been revised and updated throughout, offering: an increased focus on post-crisis austerity more international examples of public financial management greater coverage of governance, accountability and risk management With a glossary of terms to help managers understand and be understood by accountants, as well as learning objectives, case studies and discussion questions, this practical textbook will help students of public management and administration to understand the financial and accounting aspects of managing public services.

Author : Andrew Graham
Publisher : Queen's Policy Studies
Page : 295 pages
File Size : 52,8 Mb
Release : 2019-05-30
Category : Political Science
ISBN : 9781553395430

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Canadian Public-Sector Financial Management by Andrew Graham Pdf

Very little happens in government without money. The real impact of policy pronouncements is only understood when the resources to implement them are known, secured, and spent. Canadian Public-Sector Financial Management is for the student and practitioner of public administration, not the finance specialist. Andrew Graham focuses on understanding the public-sector financial environment and the accounting framework. He moves then to the core elements of the financial management process itself (securing funds or the budget process), managing the spending of those funds (control and in-year budget management and reporting), and evaluating how the funds were spent (internal reporting, external reporting, audit, and oversight). This third edition updates the accounting framework, places a stronger emphasis on risk management skills throughout the cycle, particularly in in-year budget control, and updates external reporting as governments look for different and more useful ways to report their financial and program results.

Author : Gary Bandy
Publisher : Routledge
Page : 268 pages
File Size : 41,9 Mb
Release : 2018-12-07
Category : Business & Economics
ISBN : 9781351128285

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International Public Financial Management by Gary Bandy Pdf

Running public sector organizations requires specialist accounting and finance skills to overcome the unique challenges of the sector. Citizens rely on their governments to provide a wide range of public services from an inevitably limited budget and therefore the better that the public money is managed the more services that can be delivered. Just as there is no single best way to manage a business there is no single best way to manage public finances. Co-published by the Chartered Institute of Public Finance and Accountancy (CIPFA), the world's leading professional public finance accountancy body, International Public Financial Management: Essentials of Public Sector Accounting provides an expert introduction to public sector accounting and finance. This book was conceived to accompany CIPFA’s International Public Financial Management (IPFM) qualifications as a resource for students that seeks to capture the essential elements of the modules they study, and reflects good practice as put forward by CIPFA in its examination syllabuses. Students of public management and public sector accounting will find this a useful text. Practitioners working in the public sector will also find this concise book vital reading in seeking value for money in providing public services.

Author : Hugh Malcolm Coombs,David Ellis Jenkins
Publisher : Unknown
Page : 314 pages
File Size : 44,5 Mb
Release : 1994
Category : Finance, Public
ISBN : UOM:39015032137385

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Public Sector Financial Management by Hugh Malcolm Coombs,David Ellis Jenkins Pdf

Author : Gary Bandy
Publisher : Taylor & Francis
Page : 273 pages
File Size : 44,6 Mb
Release : 2023-03-14
Category : Business & Economics
ISBN : 9781000843675

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Financial Management and Accounting in the Public Sector by Gary Bandy Pdf

The importance of public financial management for the health and wellbeing of citizens became dramatically apparent as governments sought to respond to the coronavirus pandemic in 2020. Now, governments and other public sector organizations face the challenge of recovering from the pandemic whilst also seeking to achieve Sustainable Development Goals, with squeezed budgets and ever-increasing demands for public services. Public sector managers are confronted daily with targets and demands that are often set in confusing accounting and financial language. In Financial Management and Accounting in the Public Sector, Gary Bandy employs a clear and concise narrative to introduce the core concepts of public financial management to help those managers to deliver programmes, projects and services that are value for money. As the author puts it, managing public money is an art, not a science. This third edition has been revised and updated throughout, offering: a structure that is more clearly linked to the stages of the public financial management cycle greater coverage of transparency and accountability issues a broader view of public procurement to include goods, works and services and effective contract management; and an increased focus on public spending in the context of a post-COVID environment. With a glossary of terms to help managers understand and be understood by accountants, as well as learning objectives, discussion questions and exercises, this practical textbook will help students of public management and administration to understand the financial and accounting aspects of managing public services.

Author : Andreas Bergmann
Publisher : Pearson Education
Page : 202 pages
File Size : 44,5 Mb
Release : 2009
Category : Business & Economics
ISBN : 027371354X

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Public Sector Financial Management by Andreas Bergmann Pdf

"While New Public Management and Accrual Accounting improved the information for decision-makers and thereby the decision-making process itself, long periods of surpluses and the emergence of sovereign wealth funds fundamentally changed the face of public finance. Public Sector Financial Management explores the key themes of this continuing change, and examines the increasing role of markets and competition in the public sector. The book provides the relevant information and guidance for decision-makers in this area, and explains how contemporary financial-management techniques can be applied specifically to the public sector." "The content reflects the most recent developments in Economics, Public Management, Accounting and Auditing. The learning process is supported by examples, work assignments and topical case studies, making this the ideal text for anyone who wants to understand the key aspects of the subject." --Book Jacket.

Author : Andrew Bryan Graham
Publisher : Queen's School of Policy Studies
Page : 260 pages
File Size : 43,6 Mb
Release : 2007
Category : Finance, Public
ISBN : IND:30000116526314

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Canadian Public-sector Financial Management by Andrew Bryan Graham Pdf

"It's not your money - it belongs to the people." Taking this simple axiom seriously creates unique challenges for the management of public funds. Andrew Graham outlines all aspects of public sector financial management, addressing how funds are obtained, what rules of accountability and accounting are applied, who controls public funds, what constitutes effective budget management at the operational level, and how accountability and oversight are dealt with. The skills demanded of public sector managers in financial management are becoming increasingly onerous and complex. Canadian Public Sector Financial Management will be of great help to practitioners in the public sector who wish to better understand their financial responsibilities as well as to students of public administration and the general reader concerned with public financial management issues.

Author : Jens Kromann Kristensen,Martin Bowen,Cathal Long,Shakira Mustapha,Urška Zrinski
Publisher : World Bank Publications
Page : 168 pages
File Size : 55,8 Mb
Release : 2019-11-24
Category : Business & Economics
ISBN : 9781464814662

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PEFA, Public Financial Management, and Good Governance by Jens Kromann Kristensen,Martin Bowen,Cathal Long,Shakira Mustapha,Urška Zrinski Pdf

This project, based on the Public Expenditure and Financial Accountability (PEFA) data set, researched how PEFA can be used to shape policy development in public financial management (PFM) and other major relevant policy areas such as anticorruption, revenue mobilization, political economy analysis, and fragile states. The report explores what shapes the PFM system in low- and middle-income countries by examining the relationship between political institutions and the quality of the PFM system. Although the report finds some evidence that multiple political parties in control of the legislature is associated with better PFM performance, the report finds the need to further refine and test the theories on the relationship between political institutions and PFM. The report addresses the question of the outcomes of PFM systems, distinguishing between fragile and nonfragile states. It finds that better PFM performance is associated with more reliable budgets in terms of expenditure composition in fragile states, but not aggregate budget credibility. Moreover, in contrast to existing studies, it finds no evidence that PFM quality matters for deficit and debt ratios, irrespective of whether a country is fragile or not. The report also explores the relationship between perceptions of corruption and PFM performance. It finds strong evidence of a relationship between better PFM performance and improvements in perceptions of corruption. It also finds that PFM reforms associated with better controls have a stronger relationship with improvements in perceptions of corruption compared to PFM reforms associated with more transparency. The last chapter looks at the relationship between PEFA indicators for revenue administration and domestic resource mobilization. It focuses on the credible use of penalties for noncompliance as a proxy for the type of political commitment required to improve tax performance. The analysis shows that countries that credibly enforce penalties for noncompliance collect more taxes on average.

Author : Josette Caruana,Isabel Brusca,Eugenio Caperchione,Sandra Cohen,Francesca Manes Rossi
Publisher : Springer
Page : 219 pages
File Size : 55,7 Mb
Release : 2019-03-01
Category : Political Science
ISBN : 9783030060374

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Financial Sustainability of Public Sector Entities by Josette Caruana,Isabel Brusca,Eugenio Caperchione,Sandra Cohen,Francesca Manes Rossi Pdf

This book analyses the role of public sector accounting, and the relevance of accounting frameworks, in assisting financially sustainable policy making. Focussing on the European context, the book examines financial reporting, management accounting, budgeting and other reporting requirements, for example, Government Finance Statistics. It also analyses emerging forms of reporting, such as popular reporting and integrated reporting, which may also be considered by policy makers, standard setters, and managers of public sector entities.

Author : Anwar Shah
Publisher : World Bank Publications
Page : 300 pages
File Size : 53,6 Mb
Release : 2007
Category : Business & Economics
ISBN : STANFORD:36105123177219

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Local Public Financial Management by Anwar Shah Pdf

Transparent and prudent financial management has come to be recognized as critical to the integrity of local government and to gaining and the trust of local residents. Such integrity and trust is lacking in some developing countries, especially Africa. This volume attempts to provide practical guidance to local governments interested in establishing sound financial management systems. Leading international experts have contributed to all relevant aspects of local public financial management - cash management, internal controls, accounts, audits, and debt management

Author : Xiaohu (Shawn) Wang
Publisher : Routledge
Page : 216 pages
File Size : 47,5 Mb
Release : 2014-12-17
Category : Business & Economics
ISBN : 9781317470540

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Financial Management in the Public Sector by Xiaohu (Shawn) Wang Pdf

The new edition of this popular book provides a step-by-step guide on how to use financial management and budgeting tools in the public sector. The book features a practical, case-study approach, and includes plentiful exercises and examples. It is designed as a textbook for courses on public financial management or public budgeting that focus on the application of budgeting and financial management tools. Public service professionals will also benefit from this handy primer.

Author : Srithongrung, Arwiphawee,Ermasova, Natalia B.,Yusuf, Juita-Elena (Wie)
Publisher : IGI Global
Page : 379 pages
File Size : 48,5 Mb
Release : 2019-01-11
Category : Business & Economics
ISBN : 9781522573302

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Capital Management and Budgeting in the Public Sector by Srithongrung, Arwiphawee,Ermasova, Natalia B.,Yusuf, Juita-Elena (Wie) Pdf

To create an enhanced quality of life, attract business relocation, and enhance equity in access to public infrastructure, governmental bodies must take certain precautions with their money. Budgeting at such a high level requires careful evaluation and research that addresses every aspect of financial management. Capital Management and Budgeting in the Public Sector provides emerging research exploring the theoretical and practical aspects of long-term capital planning, annual capital budgeting, capital budget execution, and public spending evaluation. Featuring coverage on a broad range of topics such as fiscal federalism, political regime, and project execution management, this book is ideally designed for managers, accountants, professionals, practitioners, and researchers working in the areas of public finance and/or international development.

Author : Aman Khan,W. Bartley Hildreth
Publisher : Praeger
Page : 0 pages
File Size : 45,6 Mb
Release : 2004-12-30
Category : Business & Economics
ISBN : 1567206255

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Financial Management Theory in the Public Sector by Aman Khan,W. Bartley Hildreth Pdf

To have a clear picture of developments in public financial management, a multidimensional perspective of the field is needed, since governments—unlike for-profit organizations— serve multiple and often conflicting interests. This book provides this dynamic approach by integrating insights from economics, business, and political science. Written by some of the leading scholars in the field, this collection presents eleven chapters that run the gamut of public financial management issues. Topics include: Transaction costs in contractual relationships; Uncertain conditions and probability assessment in the bond market; Rational choice and the institutional framework in public investment decision; E-Government financial management models; Budget balance as the building block of public financial strategy. Together the contributors present a robust framework for understanding and analyzing financial decision making in the public sector.

Author : Richard Allen,Richard Hemming,B. Potter
Publisher : Springer
Page : 1125 pages
File Size : 52,9 Mb
Release : 2013-08-15
Category : Business & Economics
ISBN : 9781137315304

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The International Handbook of Public Financial Management by Richard Allen,Richard Hemming,B. Potter Pdf

The Handbook is a virtual encyclopedia of public financial management, written by topmost experts, many with a background in the IMF and World Bank. It provides the first comprehensive guide to the subject that has been published in more than ten years. The book is aimed at a broad audience of academics/students, government officials, development agencies and practitioners. It covers both bread-and-butter topics such as the macroeconomic and legal framework for budgeting, budget preparation and execution, procurement, accounting, reporting, audit and oversight, as well as specialist subjects such as government payroll systems, local government finance, fiscal transparency, the management of fiscal risks, sovereign wealth funds, the management of state-owned enterprises, and political economy aspects of budgeting. The book sets out numerous examples and case studies describing good practice in public financial management, and is highly relevant for use in both advanced and developing countries.