ABSTRACT

In light of the worldwide economic crises, the public sector is coming under increasing financial pressure as budgets are reduced on a large scale whilst demands for public services are on the rise.

In such austere times 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 are value for money.

With a glossary of terms to help managers understand and be understood by accountants, as well as learning objectives and discussion questions, this 'hands-on' textbook will help students of public management and administration to understand the financial and accounting aspects of creating public value.

chapter 1|31 pages

The context of managing public money

chapter 2|37 pages

Budgets and budgeting

chapter 3|34 pages

Taxation and other sources of income

chapter 4|27 pages

Controlling income and expenditure

chapter 5|23 pages

Financial aspects of decision making

chapter 6|37 pages

Partnerships and contracts

chapter 7|23 pages

Accountability and financial reporting

chapter 8|25 pages

Audit

chapter 9|29 pages

Measuring performance and value for money