Public Sector Accounting and Budgeting for Non-Specialists

ISBN-13: 9781137376985 / Angielski / Miękka / 2015 / 256 str.

G. Jan Van Helden; Ron Hodges

Opis

Public sector managers are constantly confronted by financial documents such as budgets, balance sheets and cash flow statements, yet most do not have a financial background. By approaching the subject from the point of view of how managers use the information, this book enables those studying or training to become public sector managers to get a better understanding of financial documents and communicate effectively with the financial people in their organization. A basic understanding of the principles and rules is instilled, in a concise way, and illustrations are used to encourage an appreciation for the value of financial information for decision making.

Spis treści

1. Introduction to Public Sector Accounting and Budgeting.- 2. Introducing Accounting Basics3. The Income Statement, the Balance Sheet and the Cash Flow Statement of Public Sector Organizations .- 4. Assessing the Financial Health of a Public Sector Organization through Ratio Analysis.- 5. Financial Accounting Conventions and Practices.- 6. Budgeting: Principles, Functions, Types and Processes.- 7. Cost Allocation, Costing and Cost Management .- 8. Capital Investment, Outsourcing and Partnerships.- 9. Public Sector Auditing.- 10. Public Sector Financial Management Reforms .- Appendices.- A.3.1 Notes on BookkeepingAppendix A.7.1 Variants of the cost pool methodAppendix A.8.1: Financial calculations of the investment options for Old Port's stadium.- Appendix A.8.2: Net present cost of risks retained under Conventional Procurement (CP) and the Private Finance Initiative (PFI) for County Ambulance Service.

O autorze

Jan van Helden is Professor Emeritus of Management Accounting at the Faculty of Economics and Business, University of Groningen, the Netherlands. In recent years his research has focused on management and accounting changes in public sector organizations, with a special attention to performance measurement, benchmarking, performance budgeting, and the role of consultants and researchers in public sector innovations. He has been member of the Executive for financial and personnel affairs of the province of Groningen, the Netherlands, in the 1980s.
 
Ron Hodges is Professor of Accounting at the University of Birmingham, UK, having previously held posts at Sheffield and Nottingham. He is a member of both the Institute of Chartered Accountants in England and Wales and the Chartered Association of Certified Accountants. His research interests include the regulation of public sector accounting, public private partnerships and local government accounting and audit. He has held numerous related positions including membership of the Financial Reporting Advisory Board (FRAB) and acting as an advisor to the UK National Audit Office and the Communities and Local Government Committee of the House of Commons.

Blurb

Public Sector Accounting and Budgeting for Non-Specialists focuses on the essentials of what public sector managers need to know in order to become more effective users of financial information.

This concise yet thorough book:
• helps non-financial specialists to understand the key aspects of financial documents such as budgets, balance sheets and cash
flow statements
• uses examples from a broad range of public sector organizations to illustrate how various types of financial statements are
constructed and used
• shows how financial information supports decision-making and accountability
• provides many references to the academic and professional literature for those who want to extend their knowledge