Download or read book Government Financial Management Theory written by Gerald J. Miller and published by CRC Press. This book was released on 1991-02-25 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: A standard text, this book describes and evaluates what financial managers in government actually do, stresses the managerial consequences of a "single right interpretation" of finance phenomena, and joins conventional finance research with management theory, behavior, and development on one level and with policy making, strategy, and executive action at another. The author explores how financial managers exploit opportunities to relieve fiscal stress and help organizations adjust to volatile, feast and famine cycles for the benefit of citizens. The author is Professor of Public Administration at Rutgers, where he teaches government and nonprofit financial management.

Download or read book Financial Management Theory in the Public Sector written by Aman Khan and published by Praeger. This book was released on 2004-12-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Financial Planning and Management in Public Organizations written by Alan W. Steiss and published by CRC Press. This book was released on 2001-08-17 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work focuses on the theory and practice of financial management in public organizations and local government, highlighting the planning, analysis, and control skills necessary to navigate a future of change in technology, society, politics and economics. It details three fundamental areas of responsibility in the annual financial management cycle - cash management, financial planning, and management control. The authors discuss the financial planning-control continuum, cash management and investment strategies, and techniques of financial and managerial cost accounting to assist financial managers and public administrators in their daily efforts to promote more efficient and effective use of financial resources.

Download or read book Theory of Public Finance in a Federal State written by Dietmar Wellisch and published by Cambridge University Press. This book was released on 2000-01-13 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: The central question of this book is whether the assignment of government functions to the individual jurisdictions in a federal state can ensure an optimal allocation of resources and a fair income distribution. The analysis thereby gives a new answer to the old question about the optimal degree of fiscal decentralization in a federal state. It shows that fiscal decentralization is a method to disclose the preferences of currently living and future generations for local public goods, to limit the size of the government, and to avoid excessive public debt finance. While the allocative branch of the government benefits from fiscal decentralization, it is difficult to obtain a distribution of incomes that differs from the outcome that the market brings along.

Download or read book Government Budgeting and Financial Management in Practice written by Gerald J. Miller and published by Routledge. This book was released on 2017-09-25 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: The right turn in U. S. politics has increased conflict over both ends and means in government budgeting and financial management. Overlapping and competing views of the way the world works drive finance officials’ practice. Taking a new look at public financial management that acknowledges the multiple, competing realities, Government Budgeting and Financial Management in Practice: Logics to Make Sense of Ambiguity examines transaction cost economics and other small government, managed-by-the-market techniques as the latest reincarnation of public budgeting and financial management orthodoxy. Gerald J. Miller reviews new research on the continuing validity of the political dimension of government finance decisions and the multiple, intensely argued constructions of reality the finance official must make sense of. Miller discusses major advances in interpretive approaches to budgeting and finance and how they dominate writing in the broader field of public administration. He also examines the effects of the explosion of information systems, new budget techniques, nonconventional ways of spending, and new technologies. The book uses a question as the motivating force to understand some facets of today’s government budgeting, finance, and financial management: where do the critical assumptions come from to drive financial management? Miller takes the history of reform, developments in the field and the logics finance officials say they use as sources for these assumptions and examines what they reveal about constructions of the government finance world. Exploring new avenues of financial management thinking, the book discusses ambiguity and interpretations that move the unclear preferences, ends, and goals toward consensus. The author identifies an alternative approach to research that explains important facets of financial management. This approach is drawn directly from practice, events and problems in public organizations and from the creedal bent of many political actors in competition.

Download or read book Public Debt Management written by Rudiger Dornbusch and published by Cambridge University Press. This book was released on 1990-11-30 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: As Europe proceeds towards economic and monetary union, fiscal convergence and the prospect of a common money are at the centre of discussion. This volume from the Centre for Economic Policy Research brings together theoretical, applied and historical research on the management of public debt and its implications for financial stability. Gale fills a gap in the literature, using a consistent framework to investigate the welfare economics of public debt, while Calvo and Guidotti analyse the trade-off between indexation and maturity when it comes to minimizing debt service. Confidence crises have become relevant again in view of the high debt ratios in countries such as Belgium, Italy and Ireland. Alesina, Prati and Tabellini develop a formal model of the propagation of a debt run and use it to interpret Italian debt panics. Giavazzi and Pagano concentrate on how inappropriate debt management can precipitate a run on the currency while Makinen and Woodward review a broad sweep of historical experience.

Download or read book Financial Management for Public Health and Not for Profit Organizations written by Steven A. Finkler and published by CQ Press. This book was released on 2018-12-05 with total page 634 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reflecting recent changes in accounting standards, this Sixth Edition of Financial Management for Public, Health, and Not-for-Profit Organizations, by Steven A. Finkler, Daniel L. Smith, and Thad D. Calabrese, provides a comprehensive yet practical introduction to the financial decision-making and management skills required of students and practitioners in the public, health, and not-for-profit sectors. Assuming that you have no prior training in financial management, the authors artfully combine the principles, theory, and analytics of accounting and finance. In every chapter, a wide range of exercises, case studies, and problems help you develop strong financial assessment and judgment proficiencies while reinforcing the essential mechanics of accounting.

Download or read book Public Financial Management and Its Emerging Architecture written by Mr. M. Cangiano and published by International Monetary Fund. This book was released on 2013-04-05 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first two decades of the twenty-first century have witnessed an influx of innovations and reforms in public financial management. The current wave of reforms is markedly different from those in the past, owing to the sheer number of innovations, their widespread adoption, and the sense that they add up to a fundamental change in the way governments manage public money. This book takes stock of the most important innovations that have emerged over the past two decades, including fiscal responsibility legislation, fiscal rules, medium-term budget frameworks, fiscal councils, fiscal risk management techniques, performance budgeting, and accrual reporting and accounting. Not merely a handbook or manual describing practices in the field, the volume instead poses critical questions about innovations; the issues and challenges that have appeared along the way, including those associated with the global economic crisis; and how the ground can be prepared for the next generation of public financial management reforms. Watch Video of Book Launch

Download or read book The Basics of Public Budgeting and Financial Management written by Charles E. Menifield and published by University Press of America. This book was released on 2013-08-16 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Basics of Public Budgeting and Financial Management brings budgetary theory and practice together, filling the void between the two that has existed in the field of budgeting and public finance. This book bridges the gap by providing the reader with applications and exercises that reinforce budgetary theory. Students are given the opportunity to learn various concepts and skills necessary to succeed in the field and the exercises provided in each chapter require application of what is learned. Specifically, students will be exposed to basic budget and finance concepts, public revenue, financial management, risk assessment, cost benefit analysis, and so on. This handbook also provides great tools that allow the user to visually display budgets and other analysis. Students will gain the solid foundation needed to begin work in a budget office. Features of this second edition include enhanced data and optional in-class assignments. For ancillary materials, please contact the author at [email protected].

Download or read book Government Budgeting and Expenditure Controls written by A. Premchand and published by International Monetary Fund. This book was released on 1989-03-15 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, written by A. Premchand, offers a comprehensive review of fiscal policies and their implications for budgeting and expenditure controls. It provides an in-depth discussion of techniques, procedures, and processes of budgeting with illustrative material drawn from the experiences of industrial and developing countries.

Download or read book Management Policies in Local Government Finance written by John R. Bartle and published by International City/County Management Association(ICMA). This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: At a time when the slow pace of economic recovery and continuing reductions in state and federal assistance underscore our need for strong leadership in financial management, this volume offers a deeper understanding of financial theory and practice for its own sake.

Download or read book Government Financial Management written by A. Premchand and published by International Monetary Fund. This book was released on 1990-06-15 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: Edited by A. Premchand, this collection of seminar papers and country studies examines recent developments in government accounting and financial management in selected industrial and developing countries. The country studies include Australia, Canada, China, India, Poland, Sweden, Turkey, the United Kingdom, the United States, and Latin American countries.

Download or read book Financial Planning and Management in Public Organizations written by Alan W. Steiss and published by Routledge. This book was released on 2001-08-17 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work focuses on the theory and practice of financial management in public organizations and local government, highlighting the planning, analysis, and control skills necessary to navigate a future of change in technology, society, politics and economics. It details three fundamental areas of responsibility in the annual financial management cy

Download or read book Financial Management and Accounting in the Public Sector written by Gary Bandy and published by Taylor & Francis. This book was released on 2023-03-14 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book State and Local Government Finance and Financial Management written by John E. Petersen and published by . This book was released on 1978 with total page 710 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Classics in the Theory of Public Finance written by Richard A. Musgrave and published by Springer. This book was released on 1958-01-01 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book was prepared mainly for specialists on the assumption that it would provide the background to an important neglected field of discussion in public finance. Since it was first published in 1958, the theory of public goods and its implications for public policy have become incorporated in the main body of the economic analysis of public finance in the literature. A glance at the footnotes of some of the standard textbooks on public finance indicates that this assembly of articles has not been in vain. Probably the most influential part of this collection has been the papers concerned with the theory of public expenditure, which contains two closely related elements. The first is as a part of welfare economics: under what conditions can Pareto optimality be achieved in an economic system in which some goods supplied are indivisible? The other strand of thought is concerned with the positive theory of the public sector: how can economic analysis be used in order to explain how the size and composition of the budget is actually determined?

Download or read book Public Finance in Theory Practice written by S K Singh and published by S. Chand Publishing. This book was released on 2008 with total page 751 pages. Available in PDF, EPUB and Kindle. Book excerpt: Useful for Graduate and P.G. Students of Economics and Candidates Appearing for Competitive Examinations. It examines every major problem of the economy of public sector first in the context of the developed countries of the western world and then their relevence is looked into from the angle of the developing countries.