260 pages | 20 B/W Illus.
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.
'This magnificent handbook is essential not only for financial managers but for anyone trying to improve their organisation’s performance in these volatile and uncertain times. Gary writes clearly, coherently and concisely - and the fact that he practises what he teaches (in several countries including South Sudan) gives this book real practical clout.' — Emeritus Professor John Benington CBE, University of Warwick Business School, UK, Chair of Trustees, Friends of Ibba Girls School, South Sudan
'This book provides students and practitioners with a clear exposition of core concepts and an accessible explanation of key issues in the governance, accounting and financial reporting of public sector organisations in an international perspective' — Dr Alberto Asquer, School of Finance and Management, SOAS University of London, UK
'In this book Gary Bandy has provided an excellent introduction to the fundamentals of International Public Financial Management. It will therefore prove an invaluable guide for students, practitioners and policy makers.' — Laurence Ferry PhD (Warwick), FCPFA, BA (Hons), SFHEA, PCAPL, Professor in Accounting at Durham University, UK
1 Introduction; 2 Financial Accounting; 3 Management Accounting; 4 Financial Management; 5 Business Change Management; 6 Public Finance; 7 Financial Reporting; 8 Public Sector Financial Reporting; 9 Strategy and Policy Development; 10 Strategic Public Finance; 11 Governance, Public Policy and Ethics; 12 Audit and Assurance