178 pages | 12 B/W Illus.
As change sweeps across the public sector, a huge range of accounting and financial management challenges are created. This textbook analyses the reforms that are being introduced to deal with these challenges and their global impact on the public sector.
Readers are provided with an international overview of government accounting, reporting, management control, cost accounting, budgeting and auditing. In explaining how innovative financial management tools are utilized in the public sector, the authors address a number of emerging issues:
This concise and accessible textbook will be core reading for public sector accounting and financial management students and will also be required reading for students of public management and administration more generally. Managers, accountants, consultants and auditors working in the public sector will also find the book a useful reference.
'Since the global economic crisis in 2008, governments have provided large amounts of public money for financial and economic interventions. These interventions have strained public budgets significantly and raise an issue of fiscal transparency and stability. Today, in 2014, the question of whether taxpayers money is spent wisely, is still very relevant. Responsive accountability, harmonised international accounting standards and adequate management information are an important prerequisite for answering this question. It is therefore with pleasure that I recommend reading this book.' - Ellen van Schoten, Secretary General, Netherlands Court of Audit, the Netherlands
'The book is an excellent introduction to public sector accounting. It ranges from theoretical concerns of several aspects of public sector accounting to empirical presentations of how public sector dilemmas unfold in different settings around the world. I recommend this book as a good introduction for students of public sector accounting.' - Bino Catasus, Professor, Stockholm University, Sweden
'Public sector accounting systems currently have significant strains and stresses associated with existing social, cultural, economic and environmental challenges. This textbook presents significant advances in the theoretical and practical understanding of public sector accounting in its context. The book provides a contemporary public sector accounting and auditing perspective that is geared to comprehend the current and future and challenges and provide sign posts for students and public sector actors to strategically act on the many contemporary challenges.' - James Guthrie, Professor, Macquarie University, Australia and University of Bologna, Italy.
1. Public Sector Accounting – Conditions and Users (Torbjörn Tagesson) 2. Accounting Reforms, Standard Setting and Compliance (Torbjörn Tagesson) 3. International Public Sector Accounting Standards (IPSAS) (Johan Christiaens and Simon Neyt) 4. Consolidated Financial Statements in the Public Sector (Giuseppe Grossi) 5. Public Sector Management Control Tools (Tjerk Budding) 6. Public Sector Management Accounting (Tjerk Budding and Martijn Schoute) 7. Public Sector Budgeting (Tjerk Budding and Giuseppe Grossi) 8. Auditing in the Public Sector (Filip Cassel) 9. Performance Auditing and Value for Money (Peter Öhman)