Financial Planning and Management in Public Organizations

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Overview

Details THREE fundamental areas of responsibility in the annual financial management cycle: cash management-analysis of revenue sources and expenditures, cash mobilization, forecasting, and investment strategies financial planning-cost analysis techniques, budgeting, and capital resource management management control-financial, fund, budgetary, cost, and managerial accounting This reference/text 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 accelerated change in technology, society, politics, and economics. Examines information and decision support systems essential to sustain management processes! Offering a comprehensive analysis of issues that financial managers and public administrators encounter daily in their efforts to promote more efficient and effective uses of financial resources, Financial Planning and Management in Public Organizations describes the financial planning-control continuum revenue and expenditure analysis in the public sector cash management and investment strategies budgeting as a mechanism for planning and control government responsibility for capital facilities planning techniques of financial and managerial cost accounting management information and performance evaluation systems and much more! Blending prescriptive solutions with descriptive materials, Financial Planning and Management in Public Organizations is a useful reference for public administrators, financial managers, public planners, investment managers, policy analysts, public policy specialists, and political scientists, and an exceptional text for upper-level undergraduate and graduate students in these disciplines.

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Editorial Reviews

Booknews
A text for use in public administration, urban planning, and public health administration courses which asserts that the distinctions between the public and private sectors have become blurred, and that emerging techniques to promote more efficient and effective management of financial resources now apply to all organizations. Steiss (Virginia Tech) and Nwagwu (Jackson State U.) analyze the issues that financial managers and public administrators encounter daily, focusing on three fundamental processes: cash management, including the analysis of revenue sources and expenditures, forecasting, and investment strategies; financial planning, dealing with cost analysis techniques, budgeting, and capital resource management; and management control, including fund accounting and budgetary accounting. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

Table of Contents

Financial management - an overview; revenues and expenditures in the public sector; cash management; investment strategies; analytical techniques for financial planning and management; principles and practices of public budgeting; budgeting as a mechanism for financial planning and management; government responsibility for capital facilities; debt administration; accounting systems - traditional mechanisms of management control; managerial and cost accounting; management information and performance evaluation systems.

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