Financial Management and Accounting in the Public Sector

Gary Bandy (Freelance consultant in public financial management, UK)

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English

Routledge
14 March 2023

Management accounting & bookkeeping; Public finance accounting; Civil service & public sector

Series: Routledge Masters in Public Management

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.

By: Gary Bandy (Freelance consultant in public financial management UK)
Imprint: Routledge
Country of Publication: United Kingdom
Edition: 3rd edition
Dimensions: Height: 234mm, Width: 156mm,
Weight: 453g
ISBN: 9781032157306
ISBN 10: 1032157305
Series: Routledge Masters in Public Management
Pages: 392
Publication Date: 14 March 2023
Audience: College/higher education , Primary
Format: Paperback
Publisher's Status: Active

Gary Bandy has been an independent public financial management consultant since 2005. He has advised organizations in the charity sector, education, policing, local government and the private sector. Gary has an MPA from Warwick Business School and has taught public financial management at several universities in the United Kingdom as well as sharing his expertise with civil servants in many places, including Rwanda, South Sudan, Sri Lanka and Kazakhstan.