Financial Management in the Public Sector

The new edition of this popular book provides a step-by-step guide on how to use financial management and budgeting tools in the public sector. The book features a practical, case-study approach, and includes plentiful exercises and examples. It is designed as a textbook for courses on public financial management or public budgeting that focus on the application of budgeting and financial management tools. Public service professionals will also benefit from this handy primer. <p><strong>Part 1: Tools for Financial Planning</strong> 1. Revenue Forecasting 2. Resource Development Analysis 3. Cost Estimation 4. Cost Comparison 5. Incremental Cost Analysis 6. Cost-Benefit Analysis <b>Part 2: Tools for Financial Implementation </b>7. Financial Performance Monitoring 8. Cash Management: Determining the Optimal Cash Balance <b>Part 3: Tools for Financial Reporting and Analysis </b>9. Financial Reporting and Analysis: The Statement of Net Assets and the Statement of Net Position 10. Financial Reporting and Analysis: The Statement of Activities 11. Financial Reporting and Analysis: Fund-Level Statements 12. Financial Condition Analysis 13. Debt Capacity Analysis 14. Financial Risk Assessment: Analyzing the Risk of Revenue Loss</p>