Managing and Reforming Modern Public Services:The Financial Management Dimension

Series
Financial Times
Author
Malcolm Prowle  
Publisher
Pearson
Cover
Softcover
Edition
1
Language
English
Total pages
400
Pub.-date
November 2009
ISBN13
9780273722816
ISBN
0273722816
Related Titles


Product detail

Product Price CHF Available  
9780273722816
Managing and Reforming Modern Public Services:The Financial Management Dimension
87.40 approx. 7-9 days

Description

As government borrowing and debt reaches record levels, public services, for the first time in over 30 years of unprecedented growth in spending, face the prospect of real cuts in their funding

In these challenging times, Managing and Reforming Modern Public Services; The Financial Management Dimensionshows you how to manage the financial resources of public services most effectively drawing on best practice from both public and private sectors

Managing and Reforming Modern Public Services;The Financial Management Dimensionconsiders all public service organisations from central government and local government to trusts and charities with a particular focus on health and education

'Financial management is the foundation of recording the right information to allow communities and the economy to thrive. At a time when the world economy is under threat this book provides a valuable reminder of that essential truth'.

Roger Latham. President of CIPFA 2009/10

 

Features

  • Real- case studies from all corners of the public sector include Central Government, Local Government, trusts and agencies, including a strong focus on Health and Education link theory to practice.
  • Combines a practical and theoretical approach, making the text perfect for both students and professionals. Chapter openers with learning objectives
  • Key words highlighted and explained to make jargon more accessible.
  • End of chapter questions and summaries aid your learning and test your understanding.

Table of Contents

Foreword
Preface
Contents
List of figures
List of tables
List of case studies
Glossary of terms and acronyms

Part 1: The organisation and development of public services

1     Introduction: public services and the public sector

·        Introduction

·        Public sector and public services: provisioning and financing

·        Growth and development of  the UK public sector

·        Configuration of the public sector and public services

·        The importance of financial management in public service organisations

·        Structure of the book

2     Financing public services

·        Introduction

·        Patterns of public  expenditure

·        International perspectives

·        Sources of public services finance

·        Taxation

·        User charges

·        Government borrowings

·        Other sources

·        Framework of public expenditure

·        Planning and financing of public services

·        Allocating resources to public services

3     Public service trends and the impacts on financial management practices

·        Introduction

·        Brief history of public service reform

·        Aims and nature of public service reform

·        Causal factors of public service reform

·        General themes of public service reform

·        The impact of public service reform on financial management practices

Part 2: Financial Management of Public Services: Key Aspects

4     Costing and costing systems in public service organisations

·        Introduction

·        Using cost information in PSOs

·        Basic principles of costing

·        Obtaining cost information in PSOs

·        Future public service trends and their impact on costing systems

·        Developing costing systems: the way forward

5     Managing strategic change in public services: The financial management contribution

·        Introduction

·        Major strategic changes in public services

·        The management of strategic change in public services

·        Strategic planning in public services – commissioners and providers

·        Implementing strategy

·        Monitoring strategy implementation and outcomes

·        The key roles of financial management in strategic management

·        Strategic financial management – some relevant techniques

·        Cost and income benchmarking

·        Activity based costing and management

·        Financial modelling

·        Capital investment appraisal techniques

6      Budgeting Systems and budget management in public service organisations

·        Introduction

·        The roles and purposes of a budgeting system in a PSO

·        Types of PSO budges

·        Main elements making of a budget system

·        Budget framework

·        Budget setting process

·        Budget reporting system

·        Resource allocation models and the budgeting process

·        Programme analysis and budgeting

·        Variations in PSO budget arrangements

7       Pricing public services

·        Introduction

·        The distinction between costs and prices

·        Business pricing and economic pricing

·        Why pricing is important in relation to public services

·        Business prices and economic prices

·        The nature and structure of pricing decisions

·        Key Strategic pricing factors

·        Cost inputs into pricing decisions

·        Pricing strategy and the marketing mix

·        Special factors related to pricing in PSOs

·        Individual pricing decisions: tactical considerations

·        The financial management roles in pricing

8     Improving performance in public services: The financial  management contribution

·        Systems of performance management

·        What constitutes performance in PSOs

·        Using performance information

·        The role of benchmarking

·        Improving performance in public services

·        Performance management and improvement: The financial management roles

n public services organisations

10    The nature and role of financial information systems in public service organisations

·        Introduction

·        General Structure of information systems

·        Management information systems and PSOs

·        Financial information systems in PSOs

·        Key characteristics of financial information systems in PSOs

·        Developing financial information systems in PSOs

·        The financial management involvement in the acquisition of IS/IT

·        Key management challenges regarding IS/IT in PSOs

11    Financial control and governance in public service organisations

·        Introduction

·        Frameworks of financial control in PSOs

·        Audit arrangements in PSO

·        Internal audit arrangements

·        External audit arrangements

·        Internal and external audit compared

·        Other audit bodies

·        Specialist audit activities

·        Corporate governance arrangements

·        Audit implications of PSO governance requirements

12     The organisation and staffing of the modern public service finance function

·        Introduction

·        The organisation of the PSO finance function

·        The Roles and responsibilities of the PSO  director of finance

·        Staffing of PSO finance departments

·        Strategic trends in PSO finance functions

·        Organisational change in the finance function

Part 4: Looking ahead

13     Future trends in public services; The implications for financial management

·        Forces for change – Political, economic, societal  technological

·        Implications for public services

·        Implications for public service financial management

References
List of relevant web sites
Bibliography 

Back Cover

Managing and Reforming Modern Public Services: The Financial Management Dimension

'Financial management is the foundation of recording the right information to allow communities and the economy to thrive. At a time when the world economy is under threat this book provides a valuable reminder of that essential truth'.

Roger Latham. President of CIPFA 2009/10

As government borrowing and debt reaches record levels, public services, for the first time in over 30 years of unprecedented growth in spending, face the prospect of real cuts in their funding.

In these challenging times, Managing and Reforming Modern Public Services; The Financial Management Dimensionshows you how to manage the financial resources of public services most effectively drawing on best practice from both public and private sectors.

Learn to:

  • Apply key financial management practice such as budgeting, costing and pricing to the public sector
  • Make efficiency improvements
  • Understand how Changes in policy, configuration and culture effect financing decisions

Managing and Reforming Modern Public Services; The Financial Management Dimension considers all public service organisations from central government and local government to trusts and charities with a particular focus on health and education

Malcolm Prowle is Professor of Business Performance at Nottingham Business School and Visiting Professor at the Open University. With over thirty years experience of public sector financial management he has been a visiting consultant to the World health organisation and an advisor to the House of Commons Select Committee.     

 

 

Author

Macolm Prowleis Professor of Business Performance at Nottingham Business School and Visiting Professor at the Open University. With over thirty years experience of public sector financial management he has been a visiting consultant to the World health organisation and an advisor to the House of Commons Select Committee.