Additional Information
Book Details
Abstract
Taking a fully integrated approach, the book is fully in-line with the most recent developments in the public sector environment. It draws together accounting theory and practice for each of the main areas of accounting, providing contemporary examples from a range of public sector experience which are woven into the text to illustrate the issues involved.
Table of Contents
| Section Title | Page | Action | Price |
|---|---|---|---|
| Cover | Front Cover | ||
| Public Sector Financial Management | iii | ||
| Contents | v | ||
| About the Author | x | ||
| Preface | xi | ||
| Acknowledgements | xii | ||
| Public sector financial management | 1 | ||
| Learning objectives | 1 | ||
| Umbrella for the matter of finance in public sector entities | 2 | ||
| Task-based approaches | 5 | ||
| Institutional approaches | 13 | ||
| Integrated approaches | 16 | ||
| Work assignments | 22 | ||
| Interface to national concepts | 23 | ||
| Public finance | 24 | ||
| Learning objectives | 24 | ||
| Public sector spending | 25 | ||
| Public sector income | 30 | ||
| Public sector deficit and debt | 32 | ||
| Bottom line | 40 | ||
| Work assignments | 41 | ||
| Interface to national concepts | 42 | ||
| Public sector budgeting and management accounting | 43 | ||
| Learning objectives | 43 | ||
| Functions of budgeting | 44 | ||
| Perspectives of budgeting | 48 | ||
| Initial, approved and final budgets | 50 | ||
| Budget execution: appropriations and commitments | 52 | ||
| Performance budgets | 53 | ||
| Management accounting | 56 | ||
| Accrual versus cash basis | 66 | ||
| Budget reporting | 67 | ||
| Budget assurance | 67 | ||
| Bottom line | 68 | ||
| Work assignments | 68 | ||
| Interface to national concepts | 69 | ||
| Public sector financial accounting and reporting | 70 | ||
| Learning objectives | 70 | ||
| Cash basis of accounting | 72 | ||
| Accrual basis of accounting | 75 | ||
| Accounting models and accounting standards | 78 | ||
| Assurance of financial statements | 82 | ||
| Government financial statistics | 85 | ||
| Bottom line | 89 | ||
| Work assignments | 89 | ||
| Interface to national concepts | 90 | ||
| Full accrual financial reporting under IPSAS | 91 | ||
| Learning objectives | 91 | ||
| Presentation of financial statements | 92 | ||
| Functionality of accounting standards | 104 | ||
| Issue- or item-related IPSAS | 106 | ||
| Adoption of IPSAS | 108 | ||
| Cash basis standard as a stepping stone | 111 | ||
| Bottom line | 112 | ||
| Work assignments | 112 | ||
| Interface to national concepts | 113 | ||
| Internal control | 114 | ||
| Learning objectives | 114 | ||
| Role of internal control | 115 | ||
| Private sector developments with implications for the public sector | 117 | ||
| The PIfC – Public Internal financial Control initiative | 124 | ||
| Bottom line | 127 | ||
| Work assignments | 127 | ||
| Interface to national concepts | 128 | ||
| Current and future developments | 129 | ||
| Learning objectives | 129 | ||
| Sustainability | 130 | ||
| XBRL | 135 | ||
| Public Private Partnerships and service concessions | 138 | ||
| Convergence of financial reporting and financial statistics | 143 | ||
| Work assignments | 144 | ||
| Interface to national concepts | 145 | ||
| Case studies | 146 | ||
| Learning objectives | 146 | ||
| NEAT – financing a multi-billion infrastructure | 147 | ||
| Temasek Singapore – a sovereign wealth fund makes business | 150 | ||
| Performance budgeting for high schools | 153 | ||
| Whole of government accounting in New Zealand | 157 | ||
| Consolidated financial reporting in Switzerland | 161 | ||
| PPP or joint venture: the new convention centre for Zürich | 168 | ||
| Fiscal sustainability of Medicare | 173 | ||
| References | 178 | ||
| Index | 181 |