Financial Management and Accounting in the Public Sector

Financial Management and Accounting in the Public Sector
Author: Gary Bandy
Publisher: Taylor & Francis
Total Pages: 273
Release: 2023-03-14
Genre: Business & Economics
ISBN: 100084367X

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.

Accounting and Financial Management for Residential Construction

Accounting and Financial Management for Residential Construction
Author: Emma Shinn
Publisher: Builderbooks
Total Pages: 0
Release: 2008
Genre: Construction industry
ISBN: 9780867186352

Shinn provides detailed information on how an accounting system operates and the basic principles for processing financial data. This fifth edition includes the updated NAHB Chart of Accounts, and shows builders how to take control of their finances.

The Blue Book

The Blue Book
Author: Mohamed Tolba
Publisher:
Total Pages: 263
Release: 2020-09-19
Genre:
ISBN:

The Blue Book is an ultimate guide for financial and management accounting in the hotel industry, and it is like no other. Some academic books for the hospitality industry do exist; however, as the term "hospitality industry" refers to lodging, food & beverage, event planning, transportation, and recreation, the industry is already complex on its own. It explains why such books do not conveniently cater to a hotel's needs. Moreover, these books dedicate many pages to corporate financing, which has little or nothing to do with the property level. Although there are some ground rules within the hospitality industry, the hotel has its unique accounting procedures and techniques, and this is when this book plays a main role.With over twenty years of valuable experience with the best international hotel operators in six countries, the author shares the essential and practical knowledge and guidelines to build a strong Finance Division in hotels. Therefore, this book perfectly caters to all financial professionals, from the start of their careers to becoming finance leaders.The contents of this book are certainly comprehensive and thorough - highly relevant and easy to understand. This makes it suitable for financial professionals, stakeholders including division heads, general managers, auditors, owners, and owner's representatives. All will greatly benefit from it. The Blue Book includes the following twelve parts that provide the most essential needed information to understand the hotel finance functions and to build a strong finance division:Part One: Basic AccountingPart Two: Revenue ManagementPart Three: Cost ManagementPart Four: Labor ManagementPart Five: Other Expenses GuidelinesPart Six: Financial AnalysisPart Seven: Budgeting and ForecastingPart Eight: Cash ManagementPart Nine: Hotel InvestmentsPart Ten: Hotel Management SoftwarePart Eleven: Financial Functions and SOPsPart Twelve: Parent-Child Chart of AccountsThis book uses the Uniform System of Accounts and GAAP as its main reference, ensuring that the information provided to the readers is the most updated and relevant version of the modern hotel industry.

Healthcare Applications

Healthcare Applications
Author: Thomas McKee
Publisher: Aupha/Hap Book
Total Pages: 0
Release: 2017
Genre: Medical
ISBN: 9781567938258

Instructor Resources: Suggested case solutions (Word or Excel formats) Financial issues are of paramount importance in today's rapidly changing and increasingly competitive healthcare environment. Healthcare managers must understand accounting and financial management concepts and be prepared to operationalize them in their organizations. Healthcare Applications: A Casebook in Accounting and Financial Management provides a series of practice exercises for analyzing, understanding, and applying these concepts across a wide range of healthcare settings. Healthcare Applications contains 56 short cases designed to link theory to practical, real-world application via active learning. Based on fictitious entities and individuals (unless otherwise noted), the cases cover basic concepts--such as how to record transactions, compute financial ratios, and prepare financial statements--as well as more advanced issues, such as the effects of healthcare regulation, the valuation of debt or equity securities, cost-volume-profit analysis, and capital budgeting. Each case features assignments or questions to enhance students' critical thinking and generate classroom engagement. Instructors can select case topics and difficulty levels that are most appropriate for their courses. The book's cases can be either assigned as out-of-class homework or used directly in class to introduce a topic or facilitate discussion.

Accounting and Financial Management

Accounting and Financial Management
Author: Peter James Harris
Publisher: Routledge
Total Pages: 495
Release: 2006
Genre: Business & Economics
ISBN: 075066729X

Presents research and developments in the field of accounting and financial management as it relates to organisations in the international hospitality industry. Draws on researchers' fieldwork and practical experience, and includes case studies and examples from a range of companies across the industry. Covers a number of issues including: performance management, benchmarking, the profit planning framework, room rate pricing decisions, hotel asset management, and lowering risk to enhance firm value.

Principles of Accounting Volume 1 - Financial Accounting

Principles of Accounting Volume 1 - Financial Accounting
Author: Mitchell Franklin
Publisher:
Total Pages: 1056
Release: 2019-04-11
Genre:
ISBN: 9781680922912

The text and images in this book are in grayscale. A hardback color version is available. Search for ISBN 9781680922929. Principles of Accounting is designed to meet the scope and sequence requirements of a two-semester accounting course that covers the fundamentals of financial and managerial accounting. This book is specifically designed to appeal to both accounting and non-accounting majors, exposing students to the core concepts of accounting in familiar ways to build a strong foundation that can be applied across business fields. Each chapter opens with a relatable real-life scenario for today's college student. Thoughtfully designed examples are presented throughout each chapter, allowing students to build on emerging accounting knowledge. Concepts are further reinforced through applicable connections to more detailed business processes. Students are immersed in the "why" as well as the "how" aspects of accounting in order to reinforce concepts and promote comprehension over rote memorization.

Law Firm Accounting and Financial Management

Law Firm Accounting and Financial Management
Author: John P. Quinn
Publisher: Law Journal Press
Total Pages: 934
Release: 2001
Genre: Law
ISBN: 9781588520418

This book covers topics such as: fundamentals of law firm financial information, with easy-to-understand examples of the data involved and financial management concepts.

Financial Management and Accounting Fundamentals for Construction

Financial Management and Accounting Fundamentals for Construction
Author: Daniel W. Halpin
Publisher: John Wiley & Sons
Total Pages: 323
Release: 2011-09-09
Genre: Technology & Engineering
ISBN: 1118174275

TECHNOLOGY/ENGINEERING/CIVIL SUCCESSFUL FINANCIAL MANAGEMENT IN THE CONSTRUCTION INDUSTRY BEGINS WITH THIS HANDS-ON GUIDE While construction professionals are skilled in the technical side of their work, they often find the financial management aspect of the business daunting. Financial Management and Accounting Fundamentals for Construction will help you better understand and navigate the financial decisions that are part of every construction project. This book is a compact summary of the basic financial skills that a construction professional must have to be successful in the management of a construction company and its projects. Its topics address many of the questions that any construction administrator will face, such as: How to organize and use a company's financial reports What amount of cash must be made available to the contractor to complete a project Why the early payment of supplier invoices can enhance profitability How to quantify the time value of money in financial decisions What tax amount is owed by a company and how it impacts the bottom line How to control project costs What financial sources are available to a construction contractor for capital expansion In this text, you will learn about accounting fundamentals, project-related financial matters, and company level financial issues three factors that are key to your career success. An ideal reference for students of construction management and engineering, as well as professionals who need a quick refresher when dealing with cost control analysis and other financial issues, this text also offers: Easy-to-understand coverage of financial concepts specific to the construction industry, including business taxation, project control, engineering economy, and financial forecasting Numerous worked examples, plus end-of-chapter review questions and exercises Helpful appendices that present the structure of a typical chart of accounts, the flow of transactions through a construction accounting system, and tables required for computing interest and the time value of money

Accountancy & Financial Management Volume - I

Accountancy & Financial Management Volume - I
Author: Prof. (CA) Pradeep D. Kamthekar
Publisher: Laxmi Book Publication
Total Pages: 403
Release: 2024-07-11
Genre: Art
ISBN: 1387568337

Standard means a ‘set guideline’ followed, when different alternatives are available in a given situation. Accounting Standard means a ‘set guideline’ followed, when different alternatives are available for accounting, in a given area of accounting, by a business/professional organisation. In India ‘Accounting Standards’ are given by the ‘Institute of Chartered Accountants of India (ICAI)’. According to ICAI, ‘Accounting Standards’ are written documents containing the ‘Generally Accepted Accounting Principles (GAAP)’, in a given area of accounting.