Publisher's Synopsis
The main aim of this updated book is to improve financial management, control and accounting throughout the public sector by financial practitioners.;It follows important changes that have been made in the content of the public expenditure programmes with the White Paper being superseded by more extensive presentations by the Treasury and the spending departments such as the phased privatization of nationalized industries and regional water authorities.;In local government the plans to replace domestic rates by community charges and new capital controls and possible changes in capital accounting pose new problems and challenges for financial managers. In public sector audits there has been continued advance in the importance, scope and techniques of assessing and reporting on value-for-money performance and accountability.;The additional information on financial reporting and management accounting seeks to identify distinctive features, principles and approaches of the public sector in these subject areas.;To conclude there are questions for use in discussion, essays and examinations.
