The book covers the following areas:
Devolving the Budget
Most public sector organisations are embarking on the devolvement of budgets as a means of enhancing the level of budgetary control, and making managers more responsible and accountable for the financial resources under their control. The book covers the devolvement process, the types of budgets which can be devolved and the levels of devolvement that could be adopted.
Setting the Budget
Budget setting techniques are explained with examples, and the book suggests the technique most appropriate for different types of budget. Also, some of the common budget setting practices used within a public sector environment are discussed.
Budgetary Control
The book covers a range of budgetary control techniques that the manager should implement in order to closely control expenditure and income. This is a key area that is not just relevant to public sector managers, but to management generally. To support this area are chapters on financial management information and answers to common problems.
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