£6.50

Finance for Non-Financial Public Sector Managers 2nd Edition Ebook
[HB-0005]

Finance for Non-Financial Public Sector Managers 2nd Edition Ebook
Demystifying financial accounts and terminology

This book is one of a series of books entitled Essential Skills for the Public Sector. It is increasingly important for public sector managers to have an understanding of finance to perform their jobs and deliver value for money services. It explains the principles of finance as well as financial information such as income and expenditure accounts, balance sheets, cashflows and financial performance indicators. There are worked examples and practical exercises which allow the theory to be put into practice, encouraging self-development and continuous improvement. The style is simple, easy to read, and accessible to staff at all levels within an organisation. It is an essential addition to a manager's toolkit of skills and knowledge.
 

The book covers the following areas:

INTRODUCTION 

KEEPING THE ACCOUNTS 
Keeping Financial Records 
Financial Transactions 
The Financial Statements 
Summary 

THE INCOME AND EXPENDITURE ACCOUNT 
Elements of an Income and Expenditure Account 
Preparing the Income and Expenditure Account 
Key Uses of the Income and Expenditure Account 
The Trading Account 
Preparing the Trading Account 
Objective of the Trading Account 
Summary 

THE BALANCE SHEET 
The Balance Sheet 
Types of Asset 
Liabilities 
Reserves 
Summary 

KEY FINANCIAL PERFORMANCE INDICATORS 
Surpluses 
Rate of Return 
Liquidity 
Other Financial Indicators 
Summary 

THE IMPORTANCE OF CASH FLOW 
How Cash is used in the Organisation 
Timing of Cash Flows 
Treasury Management 

FINANCIAL PLANNING AND CONTROL 
Setting Objectives 
Forecasting Expenditure 
Forecasting Income 
Income and Expenditure Forecast 
Cash Flow Forecast 
Financial Control Techniques 

KEY FINANCIAL TERMS
 

 

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