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Finance for Non-financial Public Sector Managers 2nd Edition

£16.99

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Description

Finance for non-financial public sector managers demystifies financial accounts and terminology. This finance book gives public sector managers a good understanding of finance. It is one of a series of books entitled Essential Skills for the Public Sector.  Managers in the public sector are required to understand finance, and its implications for delivering value for money services. This book explains the principles of finance as well as financial information such as income and expenditure accounts, balance sheets, cashflows and financial performance indicators. Finance for non-financial managers has worked examples, and practical exercises, which allow the theory to be put into practice. It encourages 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.
Size: 150 mm by 210 mm
134 Pages
ISBN : 978 1899448 678
The book covers the following areas:
INTRODUCTION KEEPING THE ACCOUNTS 
Keeping Financial Records
Financial Transactions
The Financial Statements
SummaryTHE 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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