Public sector financial management

목차 (Table of Contents)

• CONTENTS
• Preface = ⅸ
• Preface to the second edition = xi
• 1 Introduction = 1
• 1.1 The public sector planning process = 3
• 1.2 The Citizen's Charter = 10
• 1.3 The Financial Management Initiative = 12
• 1.4 The National Health Service = 14
• 1.5 Local government = 19
• 1.6 The nationalized industries and public corporations = 23
• 1.7 Summary = 25
• 1.8 Conclusion = 26
• 1.9 Appendix 1. 1: summary of the supply process = 26
• 2 Operational and service-based costing = 29
• 2.1 The use of costs in efficiency and value-for-money studies = 30
• 2.2. Unit cost statements = 32
• 2.3 The measurement and control of overheads = 36
• 2.4 The advantages of full appointment = 37
• 2.5 Criticisms of appointment = 39
• 2.6 An example of overhead recovery = 42
• 2.7 Some applications within the NHS = 44
• 2.8 Summary = 45
• Questions = 50
• 3 Cost variability and relevant costs = 55
• 3.1 Cost classification by behaviour = 55
• 3.2 Revenue and contribution = 58
• 3.3 The importance of cost behaviour = 60
• 3.4 Problems relating to the cost behaviour approach = 64
• 3.5 ○○○emental analysis using relevant costs = 66
• 3.6 ○○○ costs and the 1990s = 68
• 3.7 ○○○ and survival = 70
• 3.8 Sumrnary = 70
• Questions = 71
• 4 Budgeting = 83
• 4.1 The objectives of annual budget preparation = 83
• 4.2 Approaches to the budgetary process = 86
• 4.3 The bid system = 87
• 4.4 Financial planning systems = 90
• 4.5 Planning programming budgeting systems (PPBs) = 92
• 4.6 Zero-based budgeting (ZBB) = 95
• 4.7 Formula funding = 97
• 4.8 A practical approach to budgeting = 99
• 4.9 Budgeting in a competitive environment = 103
• 4.10 Summary = 113
• Questions = 114
• 5 Budgetary control = 127
• 5.1 Essentials of a system of budgetary control = 128
• 5.2 Commitment accounting = 129
• 5.3 Expenditure profiling = 130
• 5.4 Virement = 130
• 5.5 Supplementary estimates = 132
• 5.6 Reports = 132
• 5.7 Controlling central government expenditure = 133
• 5.8 Flexible budgeting and performance measurement = 137
• 5.9 Control by standards = 139
• 5.10 Examination of variances = 142
• 5.11 Control of fixed overheads = 145
• 5.12 Control of capital programmes = 146
• 5.13 Human aspects of budgetary control = 147
• 5.14 Summary = 148
• Questions = 149
• 6 The management of working capital = 157
• 6.1 Treasury management = 158
• 6.2 Cash management = 159
• 6.3 Bank reconciliation = 162
• 6.4 Transfer of money = 163
• 6.5 Alternative investment instruments = 164
• 6.6 Borrowing = 165
• 6.7 The practice of investment management = 165
• 6.8 Management of debtors = 166
• 6.9 Management of creditors = 168
• 6.10 Management of stock = 170
• 6.11 Summary = 172
• Questions = 173
• 7 The financing of capital expenditure = 181
• 7.1 The central objective in capital financing = 181
• 7.2 Financing from revenue = 182
• 7.3 Financing by borrowing = 185
• 7.4 Financing from reserves = 186
• 7.5 Financing by leasing = 187
• 7.6 Capital expenditure controls and local authorities = 190
• 7.7 Capital expendituire controls and the National Health Service = 191
• 7.8 Special topic 1: Setting a borrowing strategy = 192
• 7.9 Special topic 2: A property leaseback deal = 197
• 7.10 Special topic 3: Derivatives = 198
• 7.11 Summary = 201
• Qtiestions = 201
• 8 Capital budgets and capital programmes = 205
• 8.1 The definition of capital expenditure = 206
• 8.2 The generation of new projects = 207
• 8.3 The Multi-year capital programme = 209
• 8.4 Detailed project appraisal = 210
• 8.5 The administrative ranking of projects = 214
• 8.6 Summary = 216
• Questions = 220
• 9 Project appraisal = 227
• 9.1 Discounted cash flow = 228
• 9.2 Ranking projects = 230
• 9.3 Risk and uncertainty = 230
• 9.4 The cost of capital = 231
• 9.5 Inflation = 232
• 9.6 Other techniques of investment appraisal = 234
• 9.7 Cost-benefit analysis = 234
• 9.8 Cost-effectiveness analysis = 238
• 9.9 Summary = 241
• Questions = 245
• 10 The audit of public sector organizations = 253
• 10.1 The audit of central government = 254
• 10.2 The Health Service = 256
• 10.3 Local government = 257
• 10.4 The public corporations = 259
• 10.5 Value-for-money auditing = 260
• 10.6 Sources of value-for-money studies = 261
• 10.7 Undertaking a value-for-money study = 262
• 10.8 Effectiveness auditing = 263
• 10.9 Summary = 264
• Questions = 268
• Appendix: Present value of 1 = 272
• 11 Case Studies = 275
• References = 291
• Further reading = 293
• Index = 295