Financial Strategy for Public Managers
Sharon Kioko, University of Washington
Justin Marlowe, University of Washington
Pub Date: 2016
Publisher: Rebus Community
Conditions of Use
As the authors note, this textbook is suitable for an introduction class on financial management. To this effect, it is comprehensive. For longer courses or more in-depth classes, other resources would likely be needed. It would be nice if the... read more
Each chapter is impressive and comprehensive. The authors do recognize that the textbook might not be used in itself entirety in any given course because they comment that Chapter 2 and 3 would be appropriate for courses on government accounting,... read more
Table of Contents
- How We Pay for the Public Sector
- The Basic Financial Statements
- Financial Statement Analysis
- Transaction Analysis
- Cost Analysis
- Budget Strategy
About the Authors
About the Book
Financial Strategy for Public Managers is a new generation textbook for financial management in the public sector. It offers a thorough, applied, and concise introduction to the essential financial concepts and analytical tools that today's effective public servants need to know. It starts “at the beginning” and assumes no prior knowledge or experience in financial management. Throughout the text, Kioko and Marlowe emphasize how financial information can and should inform every aspect of public sector strategy, from routine procurement decisions to budget preparation to program design to major new policy initiatives. They draw upon dozens of real-world examples, cases, and applied problems to bring that relationship between information and strategy to life. Unlike other public financial management texts, the authors also integrate foundational principles across the government, non-profit, and “hybrid/for-benefit” sectors. Coverage includes basic principles of accounting and financial reporting, preparing and analyzing financial statements, cost analysis, and the process and politics of budget preparation. The text also includes several large case studies appropriate for class discussion and/or graded assignments.
About the Contributors
Sharon N. Kioko is Associate Professor at the Daniel J. Evans School of Public Policy and Governance at the University of Washington.
Justin Marlowe is the Endowed Professor of Public Finance and Civic Engagement at the Daniel J. Evans School of Public Policy and Governance at the University of Washington.