Ebook117 pages2 hours
Increasing Professionalism in Public Finance Management: A Case Study of the United Kingdom
By Sarah Jane Squire and Ivor Beazley
Rating: 0 out of 5 stars
()
About this ebook
In countries such as the United Kingdom, the need to manage fi nances in a professional manner
has been hampered by the severe fi scal constraints of the 2008 fi nancial crisis. These pressures
are likely to persist in the long term as a result of an aging population and rising public expectations
of the quality of public services.
Whereas much attention has been paid to technical reforms to improve budgeting, expenditure
control, accounting, and auditing, less attention has been given to the process of developing skilled
financial managers, whose expertise is key to sustained improvement in the management of public
finances. Successive governments in the United Kingdom have recognized the need to strengthen
professionalism in financial management, but the financial crisis gave an additional impetus for
change. This change has been refl ected in policy statements, changes in recruitment and human
resource management practices, and the development of professional networks in accounting,
audit, procurement, and project management.
Increasing Professionalism in Public Finance Management: A Case Study of the United Kingdom
describes the journey from a civil service where generalist skills were overwhelmingly preferred toward
one where professional technical skills in finance are recognized and valued. This book represents one
of a number of country case studies aimed at sharing information about alternative paths and models
to help developing countries seeking to strengthen public fi nancial management skills on a long-term
sustainable basis.
This book will be of importance to public policy makers and public practitioners looking for ways
to improve the quality of public sector management and to a range of professional finance/
management bodies looking to strengthen their relevance to the government sector.
has been hampered by the severe fi scal constraints of the 2008 fi nancial crisis. These pressures
are likely to persist in the long term as a result of an aging population and rising public expectations
of the quality of public services.
Whereas much attention has been paid to technical reforms to improve budgeting, expenditure
control, accounting, and auditing, less attention has been given to the process of developing skilled
financial managers, whose expertise is key to sustained improvement in the management of public
finances. Successive governments in the United Kingdom have recognized the need to strengthen
professionalism in financial management, but the financial crisis gave an additional impetus for
change. This change has been refl ected in policy statements, changes in recruitment and human
resource management practices, and the development of professional networks in accounting,
audit, procurement, and project management.
Increasing Professionalism in Public Finance Management: A Case Study of the United Kingdom
describes the journey from a civil service where generalist skills were overwhelmingly preferred toward
one where professional technical skills in finance are recognized and valued. This book represents one
of a number of country case studies aimed at sharing information about alternative paths and models
to help developing countries seeking to strengthen public fi nancial management skills on a long-term
sustainable basis.
This book will be of importance to public policy makers and public practitioners looking for ways
to improve the quality of public sector management and to a range of professional finance/
management bodies looking to strengthen their relevance to the government sector.
Related to Increasing Professionalism in Public Finance Management
Related ebooks
Entrepreneurship Education and Training Rating: 5 out of 5 stars5/5Entrepreneurship Education and Training: Insights from Ghana, Kenya, and Mozambique Rating: 0 out of 5 stars0 ratingsInternational Public Sector Accounting Standards Implementation Road Map for Uzbekistan Rating: 0 out of 5 stars0 ratingsDesign for Impact: A State Aid Evaluation for Romania Rating: 0 out of 5 stars0 ratingsBraced for Impact: Reforming Kazakhstan's National Financial Holding for Development Effectiveness and Market Creation Rating: 0 out of 5 stars0 ratingsImplementing Results-Based Budget Management Frameworks: An Assessment of Progress in Selected Countries Rating: 0 out of 5 stars0 ratingsPublic Financial Management Systems—Sri Lanka: Key Elements from a Financial Management Perspective Rating: 0 out of 5 stars0 ratingsToward New Sources of Competitiveness in Bangladesh: Key Insights of the Diagnostic Trade Integration Study Rating: 0 out of 5 stars0 ratings
Budgeting For You
Good Money Revolution: How to Make More Money to Do More Good Rating: 4 out of 5 stars4/5Bookkeeping: An Essential Guide to Bookkeeping for Beginners along with Basic Accounting Principles Rating: 4 out of 5 stars4/5Personal Finance for Beginners - A Simple Guide to Take Control of Your Financial Situation Rating: 5 out of 5 stars5/5How To Budget And Manage Your Money In 7 Simple Steps Rating: 5 out of 5 stars5/5Dirty Little Secrets: What the Credit Reporting Agencies Won't Tell You Rating: 4 out of 5 stars4/5QuickBooks: A Beginner’s Guide to Bookkeeping and Accounting for Small Businesses Rating: 0 out of 5 stars0 ratingsFundamentals of Project Management Rating: 4 out of 5 stars4/5Credit Repair: Make a Plan, Improve Your Credit, Avoid Scams Rating: 4 out of 5 stars4/5Life Insurance Dirty Little Secrets for Consumers Revealed! Rating: 5 out of 5 stars5/5How to Pay Zero Taxes, 2020-2021: Your Guide to Every Tax Break the IRS Allows Rating: 0 out of 5 stars0 ratingsThe 1-Page Budgeting Plan: Become Debt Free, Accumulate Savings, Build Wealth Investing, and Live Life on Your Terms Rating: 0 out of 5 stars0 ratingsMore Money Now: A Millennial's Guide to Financial Freedom and Security Rating: 0 out of 5 stars0 ratingsThe Facility Management Handbook Rating: 0 out of 5 stars0 ratingsHow to Fix Your Terrible Credit Score: Getting Out of Debt the Easy Way! Rating: 0 out of 5 stars0 ratings30-Day Kickass Single Mom Money Makeover: Get Your Financial Act Together, Finally and Forever! Rating: 0 out of 5 stars0 ratingsPractical Life Skills - Managing Money Gr. 9-12+ Rating: 0 out of 5 stars0 ratingsMinimalist Budget: Financial Freedom, #1 Rating: 4 out of 5 stars4/530 Day Spending Detox: The Simple Plan To Save Money & Get Out Of Debt In One Month Rating: 2 out of 5 stars2/5Rich Nurse Poor Nurses The Critical Stuff Nursing School Forgot To Teach You Rating: 0 out of 5 stars0 ratingsProject Management for Small Business: A Streamlined Approach from Planning to Completion Rating: 0 out of 5 stars0 ratingsSummary of Covid 19: by Klaus Schwab - The Great Reset - A Comprehensive Summary Rating: 0 out of 5 stars0 ratingsLiving Well, Spending Less / Unstuffed Bible Study Guide: Eight Weeks to Redefining the Good Life and Living It Rating: 0 out of 5 stars0 ratingsThe Shoestring Girl: How I Live on Practically Nothing and You Can Too Rating: 4 out of 5 stars4/5
Reviews for Increasing Professionalism in Public Finance Management
Rating: 0 out of 5 stars
0 ratings
0 ratings0 reviews