Effective Financial Management in Public and Nonprofit Agencies: A Practical and Integrative Approach
New measurement indicator terms that have recently entered the literature are introduced, showing how they are linked to accountability and TQM. Recent developments in revenue, purchasing and inventory, cash, risk management borrowing, and debt management are also incorporated. Particular emphasis is given to performance measurements and their linkage to budgeting and management. The PPBS system that has been developed in response to the dissatisfaction with traditional line-item and performance budgeting is given its own, in-depth chapter and analysis. An important section of the book addresses fraud, waste, and abuse. Because financial management is the only activity that touches every employee in an organization, this is an indispensable book for managers on the state and local level. |