Financial Management
access the 2019 outline: Click Here
The Text: The text we will be using in this course is, surprise, my own. This is the Third Edition.
The Course: This is a practical, hands-on look at the key elements of financial management in the public sector. It addresses the three key elements of financial management as I see them: getting the funds, spending them and accounting for what was done with them. We cover, from a managerial and operational perspective of a public sector manager, the accounting basis for financial management, budgeting and planning, budget cutting and reallocation, managerial control, in-year budget management, reporting, accountability, and, as with all things, audit to end the cycle.
What We Will Be Doing: There is a lot to cover in this survey, but between class presentations by me, there will hands-on applications with case studies being the centre of both class and assignment activities. We will have plenty of time for table top discussions and feedback as well as drawing out the experiences in the room to learn and share.
What About Numbers and Accounting Skills: There will be some assignments that require the use of Excel Spreadsheets. Without taking away from the thinking, analysis and presentational work that is all yours, I try to make it as easy as possible to use these tools. The final assignment is an integrative challenge. The feedback I have received on it suggests that it is exactly what you will be seeing in the real world of government.
The Course: This is a practical, hands-on look at the key elements of financial management in the public sector. It addresses the three key elements of financial management as I see them: getting the funds, spending them and accounting for what was done with them. We cover, from a managerial and operational perspective of a public sector manager, the accounting basis for financial management, budgeting and planning, budget cutting and reallocation, managerial control, in-year budget management, reporting, accountability, and, as with all things, audit to end the cycle.
What We Will Be Doing: There is a lot to cover in this survey, but between class presentations by me, there will hands-on applications with case studies being the centre of both class and assignment activities. We will have plenty of time for table top discussions and feedback as well as drawing out the experiences in the room to learn and share.
What About Numbers and Accounting Skills: There will be some assignments that require the use of Excel Spreadsheets. Without taking away from the thinking, analysis and presentational work that is all yours, I try to make it as easy as possible to use these tools. The final assignment is an integrative challenge. The feedback I have received on it suggests that it is exactly what you will be seeing in the real world of government.
Lecture Material for 2019: These are textual lectures with much more material than will be presented and discussed in class.
Lecture 1: Introduction. Access here.
Lecture 2: Accountability and Risk. Access here.
Lecture 3: Accounting Principles. Access here
Lecture 4: Financial Statements. Access here
Lecture 5: Budgets. Access here.
Lecture 6: Budgeting Tools. Access here.
Lecture 7: Budget Cutting and Reallocation. Access here.
Lecture 8: Control. Access here.
Lecture 9: In-Year Budget Control: Access here.
Lecture 10: Financial Reporting and Audit. Access here.
Lecture 1: Introduction. Access here.
Lecture 2: Accountability and Risk. Access here.
Lecture 3: Accounting Principles. Access here
Lecture 4: Financial Statements. Access here
Lecture 5: Budgets. Access here.
Lecture 6: Budgeting Tools. Access here.
Lecture 7: Budget Cutting and Reallocation. Access here.
Lecture 8: Control. Access here.
Lecture 9: In-Year Budget Control: Access here.
Lecture 10: Financial Reporting and Audit. Access here.