Financial Strategy for Public Managers
2016. Sharon Kioko, Justin Marlowe, University of Washington.
A new generation textbook for financial management in the public sector. It offers a thorough introduction to the financial concepts and analytical tools that today's public servants need to know. It assumes no prior knowledge or experience in financial management. Emphasizes 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. Integrates 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.