Managing Public Finance
- A brief history of financial management in government
- Budgeting at national level
- The art of cutting budgets
- Public service heads, managers, and those who work in some capacity with the public sector.
- Those employed within the public sector charged with the responsibility of bringing about change so that their organisation is more efficient and offers more value for money.
- Public service executives that understand the need for reform and, as a team, think through the recalibration of the state and its services that this implies.
- Those who wish to address the ethos, goals and disciplines of public service and will help to create the means of refashioning and strengthening them.
Upon completion of this course, you will be able to understand that:
- The classification of the budget enables plans to be made according to how predictable and controllable expenditure is in the different categories.
- The budget process is almost entirely ‘top-down’, with money cascading from the Treasury, even in local authorities and the health service.
- Cutting spending, in the hierarchical approach used for budgeting, involve arbitrary cuts at the top and implementation much further down the chain.