PPM9440

Public sector financial management

The purpose of this subject is to analyse the impact of resource management allocation and management within the public sector from the viewpoint of the economy and public sector entities. the expected outcomes of the subject are a full understanding of financial management skills for enhanced efficiency and effectiveness of resource usage. This subject is concerned with the total impact of financial resource allocation and management within the public sector. It covers in detail the implications of the integrated management cycle of resource management used extensively in the public sector planning, budgeting and resource allocation, performance management and direction (implementation), reporting and review, and then input to planning for the next resource allocation cycle. The emphasis is to develop each part of the cycle as an integral part of the management of resources, and demonstrate the importance of integrating finance, human and organisational resources into an overall planning structure. Issues include strategic business planning in government, privatisation and corporatisation, performance management, regulation of public finance and entrepreneurialism in the public sector.

Back to the 1999 Distance Education Handbook