Student and lecturer resources
Preface
Abbreviations and acronyms
List of figures and tables
Introduction
1. What this book is about
2. Know-how
3. Field of study
Chapter 1 The public in public money
1 Money in the public sphere
2 The economic public sector
3 The international context
4 The ownership, sharing, amounts, sources and safeguarding of public money
5 Public benefits – the purpose of public money
6 Measuring public benefits
7 Accounting to the owners of public money (first discussion)
Chapter 2 Statecraft and politics in public money
1 The political organisation of the public sphere
2 Managing public money by legislation: taking the reins
3 The legislature controls public money
4 National and provincial financial management framework in
South Africa – a summary
5 The Allocation Problem, public opportunity cost and priorities
Chapter 3 Governmental budget organisation at national level in South Africa
1 The reasons for budgeting
2 Operational aspects of budgeting
3 Role-players in budgeting
4 Multi-year budget programming
5 The budget cycle
Chapter 4 Preparing your budget
1 Budget logic
2 Setting up the process
3 Planning and budgeting
4 Prioritising for the budget
5 Costing for the budget
6 Finalising the internal draft budget
7 Concluding thoughts on budgets
Chapter 5 Managing budget execution
1 Management is financial management
2 Whose accountability and responsibility is it?
3 What are the fundamentals of financial management?
4 The budget execution cycle
5 What systems are involved in budget execution?
6 Managing budget execution risks
7 Management of foreign aid
Chapter 6 Financial management technologies
1 Technology
2 Accounting
3 Financial management systems
4 Accounting standards
5 Information management
6 Reporting
Chapter 7 Working your capital
1 What is ‘working capital’?
2 Public sector considerations of working capital
3 Management of working capital
4 Other management considerations
5 The essential areas of working capital management
Chapter 8 Procuring goods and services and the supply chain
1 Procurement management (incorporating Supply Chain
Management)
2 Policy and practice in transition
3 Principles and broad management issues
4 Categories of expenditure
5 Unacceptable instances of expenditure
6 Supply Chain Management (SCM)
Chapter 9 Managing municipal money
1 Fundamental transformation in the local sphere of government
2 Approaches to municipal financial management .
3 Policy framework for municipal financial management in South Africa
4 Functions and powers of municipalities
5 Public institutions, organisational structures and role players involved in municipal financial management
6 Municipal planning and budgeting practices
7 Management of revenue, expenditure, assets and liabilities
8 Municipal accounting
9 Financial management of municipal entities
10 Conclusion
Chapter 10 Ethics: Combatting fraud and corruption
1 The nature of ethics
2 Ethics in our time
3 Pathology: fraud and corruption
4 Putting things right
5 Upholding public ethics standards in South Africa
6 Professionalism and ethics in municipal finance: a case study
Solutions to selected Brainteasers
References
Acknowledgements
Definitions
Index
