Public Sector Accounting6th Edition
Public Sector Accounting uses an integrated approach to the study of public sector accounting by linking accounting theory and practice for each of the main areas of financial accounting, management accounting and auditing. Examples from a range of Public Sector experiences are woven into the text to illustrate the issues involved.
The introduction of the book reflects managerial developments in the public sector, by giving a brief history of these in the UK and internationally then commenting on the adoption of quality assurance in the public sector.
The management accounting section discusses developments in the use of internal markets and compulsory competition and the more recent emphasis on public-private partnership and performance indicators and also explains the techniques of programme and zero-based budgeting and investment appraisal.
The financial accounting section updates and internationalises the discussion of financial accounting theory and regulation.
The final section of the book is on auditing has been updated with UK and international developments.
1 The nature of the public sector
The nature of government
Governance and public management
Accountants and the public sector
2 Performance measurement
Non-financial performance measurement
Challenges of performance measurement
3 Fundamentals of accounting
Elements of accounting
Bases of accounting
National accounting and government budgeting
4 Budgetary policies and processes
The rational control cycle
Budgeting for inputs, outputs and outcomes
5 Form and contents of budgets
Organizational structures and programmed structures
Line-item, incremental budgets
Output measurement and outcomes
6 Budgetary control
Central financial control
Devolved forms of financial control
Organizational units, programmes and products
Pricing and reimbursement
Incremental changes in output
8 Financial reporting
Form and content of published financial reports
Accrual accounting special topics
Financial and regulatory audits
- Clear writing style
- Takes an integrated approach to public sector accounting
- Includes examples from a range of public sector experience
- Discussion Topics at the end of each chapter
- Thoroughly updated to include coverage of vest value, resource accounting and budgeting and private finance initiative.
Rowan Jones is a professor of Public Sector Accounting at the University of Birmingham
Maurice Pendlebury is a professor of Accounting at Cardiff Business School Cardiff University.