This book is one of a series of books entitled “Essential Skills for the Public Sector”. It is increasingly important for public sector managers to have an understanding of finance to perform their jobs and deliver value for money services. It explains the principles of finance as well as financial information such as income and expenditure accounts, balance sheets, cashflows and financial performance indicators. There are worked examples and practical exercises which allow the theory to be put into practice, encouraging self-development and continuous improvement. The style is simple, easy to read, and accessible to staff at all levels within an organisation. It is an essential addition to a manager’s toolkit of skills and knowledge.
Keeping the accounts
The income and expenditure account
The balance sheet
Key financial performance indicators
The importance of cash flow
Financial planning and control