"It's not your money - it belongs to the people." Taking this simple axiom seriously creates unique challenges for the management of public funds. Andrew Graham outlines all aspects of public sector financial management, addressing how funds are obtained, what rules of accountability and accounting are applied, who controls public funds, what constitutes effective budget management at the operational level, and how accountability and oversight are dealt with. The skills demanded of public sector managers in financial management are becoming increasingly onerous and complex. Canadian Public Sector Financial Management will be of great help to practitioners in the public sector who wish to better understand their financial responsibilities as well as to students of public administration and the general reader concerned with public financial management issues. The secondedition of Canadian Public-Sector Financial Management updates the widely used text, reflecting on the developments in public financial management over the past six years. Developments in financial reporting and the widespread need for governments to constrain growth and manage their finances more closely are looked at. It remains focused on the practitioner and manager in the public sector. A primer on managing public funds and a sophisticated presentation of how governments actually work. Andrew Graham is adjunct professor, School of Policy Studies, Queen's University. He also served as a public servant for over thirty years and as an assistant deputy minister for over fourteen of those years. "Behind fads that come and go, often at great cost to effective delivery, is a set of basic financial skills essential to good government. This magisterial book explains the nuts and bolts of public sector financial management and will prove useful to students and to practitioners throughout Canada's public sector." Ian D. Clark, president, Council of Ontario Universities
