Certificate of Achievement
has completed the following course:
Understanding Public Financial Management: How Is Your Money Spent?
This online course examined the core practices of public financial management, with topics including how governments and public sector organisations obtain and use financial resources; how they report their financial performance; and how they are made accountable for their financial decisions.
4 weeks, 4 hours per week
Alberto Asquer
Lecturer in Public Policy and Management
SOAS University of London
Transcript
Learning outcomes
- Explore and understand the basics of public financial management
- Interpret and reflect on simple public sector financial statements
- Explain how governments raise finance through various means
- Explain how the budget process works at national and sub-national levels
- Discuss how auditing is conducted in public sector organisations
- Explore how public sector organisations are held accountable to the public
Syllabus
- Understanding financial statements: an examination of the information contained in common accounting terms
- Fiscal imbalances: causes and consequences
- Understanding public sector spending: how governments spend public money to implement public policies and execute programmes and projects
- Planning and budgeting: an analysis of how public expenditure decisions are made
- Evaluating public expenditures: understanding the effect of public spending decisions
- Cutting expenditures and the austerity agenda: how government austerity policies are used to reduce government activity
- Common sources of public revenues, including inter-governmental transfers, and alternative sources used by governments across the world
- Taxation: an exploration of the advantages and disadvantages of taxation, custom duties and fees, and their uses, from behavioural change to stimulating business activity
- Auditing and accountability: exploring the concept of accountability and explaining the importance of corporate governance in ensuring government accountability
- Understanding public governance: exploring how the crisis of public administration has led to financial disaster in cities like Detroit
Issued on 21st February 2021
The person named on this certificate has completed the activities in the transcript above. For more information about Certificates of Achievement and the effort required to become eligible, visit futurelearn.com/proof-of-learning/certificate-of-achievement.
This certificate represents proof of learning. It is not a formal qualification, degree, or part of a degree.
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