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Introduction: corporate governance

How do we ensure that all managers, in the private and public sector, are acting in our interests? This short animation introduces our discussion of corporate governance and accountability.

Introduction: sources of revenue

How does economic activity affect public sector revenues? This short animation introduces our discussion on taxes and their use in raising public monies.

Introduction: public sector spending

The amount spent on the public sector varies dramatically between different countries and fluctuates over time. We briefly introduce our discussion in this short animation.

Take your learning further

We hope you have enjoyed the first week of the course – Making sense of the numbers. So far we’ve introduced you to the basics of financial statements and accounting …

Introduction: stocks and flows

How do we measure and track what a company owns? This short animation introduces some basic accounting concepts used to measure and track income and cash flow.

Summing up and what next?

Over the course of the last four weeks, we’ve had a look at several components of public financial management. Now that you have hopefully finished this course, you’ll have a …

Mars Colony: en route to self-government

“Well. What should we expect?” The Chairman of the Mars Colony administration could hardly contain his trepidation. “The inspection went quite well, Mr Chairman,” Ferrari said, looking at the hologram …

Q&A: Ask the Educators

Throughout the course, we’ve been hearing about events from recent and not so recent history, as well as sharing our understanding of financial news stories and their impact on us. …

Case study: The bankruptcy of Detroit

18th July 2013 was a dark day in Detroit, when the city government filed for bankruptcy. An emergency manager, Kevyn Orr, had been appointed just a few months earlier, tasked …

Accountability and public governance

Public governance consists of the arrangements put in place to ensure that the intended outcomes for stakeholders are defined and achieved. It includes, for example, institutions and processes that help …

Corporate governance and accountability

Corporate governance: it’s the system of rules and mechanisms set up to ensure that those who manage an organisation do it in the interest of the owners. In the private …

What is accountability?

Holding someone accountable is an attractive idea, but in practice it uncovers several pitfalls. In this video Dr Gary Schwarz examines where accountability begins, and the fundamental components which underpin …

Techniques of internal audit and control

How do auditors carry out internal audits and controls? There are a number of techniques that auditors can employ. Some of these aim to prevent incorrect or illegal actions from …