This analytical volume looks at emerging fiscal trends and introduces the tools for effective financial management to American business professionals in the public, private, and nonprofit sectors. This hard-hitting book is the most comprehensive reference to financial theory and practice for operating a business—profit or nonprofit—in the United States today. Content focuses on fiscally responsible behaviors and strategies, such as the introduction of a financial auditing system to troubleshoot potential problems before they occur, the creation of internal control and risk management systems, and step-by-step procedures for ensuring maximum transparency and accountability in every part of the organization. Author and financial expert Jerome B. McKinney has expanded on the previous edition of this popular financial text, offering the latest best practices in e-government applications, cash flow analysis, revenue forecasting, and fiscal health evaluations. This fourth edition also looks at sustainability, the role of monetary policies and fiscal policy, globalization and its competitive impact, and the massive growth of outsourcing. On a final note, the work explains how recent legislation has influenced the development, use, and implementation of performance measures holding government agencies more accountable for their actions.
This is a complete and up-to-date revision of the classic text for public administration, implementing the rule of law as a fundamental issue in American democracy in pursuit of the common interest. It presents public administration as a tension between the necessary exercise of power and the search for responsiveness to achieve maximum accountability from public servants. The authors have initiated a new approach to the study of public administration by focusing on middle- and lower-level managers. These are positions that most public servants will occupy for the bulk of their professional careers. The book recognizes that most of the administration is in field offices, in state and local government, and in cooperation with the private and nonprofit sectors. It then focuses on power and its potential for influencing the behavior of the bureaucracy to perform its goal-oriented and balancing functions in a pluralistic open system. This leads to the relationship between theories about administration and the actual practice and how best results (imperative of accountability) are achieved in the increasingly globalized environment.
This book provides critical insights about how U.S. policymaking is likely to be imperiling America's future, and how only the most efficient and productive organizations and governments will reap globalization's greatest rewards. Vital areas such as vocational training, manufacturing, infrastructure, sustainable debt creation and the STEM worker shortage crisis are extensively examined and innovative solutions are proposed. Twenty-seven common-good indicators are presented for assessing policymaking, aimed at providing maximum transparency and accountability.
This book provides critical insights about how U.S. policymaking is likely to be imperiling America's future, and how only the most efficient and productive organizations and governments will reap globalization's greatest rewards. Vital areas such as vocational training, manufacturing, infrastructure, sustainable debt creation and the STEM worker shortage crisis are extensively examined and innovative solutions are proposed. Twenty-seven common-good indicators are presented for assessing policymaking, aimed at providing maximum transparency and accountability.
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