Accountability For Public Money

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Accountability For Public Money

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Author : Great Britain: Parliament: House of Commons: Committee of Public Accounts
language : en
Publisher: The Stationery Office
Release Date : 2011-04-05

Accountability For Public Money written by Great Britain: Parliament: House of Commons: Committee of Public Accounts and has been published by The Stationery Office this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-04-05 with Political Science categories.

This Public Accounts Committee report addresses an issue at the core of the relationship between Parliament and government - accountability for public spending. The Committee is interested in the implications for accountability of two recent developments: the governance reforms which include Ministers chairing departmental boards and greater non-executive involvement in those boards; and the reform and localism proposals which envisage a significant devolution of responsibility for service delivery to a wide range of new bodies, in some cases independent of both central and local government. The reform and localism proposals raised fundamental points about the current model of accountability which the report explores. In practice government has long chosen to discharge accountability through the senior civil servant in each department, the Accounting Officer. Government vests in each Accounting Officer a direct and personal accountability to Parliament for his or her department's stewardship of public funds. While significant sums are spent locally, local taxes account for just 5% of revenue raised and so the overwhelming majority of public spending in the UK is routed through departments and is the responsibility of the departmental Accounting Officer. Parliament vests responsibility in the Public Accounts Committee to hold Accounting Officers accountable on its behalf. Sir Bob Kerslake has been appointed to review how the policy objectives of the reform and localism agenda might be reconciled with the current accountability model based on the Accounting Officer. The Committee sets out its fundamental elements for an effective accountability model.

Accountability For Public Money Progress Report

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Author : Great Britain: Parliament: House of Commons: Committee of Public Accounts
language : en
Publisher: The Stationery Office
Release Date : 2012-04-17

Accountability For Public Money Progress Report written by Great Britain: Parliament: House of Commons: Committee of Public Accounts and has been published by The Stationery Office this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-04-17 with Political Science categories.

This report is a follow-up to the Committee's report on Accountability for Public Money (HC 740, session 2010-11 (ISBN 9780215559029)) an issue at the core of the relationship between Parliament and government. Accounting Officers remain accountable to Parliament for funds voted to their departments but the policy intention is that local bodies will have significant discretion over the services they deliver. In the Government's response, 'Accountability: Adapting to Decentralisation', Sir Bob Kerslake drew a distinction between those services that government delivers directly and those that it may fund but are delivered in more decentralised arrangements. He proposed that Accounting Officers set out, in Accountability System Statements, the arrangements they have in place to provide assurance about the probity and value for money of funds spent through devolved systems. All departments are expected to produce Statements by summer 2012. Departments have made a genuine effort to develop arrangements which reconcile accountability and localism but the Statements so far are unwieldy and considerably more needs to be done to improve their clarity, consistency and completeness. There is concern that accountability frameworks must drive value for money and, critically, are sufficiently robust to address the operational or financial failure of service providers. Departments are placing increasing reliance on market mechanisms such as user choice to drive up performance and value for money, but there are limits to what these mechanisms can achieve. The Treasury needs to take ownership of the system and ensure that the Comptroller and Auditor General has the necessary powers and rights of access to examine the value for money of funds spent through devolved systems

Managing Public Money

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Author : J. C. Pauw
language : en
Publisher:
Release Date : 2002

Managing Public Money written by J. C. Pauw and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business & Economics categories.

Finding The Money

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Author : Gábor Péteri
language : en
Publisher: Central European University Press
Release Date : 2008

Finding The Money written by Gábor Péteri and has been published by Central European University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.

Finding the Money focuses on those areas of government most exposed to grand or petty corruption: budgeting, tax administration, public procurement, and management of government assets. The eight chapters collected in this volume are based on the assumption that corruption has systemic causes. By improving social accountability mechanisms and by increasing the institutional and human capacities of government, malfunctioning states and municipalities can be transformed. The anti-corruption techniques presented here go well beyond the introduction of political control mechanisms, expanding transparency, or revising the compact between the state and private service organizations to recommend the steps needed for fiscal transparency and good governance. Public sector integrity also depends on governments' capacity to introduce these measures, the incentives to comply set by intergovernmental fiscal relations, the use of audit and the shortest route of accountability, i.e., its direct influence by customers on service providers. Book jacket.

Managing Public Money

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Author :
language : en
Publisher:
Release Date : 2023

Managing Public Money written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with categories.

Application Of Public Money

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Author : United States. Congress. House. Select Committee on State of the Treasury Department and the Accountability of Persons Entrusted with Public Moneys
language : en
Publisher:
Release Date : 1802

Application Of Public Money written by United States. Congress. House. Select Committee on State of the Treasury Department and the Accountability of Persons Entrusted with Public Moneys and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1802 with Accounting categories.

Financial Management And Accounting In The Public Sector

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Author : Gary Bandy
language : en
Publisher: Taylor & Francis
Release Date : 2023-03-14

Financial Management And Accounting In The Public Sector written by Gary Bandy and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-03-14 with Business & Economics categories.

The importance of public financial management for the health and wellbeing of citizens became dramatically apparent as governments sought to respond to the coronavirus pandemic in 2020. Now, governments and other public sector organizations face the challenge of recovering from the pandemic whilst also seeking to achieve Sustainable Development Goals, with squeezed budgets and ever-increasing demands for public services. Public sector managers are confronted daily with targets and demands that are often set in confusing accounting and financial language. In Financial Management and Accounting in the Public Sector, Gary Bandy employs a clear and concise narrative to introduce the core concepts of public financial management to help those managers to deliver programmes, projects and services that are value for money. As the author puts it, managing public money is an art, not a science. This third edition has been revised and updated throughout, offering: a structure that is more clearly linked to the stages of the public financial management cycle greater coverage of transparency and accountability issues a broader view of public procurement to include goods, works and services and effective contract management; and an increased focus on public spending in the context of a post-COVID environment. With a glossary of terms to help managers understand and be understood by accountants, as well as learning objectives, discussion questions and exercises, this practical textbook will help students of public management and administration to understand the financial and accounting aspects of managing public services.

Lives In The Balance

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Author :
language : en
Publisher: Brookings Institution Press
Release Date : 2010-07-23

Lives In The Balance written by and has been published by Brookings Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-07-23 with Political Science categories.

Investigates the use of foreign aid by developing countries and offers solutions for making sure the money goes where it should. Original.

The Politics Of Public Money

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Author : David A. Good
language : en
Publisher: University of Toronto Press
Release Date : 2007-01-01

The Politics Of Public Money written by David A. Good and has been published by University of Toronto Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-01-01 with Political Science categories.

" Public money is perhaps the quintessential currency of influence for politicians and public servants inside government. It shapes how they undertake the nations business and it impacts on the standards of living in the country. The Politics of Public Money examines the extent to which the influence of players in the budgetary process is shifting from a bilateral relationship between departmental spenders and central guardians to a more complex multilateral relationship involving spenders and central guardians, as well as priority setters and financial watchdogs. David Good analyzes this shift of influence in terms of a broader societal change from an old village, conditioned by old norms of behaviour, to a new town that brings with it new ideas about how much public money should be spent, where it should be spent, and how it should be managed. To better understand the changing situation, Good develops a new framework for analyzing the politics and management of public money. This framework is used to explore the interactions among budget players and, perhaps the most central of all, the relationship between Prime Minister and Minister of Finance. As an analysis of the changing budgetary process and an examination of the promises and pitfalls of budgetary reform, The Politics of Public Money sheds new light on the role of insiders in influencing our governments spending. "

Financial Accountability In The European Union

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Author : Paul Stephenson
language : en
Publisher: Routledge
Release Date : 2020-11-19

Financial Accountability In The European Union written by Paul Stephenson and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-19 with Political Science categories.

This book offers comprehensive coverage of various aspects of financial accountability around the EU budget – how it is spent via policies, how institutions engage in checking policy performance (what taxpayers’ money actually delivers), and therein, the issues of monitoring, controlling, auditing, scrutinising and communicating budgetary expenditure. Presenting conceptual and theoretical approaches including financial accountability, learning, multi-level governance, implementation and throughput legitimacy, it looks at EU institutions (European Parliament, European Court of Auditors, European Ombudsman, European Public Prosecutor’s Office) and national bodies (supreme audit institutions at the national level), examining their contact with the EU budget. It details the historical development of accountability mechanisms (the ‘statement of assurance’, financial corrections, and parliamentary oversight by the Budgetary Control Committee (CONT)), and examines policy areas such as those of agriculture, social policy and cohesion (including Structural Funds and the Common Agricultural Policy), exploring the challenges of financial accountability in practice. Given the recent introduction of non-budgetary financial instruments and tools only partly financed by the EU budget, it sheds light on new burgeoning areas such as the European Stability Mechanism (ESM) and the European Fund for Strategic Investment (EFSI) and the challenges they bring for ensuring the accountability of public money. This book will be of key interest to scholars and students of audit and evaluation, budgetary spending and financial control and, more broadly, public administration, public policy and EU institutions and politics.