Description

This course provides students with a conceptual and practical introduction to budgeting and financial management in the public sector. It examines the relationship between the budget and agency strategy, reviews the mechanics of the public budgeting process, and introduces students to the basics of financial management practice and financial analysis. It also emphasizes budgeting as a tool for performance management and accountability to the public. Topics covered in the course include an overview of the structure and sources of government revenue, the politics of the budget process, capital budgeting, intergovernmental fiscal relations, the process of budget formulation, performance-based budgeting, financial reporting, and an overview of generally accepted accounting principles.