-
What is Public Finance?
WHAT IS PUBLIC FINANCE?
In simple layman terms, public finance is the study of finance related to government entities. It revolves around the role of government income and expenditure in the economy.
Prof. Dalton in his book Principles of Public Finance states that “Public Finance is concerned with income and expenditure of public authorities and with the adjustment of one to the other”
By this definition, we can understand that public finance deals with income and expenditure of government entity at any level be it central, state or local.
Related Video tutorials
1. What is #Finance
https://youtu.be/BQ-m8ZmpAGk
2. What is #Personal_Finance
https://youtu.be/TffXTwM9pfM
3. What is #Corporate_Finance
https://youtu.be/sdWrx10kQWQ
kindly #Subscribe #like and #Share
published: 06 Jul 2020
-
Introduction to Public Financial Management Explained | Summary Guide for Accounting Officers | PFM
Subscribe Now: https://www.youtube.com/@ConsultKano?sub_confirmation=1
Join Our Exclusive Membership Community: https://www.youtube.com/c/KanoConsultants/join
Support Our Patreon Page: https://www.patreon.com/consultkano?fan_landing=true
#ConsultKano @ConsultKano
Public Financial Management (Or PFM) relates to how the resources available to the government are utilized and accounted for.
An accounting officer for a department must ensure that that government has and maintains effective, efficient and of financial and risk management and internal control.
The objective of Public Financial Management is to achieve value for money in meeting the goals of government through being transparent and complying with all relevant legislation.
Public Financial Management integrates all component...
published: 13 May 2022
-
Not enough professionals in public financial management
At the second public finance managers conference which is mainly targeted at those that manage central and local government accounts, illicit financial flows and corruption was highlighted as a key challenge for these officers. The two-day conference sponsored by the finance ministry will adopt recommendations with the ultimate aim of them becoming part of policy.
#NTVNews #NTVTonight #NTVWeekendEdition
Subscribe to Our Channel
For more news visit http://www.ntv.co.ug
Follow us on Twitter http://www.twitter.com/ntvuganda
Connect with us on Messenger via m.me/NTVUganda
published: 20 Mar 2024
-
The Importance of Public Financial Management
Melissa Scudo, former team lead for the USAID Tunisia Tax and Customs Reform Pilot Activity, discusses the importance of public financial management.
published: 01 Dec 2017
-
ACCA Certificate in Public Financial Management - Demo
The ACCA Certificate in Public Financial Management (Cert PFM) is a standalone, online qualification introducing the essentials of public financial management. Please watch the video to find out more about CertPFM, as well as a demonstration of the course.
published: 13 Nov 2019
-
Financial Health is Public Health | Kara Walker | TEDxWilmingtonSalon
Want to live longer? Want to be healthier? Want to feel better overall? A good place to start is with your financial health. Trust me. I know. Dr. Kara Odom Walker is Cabinet Secretary for the Delaware Department of Health and Social Services (DHSS). She has a
chemical engineering degree from the University of Delaware, her medical degree from Jefferson Medical College, a
Masters of Public Health from Johns Hopkins and a Masters in Health Services Research from UCLA.
She is a board-certified family physician who has provided care to uninsured and underserved populations. Secretary Walker
previously worked as Deputy Chief Science Officer at the Patient-Centered Outcomes Research Institute (PCORI) in
Washington.
As DHSS Secretary, she is charged with keeping Delawareans healthy, ensuring...
published: 17 Oct 2017
-
The Public Sector - Financial Strategy and Private Finance Initiative (2/11)
For more like this subscribe to the Open University channel https://www.youtube.com/channel/UCXsH4hSV_kEdAOsupMMm4Qw
Free learning from The Open University http://www.open.ac.uk/openlearn/money-management
---
Choosing the PFI route means Calderdale NHS Trust can finally have a new hospital.
(Part 2 of 11)
Playlist link - http://www.youtube.com/playlist?list=PLF32F588B1AF83727
Transcript link - http://media-podcast.open.ac.uk/feeds/b821-financial-strategy/transcript/b821pfi_03.pdf
---
For more information about the public sector visit http://www3.open.ac.uk/study/postgraduate/course/b821.htm
published: 26 Jul 2011
-
Understanding Public Financial Management - free online course at FutureLearn.com
Sign up now at https://www.futurelearn.com/courses/public-financial-management/1 'Understanding Public Financial Management: How is Your Money Spent?' is a free online course by SOAS, University of London available on FutureLearn.com
What went wrong in Greece’s handling of its public debt? How does a city government like Detroit go from prosperity to bankruptcy? And how could the looting, theft and corruption in Malawi’s “cashgate” have been avoided?
We are all concerned about where “our” money goes. We all want good roads and schools, thriving industry, and personal and national security, but how can we be sure that public monies are being managed properly, and how can we hold those in charge to account?
This free online course will provide you with the knowledge and tools to understa...
published: 19 Oct 2015
-
Financial Discipline: Executive Director of First National Bank urges the public not to overborrow.
Financial Discipline: Executive Director of First National Bank urges the public not to overborrow - Premtobre Kasee on Adom TV (23-03-24)
#premtobrekasee
#adomtv
#adomonline
Subscribe for more videos just like this: https://www.youtube.com/channel/UCKlgbbF9wphTKATOWiG5jPQ/
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Click this for more news:
https://www.adomonline.com/
published: 23 Mar 2024
-
Study Public Financial Management by Online Learning at SOAS University of London
An introduction to Public Financial Management by Online Learning at SOAS University of London. Discover the range of modules and specialist subjects you can study as part of this programme.
From Individual Professional Awards and Certificates to Postgraduate Diplomas and Masters, find out more about the qualifications available in Public Financial Management at http://bit.ly/2WoAOFc
published: 25 Mar 2019
6:21
What is Public Finance?
WHAT IS PUBLIC FINANCE?
In simple layman terms, public finance is the study of finance related to government entities. It revolves around the role of government...
WHAT IS PUBLIC FINANCE?
In simple layman terms, public finance is the study of finance related to government entities. It revolves around the role of government income and expenditure in the economy.
Prof. Dalton in his book Principles of Public Finance states that “Public Finance is concerned with income and expenditure of public authorities and with the adjustment of one to the other”
By this definition, we can understand that public finance deals with income and expenditure of government entity at any level be it central, state or local.
Related Video tutorials
1. What is #Finance
https://youtu.be/BQ-m8ZmpAGk
2. What is #Personal_Finance
https://youtu.be/TffXTwM9pfM
3. What is #Corporate_Finance
https://youtu.be/sdWrx10kQWQ
kindly #Subscribe #like and #Share
https://wn.com/What_Is_Public_Finance
WHAT IS PUBLIC FINANCE?
In simple layman terms, public finance is the study of finance related to government entities. It revolves around the role of government income and expenditure in the economy.
Prof. Dalton in his book Principles of Public Finance states that “Public Finance is concerned with income and expenditure of public authorities and with the adjustment of one to the other”
By this definition, we can understand that public finance deals with income and expenditure of government entity at any level be it central, state or local.
Related Video tutorials
1. What is #Finance
https://youtu.be/BQ-m8ZmpAGk
2. What is #Personal_Finance
https://youtu.be/TffXTwM9pfM
3. What is #Corporate_Finance
https://youtu.be/sdWrx10kQWQ
kindly #Subscribe #like and #Share
- published: 06 Jul 2020
- views: 57282
11:32
Introduction to Public Financial Management Explained | Summary Guide for Accounting Officers | PFM
Subscribe Now: https://www.youtube.com/@ConsultKano?sub_confirmation=1
Join Our Exclusive Membership Community: https://www.youtube.com/c/KanoConsultants/join
...
Subscribe Now: https://www.youtube.com/@ConsultKano?sub_confirmation=1
Join Our Exclusive Membership Community: https://www.youtube.com/c/KanoConsultants/join
Support Our Patreon Page: https://www.patreon.com/consultkano?fan_landing=true
#ConsultKano @ConsultKano
Public Financial Management (Or PFM) relates to how the resources available to the government are utilized and accounted for.
An accounting officer for a department must ensure that that government has and maintains effective, efficient and of financial and risk management and internal control.
The objective of Public Financial Management is to achieve value for money in meeting the goals of government through being transparent and complying with all relevant legislation.
Public Financial Management integrates all components in government and affects service delivery.
Public Financial Management relates to how available resources are managed in the government in an effective, effective and economical way.
Government should therefore safeguard the resources from abuse and misuse through implementing proper processes and being transparent.
One of the mandates of government is service delivery, and this is achieved through the effective and efficient management of finances and economical utilization of resources.
Therefore, there is a close inter-dependency between service delivery and financial management.
Better financial management = Better utilization of resources = Service delivery.
Reference
https://gsdrc.org/professional-dev/public-financial-management/
https://oag.treasury.gov.za/Publications/14.%20Handbooks/Guide%20on%20interdepartmental%20transactions%20and%20balances%20-%20departments.pdf
https://oag.treasury.gov.za/Publications/14.%20Handbooks/Guide%20on%20managing%20departmental%20debt.pdf
http://www.treasury.gov.za/legislation/pfma/regulations/gazette_22141.pdf
In this video, we provide a summary to Public Financial Management:
0:00 Introduction
0:38 Welcome To Our Channel
1:05 Table of Contents
2:24 Other Related Videos
2:58 Defining Public Financial Management.
3:44 Objectives of Public Financial Management.
4:09 Segments of Public Financial Management
4:57 Concepts under Financial Management in the Public Sector.
6:19 General Responsibilities of an Accounting Officer in relation to:
10:14 How the financial management is linked to Service Delivery and Supply Chain Management.
#publicfinance #economics #economist #econometrics #macroeconomics #economy #microeconomics #economic #economists #schoolofeconomics #school #economyclass #economicsclasses #industrialeconomics #growthanddevelopment #business #money #schoolofeconomicsrajasthan #stocks #schoolofeconomics #trade #finance #PFMA #PublicFinanceManagementAct #pfm
Disclaimer:
This publication and the information included in it are not intended to serve as a substitute for consultation with a professional. Specific issues, concerns and conditions always require the advice of an appropriate professional advisor. The use of the contained information is at the user's own discretion.
https://wn.com/Introduction_To_Public_Financial_Management_Explained_|_Summary_Guide_For_Accounting_Officers_|_Pfm
Subscribe Now: https://www.youtube.com/@ConsultKano?sub_confirmation=1
Join Our Exclusive Membership Community: https://www.youtube.com/c/KanoConsultants/join
Support Our Patreon Page: https://www.patreon.com/consultkano?fan_landing=true
#ConsultKano @ConsultKano
Public Financial Management (Or PFM) relates to how the resources available to the government are utilized and accounted for.
An accounting officer for a department must ensure that that government has and maintains effective, efficient and of financial and risk management and internal control.
The objective of Public Financial Management is to achieve value for money in meeting the goals of government through being transparent and complying with all relevant legislation.
Public Financial Management integrates all components in government and affects service delivery.
Public Financial Management relates to how available resources are managed in the government in an effective, effective and economical way.
Government should therefore safeguard the resources from abuse and misuse through implementing proper processes and being transparent.
One of the mandates of government is service delivery, and this is achieved through the effective and efficient management of finances and economical utilization of resources.
Therefore, there is a close inter-dependency between service delivery and financial management.
Better financial management = Better utilization of resources = Service delivery.
Reference
https://gsdrc.org/professional-dev/public-financial-management/
https://oag.treasury.gov.za/Publications/14.%20Handbooks/Guide%20on%20interdepartmental%20transactions%20and%20balances%20-%20departments.pdf
https://oag.treasury.gov.za/Publications/14.%20Handbooks/Guide%20on%20managing%20departmental%20debt.pdf
http://www.treasury.gov.za/legislation/pfma/regulations/gazette_22141.pdf
In this video, we provide a summary to Public Financial Management:
0:00 Introduction
0:38 Welcome To Our Channel
1:05 Table of Contents
2:24 Other Related Videos
2:58 Defining Public Financial Management.
3:44 Objectives of Public Financial Management.
4:09 Segments of Public Financial Management
4:57 Concepts under Financial Management in the Public Sector.
6:19 General Responsibilities of an Accounting Officer in relation to:
10:14 How the financial management is linked to Service Delivery and Supply Chain Management.
#publicfinance #economics #economist #econometrics #macroeconomics #economy #microeconomics #economic #economists #schoolofeconomics #school #economyclass #economicsclasses #industrialeconomics #growthanddevelopment #business #money #schoolofeconomicsrajasthan #stocks #schoolofeconomics #trade #finance #PFMA #PublicFinanceManagementAct #pfm
Disclaimer:
This publication and the information included in it are not intended to serve as a substitute for consultation with a professional. Specific issues, concerns and conditions always require the advice of an appropriate professional advisor. The use of the contained information is at the user's own discretion.
- published: 13 May 2022
- views: 16338
0:57
Not enough professionals in public financial management
At the second public finance managers conference which is mainly targeted at those that manage central and local government accounts, illicit financial flows an...
At the second public finance managers conference which is mainly targeted at those that manage central and local government accounts, illicit financial flows and corruption was highlighted as a key challenge for these officers. The two-day conference sponsored by the finance ministry will adopt recommendations with the ultimate aim of them becoming part of policy.
#NTVNews #NTVTonight #NTVWeekendEdition
Subscribe to Our Channel
For more news visit http://www.ntv.co.ug
Follow us on Twitter http://www.twitter.com/ntvuganda
Connect with us on Messenger via m.me/NTVUganda
https://wn.com/Not_Enough_Professionals_In_Public_Financial_Management
At the second public finance managers conference which is mainly targeted at those that manage central and local government accounts, illicit financial flows and corruption was highlighted as a key challenge for these officers. The two-day conference sponsored by the finance ministry will adopt recommendations with the ultimate aim of them becoming part of policy.
#NTVNews #NTVTonight #NTVWeekendEdition
Subscribe to Our Channel
For more news visit http://www.ntv.co.ug
Follow us on Twitter http://www.twitter.com/ntvuganda
Connect with us on Messenger via m.me/NTVUganda
- published: 20 Mar 2024
- views: 209
1:24
The Importance of Public Financial Management
Melissa Scudo, former team lead for the USAID Tunisia Tax and Customs Reform Pilot Activity, discusses the importance of public financial management.
Melissa Scudo, former team lead for the USAID Tunisia Tax and Customs Reform Pilot Activity, discusses the importance of public financial management.
https://wn.com/The_Importance_Of_Public_Financial_Management
Melissa Scudo, former team lead for the USAID Tunisia Tax and Customs Reform Pilot Activity, discusses the importance of public financial management.
- published: 01 Dec 2017
- views: 2062
2:41
ACCA Certificate in Public Financial Management - Demo
The ACCA Certificate in Public Financial Management (Cert PFM) is a standalone, online qualification introducing the essentials of public financial management. ...
The ACCA Certificate in Public Financial Management (Cert PFM) is a standalone, online qualification introducing the essentials of public financial management. Please watch the video to find out more about CertPFM, as well as a demonstration of the course.
https://wn.com/Acca_Certificate_In_Public_Financial_Management_Demo
The ACCA Certificate in Public Financial Management (Cert PFM) is a standalone, online qualification introducing the essentials of public financial management. Please watch the video to find out more about CertPFM, as well as a demonstration of the course.
- published: 13 Nov 2019
- views: 6497
13:21
Financial Health is Public Health | Kara Walker | TEDxWilmingtonSalon
Want to live longer? Want to be healthier? Want to feel better overall? A good place to start is with your financial health. Trust me. I know. Dr. Kara Odom Wal...
Want to live longer? Want to be healthier? Want to feel better overall? A good place to start is with your financial health. Trust me. I know. Dr. Kara Odom Walker is Cabinet Secretary for the Delaware Department of Health and Social Services (DHSS). She has a
chemical engineering degree from the University of Delaware, her medical degree from Jefferson Medical College, a
Masters of Public Health from Johns Hopkins and a Masters in Health Services Research from UCLA.
She is a board-certified family physician who has provided care to uninsured and underserved populations. Secretary Walker
previously worked as Deputy Chief Science Officer at the Patient-Centered Outcomes Research Institute (PCORI) in
Washington.
As DHSS Secretary, she is charged with keeping Delawareans healthy, ensuring they get the health care they need, and providing children, families and seniors with essential social services. She and her husband have two children. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx
https://wn.com/Financial_Health_Is_Public_Health_|_Kara_Walker_|_Tedxwilmingtonsalon
Want to live longer? Want to be healthier? Want to feel better overall? A good place to start is with your financial health. Trust me. I know. Dr. Kara Odom Walker is Cabinet Secretary for the Delaware Department of Health and Social Services (DHSS). She has a
chemical engineering degree from the University of Delaware, her medical degree from Jefferson Medical College, a
Masters of Public Health from Johns Hopkins and a Masters in Health Services Research from UCLA.
She is a board-certified family physician who has provided care to uninsured and underserved populations. Secretary Walker
previously worked as Deputy Chief Science Officer at the Patient-Centered Outcomes Research Institute (PCORI) in
Washington.
As DHSS Secretary, she is charged with keeping Delawareans healthy, ensuring they get the health care they need, and providing children, families and seniors with essential social services. She and her husband have two children. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx
- published: 17 Oct 2017
- views: 2238
3:27
The Public Sector - Financial Strategy and Private Finance Initiative (2/11)
For more like this subscribe to the Open University channel https://www.youtube.com/channel/UCXsH4hSV_kEdAOsupMMm4Qw
Free learning from The Open University htt...
For more like this subscribe to the Open University channel https://www.youtube.com/channel/UCXsH4hSV_kEdAOsupMMm4Qw
Free learning from The Open University http://www.open.ac.uk/openlearn/money-management
---
Choosing the PFI route means Calderdale NHS Trust can finally have a new hospital.
(Part 2 of 11)
Playlist link - http://www.youtube.com/playlist?list=PLF32F588B1AF83727
Transcript link - http://media-podcast.open.ac.uk/feeds/b821-financial-strategy/transcript/b821pfi_03.pdf
---
For more information about the public sector visit http://www3.open.ac.uk/study/postgraduate/course/b821.htm
https://wn.com/The_Public_Sector_Financial_Strategy_And_Private_Finance_Initiative_(2_11)
For more like this subscribe to the Open University channel https://www.youtube.com/channel/UCXsH4hSV_kEdAOsupMMm4Qw
Free learning from The Open University http://www.open.ac.uk/openlearn/money-management
---
Choosing the PFI route means Calderdale NHS Trust can finally have a new hospital.
(Part 2 of 11)
Playlist link - http://www.youtube.com/playlist?list=PLF32F588B1AF83727
Transcript link - http://media-podcast.open.ac.uk/feeds/b821-financial-strategy/transcript/b821pfi_03.pdf
---
For more information about the public sector visit http://www3.open.ac.uk/study/postgraduate/course/b821.htm
- published: 26 Jul 2011
- views: 1727
2:57
Understanding Public Financial Management - free online course at FutureLearn.com
Sign up now at https://www.futurelearn.com/courses/public-financial-management/1 'Understanding Public Financial Management: How is Your Money Spent?' is a fre...
Sign up now at https://www.futurelearn.com/courses/public-financial-management/1 'Understanding Public Financial Management: How is Your Money Spent?' is a free online course by SOAS, University of London available on FutureLearn.com
What went wrong in Greece’s handling of its public debt? How does a city government like Detroit go from prosperity to bankruptcy? And how could the looting, theft and corruption in Malawi’s “cashgate” have been avoided?
We are all concerned about where “our” money goes. We all want good roads and schools, thriving industry, and personal and national security, but how can we be sure that public monies are being managed properly, and how can we hold those in charge to account?
This free online course will provide you with the knowledge and tools to understand and evaluate the management of financial resources across the public sector, wherever you are. Drawing on the expertise of the Centre for Financial and Management Studies at SOAS, University of London, we’ll look at:
- how governments and public sector organisations obtain financial resources through taxation, fees, charges, natural resources and other means;
- how public sector organisations decide to use financial resources for attaining public policy goals and implementing public programmes;
- how public sector organisations report their financial performance to the public;
- how the use of public financial resources is audited;
- and how governments are made accountable for their financial decisions.
At FutureLearn, we want to inspire learning for life. We offer a diverse selection of free, high quality online courses from some of the world's leading universities and other outstanding cultural institutions. Browse all courses and sign up here: http://www.futurelearn.com
https://wn.com/Understanding_Public_Financial_Management_Free_Online_Course_At_Futurelearn.Com
Sign up now at https://www.futurelearn.com/courses/public-financial-management/1 'Understanding Public Financial Management: How is Your Money Spent?' is a free online course by SOAS, University of London available on FutureLearn.com
What went wrong in Greece’s handling of its public debt? How does a city government like Detroit go from prosperity to bankruptcy? And how could the looting, theft and corruption in Malawi’s “cashgate” have been avoided?
We are all concerned about where “our” money goes. We all want good roads and schools, thriving industry, and personal and national security, but how can we be sure that public monies are being managed properly, and how can we hold those in charge to account?
This free online course will provide you with the knowledge and tools to understand and evaluate the management of financial resources across the public sector, wherever you are. Drawing on the expertise of the Centre for Financial and Management Studies at SOAS, University of London, we’ll look at:
- how governments and public sector organisations obtain financial resources through taxation, fees, charges, natural resources and other means;
- how public sector organisations decide to use financial resources for attaining public policy goals and implementing public programmes;
- how public sector organisations report their financial performance to the public;
- how the use of public financial resources is audited;
- and how governments are made accountable for their financial decisions.
At FutureLearn, we want to inspire learning for life. We offer a diverse selection of free, high quality online courses from some of the world's leading universities and other outstanding cultural institutions. Browse all courses and sign up here: http://www.futurelearn.com
- published: 19 Oct 2015
- views: 2116
3:25
Financial Discipline: Executive Director of First National Bank urges the public not to overborrow.
Financial Discipline: Executive Director of First National Bank urges the public not to overborrow - Premtobre Kasee on Adom TV (23-03-24)
#premtobrekasee
#ad...
Financial Discipline: Executive Director of First National Bank urges the public not to overborrow - Premtobre Kasee on Adom TV (23-03-24)
#premtobrekasee
#adomtv
#adomonline
Subscribe for more videos just like this: https://www.youtube.com/channel/UCKlgbbF9wphTKATOWiG5jPQ/
Follow us on: Facebook: https://www.facebook.com/adomtv/
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Click this for more news:
https://www.adomonline.com/
https://wn.com/Financial_Discipline_Executive_Director_Of_First_National_Bank_Urges_The_Public_Not_To_Overborrow.
Financial Discipline: Executive Director of First National Bank urges the public not to overborrow - Premtobre Kasee on Adom TV (23-03-24)
#premtobrekasee
#adomtv
#adomonline
Subscribe for more videos just like this: https://www.youtube.com/channel/UCKlgbbF9wphTKATOWiG5jPQ/
Follow us on: Facebook: https://www.facebook.com/adomtv/
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Click this for more news:
https://www.adomonline.com/
- published: 23 Mar 2024
- views: 69
2:18
Study Public Financial Management by Online Learning at SOAS University of London
An introduction to Public Financial Management by Online Learning at SOAS University of London. Discover the range of modules and specialist subjects you can st...
An introduction to Public Financial Management by Online Learning at SOAS University of London. Discover the range of modules and specialist subjects you can study as part of this programme.
From Individual Professional Awards and Certificates to Postgraduate Diplomas and Masters, find out more about the qualifications available in Public Financial Management at http://bit.ly/2WoAOFc
https://wn.com/Study_Public_Financial_Management_By_Online_Learning_At_Soas_University_Of_London
An introduction to Public Financial Management by Online Learning at SOAS University of London. Discover the range of modules and specialist subjects you can study as part of this programme.
From Individual Professional Awards and Certificates to Postgraduate Diplomas and Masters, find out more about the qualifications available in Public Financial Management at http://bit.ly/2WoAOFc
- published: 25 Mar 2019
- views: 429