Understanding Public Financial Management: How Is Your Money Spent?

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Brief Introduction

How do governments acquire and spend public money? Take a fresh look at public financial management with this free online course.

Course Summary

Learn about managing public finances and budgeting with this online course. Covering topics from financial reporting to managing risk, this course is perfect for those interested in working in public finance.

Key Learning Points

  • Understand the basics of public financial management
  • Learn about financial reporting and budgeting
  • Explore the challenges of managing public finances

Related Topics for further study


Learning Outcomes

  • Understand the principles of public financial management
  • Develop skills in financial reporting and budgeting
  • Learn how to manage risk in public finance

Prerequisites or good to have knowledge before taking this course

  • Basic understanding of finance
  • Good analytical skills

Course Difficulty Level

Beginner

Course Format

  • Online self-paced course
  • Video lectures
  • Interactive quizzes

Similar Courses

  • Introduction to Public Policy
  • Public Speaking
  • Leadership and Management

Related Education Paths


Related Books

Requirements

  • This is a general level course, however some knowledge of economics, political science, or accounting may be useful. This course would also be of interest to those already working in public sector management or simply looking for a better understanding of contemporary financial issues.

Knowledge

  • Understanding financial statements: an examination of the information contained in common accounting termsFiscal imbalances: causes and consequencesUnderstanding public sector spending: how governments spend public money to implement public policies and execute programmes and projectsPlanning and budgeting: an analysis of how public expenditure decisions are madeEvaluating public expenditures: understanding the effect of public spending decisionsCutting expenditures and the austerity agenda: how government austerity policies are used to reduce government activityCommon sources of public revenues, including inter-governmental transfers, and alternative sources used by governments across the worldTaxation: an exploration of the advantages and disadvantages of taxation, custom duties and fees, and their uses, from behavioural change to stimulating business activityAuditing and accountability: exploring the concept of accountability and explaining the importance of corporate governance in ensuring government accountabilityUnderstanding public governance: exploring how the crisis of public administration has led to financial disaster in cities like Detroit

Summary of User Reviews

Learn about public financial management with this comprehensive online course. Users have praised the course for its engaging content and knowledgeable instructors.

Key Aspect Users Liked About This Course

engaging content

Pros from User Reviews

  • Knowledgeable instructors
  • Comprehensive coverage of topics
  • Interactive learning activities
  • Real-world examples
  • Flexible scheduling

Cons from User Reviews

  • Limited interaction with instructors
  • Some sections may be too basic for experienced professionals
  • Course materials can be overwhelming
  • Lack of in-depth discussion on certain topics
  • No formal certification upon completion
Free
Available now
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Alberto Asquer
SOAS University of London
Futurelearn

Instructor

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