Jan van Helden is Professor Emeritus of Management Accounting at the Faculty of Economics and Business, University of Groningen, the Netherlands. In recent years his research has focused on management and accounting changes in public sector organizations, with a special attention to performance measurement, benchmarking, performance budgeting, and the role of consultants and researchers in public sector innovations. He has been member of the Executive for financial and personnel affairs of the province of Groningen, the Netherlands, in the 1980s. Ron Hodges is Professor of Accounting at the University of Birmingham, UK, having previously held posts at Sheffield and Nottingham. He is a member of both the Institute of Chartered Accountants in England and Wales and the Chartered Association of Certified Accountants. His research interests include the regulation of public sector accounting, public private partnerships and local government accounting and audit. He has held numerous related positions including membership of the Financial Reporting Advisory Board (FRAB) and acting as an advisor to the UK National Audit Office and the Communities and Local Government Committee of the House of Commons.

'This is the first textbook on public sector accounting for non-specialists. The authors offer a well written text and an easy-to-digest introduction into the difficult terminology of accounting and into its basic concepts. All major issues of public accounting are presented and illustrated with a broad selection of practical cases from various countries. This book can certainly serve as basic textbook for public financial management courses at undergraduate and graduate level.' Christoph Reichard, University of Potsdam, Germany 'Financial considerations underpin public sector activity, especially in times of austerity. Even when resources are less constrained, competing alternatives have to be weighed and consideration must always be given to value for money. Accounting and budgeting are effectively the language which structures decisions relating to resource allocation and should be understood by those who participate in the process. Accountants, by definition, are well versed in the activity, but it is important that others also understand at least the fundamentals. This book provides non-specialists with access to such knowledge. As might be gathered from the title, the book deals comprehensively with straightforward accounting and budgeting. It does this in a lucid way supported by many worked examples. It also goes further by including consideration of the important aspects of public sector auditing and concludes with some useful reflections on financial management reform in the public sector.' Howard Mellett, Cardiff University, UK 'This book contextualises public sector accounting tools into the broader aspects of New Public Management ideals. It will be an invaluable guide to students, researchers and practitioners involved in understanding accounting, budgeting and performance measurement in today's changing public sector environment.' Zahirul Hoque, La Trobe University, Australia 'This is a readable book on accounting and budgeting for non-specialists with easy examples and clear cases. Technical issues are organized in a well-structured text. It is a very useful tool for practitioners and policy makers.' Carlos Jorge Salgado, Hertie School of Governance, Germany

• 1. Introduction to Public Sector Accounting and Budgeting2. Introducing Accounting Basics3. The Income Statement, the Balance Sheet and the Cash Flow Statement of Public Sector Organizations4. Assessing the Financial Health of a Public Sector Organization through Ratio Analysis5. Financial Accounting Conventions and Practices6. Budgeting: Principles, Functions, Types and Processes7. Cost Allocation, Costing and Cost Management8. Capital Investment, Outsourcing and Partnerships9. Public Sector Auditing10. Public Sector Financial Management ReformsAppendicesA.3.1 Notes on BookkeepingAppendix A.7.1 Variants of the cost pool methodAppendix A.8.1: Financial calculations of the investment options for Old Port's stadiumAppendix A. 8.2: Net present cost of risks retained under Conventional Procurement (CP) and the Private Finance Initiative (PFI) for County Ambulance Service.

Jan van Helden is Professor Emeritus of Management Accounting at the Faculty of Economics and Business, University of Groningen, the Netherlands. In recent years his research has focused on management and accounting changes in public sector organizations, with a special attention to performance measurement, benchmarking, performance budgeting, and the role of consultants and researchers in public sector innovations. He has been member of the Executive for financial and personnel affairs of the province of Groningen, the Netherlands, in the 1980s. Ron Hodges is Professor of Accounting at the University of Birmingham, UK, having previously held posts at Sheffield and Nottingham. He is a member of both the Institute of Chartered Accountants in England and Wales and the Chartered Association of Certified Accountants. His research interests include the regulation of public sector accounting, public private partnerships and local government accounting and audit. He has held numerous related positions including membership of the Financial Reporting Advisory Board (FRAB) and acting as an advisor to the UK National Audit Office and the Communities and Local Government Committee of the House of Commons.

'This is the first textbook on public sector accounting for non-specialists. The authors offer a well written text and an easy-to-digest introduction into the difficult terminology of accounting and into its basic concepts. All major issues of public accounting are presented and illustrated with a broad selection of practical cases from various countries. This book can certainly serve as basic textbook for public financial management courses at undergraduate and graduate level.' Christoph Reichard, University of Potsdam, Germany 'Financial considerations underpin public sector activity, especially in times of austerity. Even when resources are less constrained, competing alternatives have to be weighed and consideration must always be given to value for money. Accounting and budgeting are effectively the language which structures decisions relating to resource allocation and should be understood by those who participate in the process. Accountants, by definition, are well versed in the activity, but it is important that others also understand at least the fundamentals. This book provides non-specialists with access to such knowledge. As might be gathered from the title, the book deals comprehensively with straightforward accounting and budgeting. It does this in a lucid way supported by many worked examples. It also goes further by including consideration of the important aspects of public sector auditing and concludes with some useful reflections on financial management reform in the public sector.' Howard Mellett, Cardiff University, UK 'This book contextualises public sector accounting tools into the broader aspects of New Public Management ideals. It will be an invaluable guide to students, researchers and practitioners involved in understanding accounting, budgeting and performance measurement in today's changing public sector environment.' Zahirul Hoque, La Trobe University, Australia 'This is a readable book on accounting and budgeting for non-specialists with easy examples and clear cases. Technical issues are organized in a well-structured text. It is a very useful tool for practitioners and policy makers.' Carlos Jorge Salgado, Hertie School of Governance, Germany

• 1. Introduction to Public Sector Accounting and Budgeting2. Introducing Accounting Basics3. The Income Statement, the Balance Sheet and the Cash Flow Statement of Public Sector Organizations4. Assessing the Financial Health of a Public Sector Organization through Ratio Analysis5. Financial Accounting Conventions and Practices6. Budgeting: Principles, Functions, Types and Processes7. Cost Allocation, Costing and Cost Management8. Capital Investment, Outsourcing and Partnerships9. Public Sector Auditing10. Public Sector Financial Management ReformsAppendicesA.3.1 Notes on BookkeepingAppendix A.7.1 Variants of the cost pool methodAppendix A.8.1: Financial calculations of the investment options for Old Port's stadiumAppendix A. 8.2: Net present cost of risks retained under Conventional Procurement (CP) and the Private Finance Initiative (PFI) for County Ambulance Service.

Jan van Helden is Professor Emeritus of Management Accounting at the Faculty of Economics and Business, University of Groningen, the Netherlands. In recent years his research has focused on management and accounting changes in public sector organizations, with a special attention to performance measurement, benchmarking, performance budgeting, and the role of consultants and researchers in public sector innovations. He has been member of the Executive for financial and personnel affairs of the province of Groningen, the Netherlands, in the 1980s. Ron Hodges is Professor of Accounting at the University of Birmingham, UK, having previously held posts at Sheffield and Nottingham. He is a member of both the Institute of Chartered Accountants in England and Wales and the Chartered Association of Certified Accountants. His research interests include the regulation of public sector accounting, public private partnerships and local government accounting and audit. He has held numerous related positions including membership of the Financial Reporting Advisory Board (FRAB) and acting as an advisor to the UK National Audit Office and the Communities and Local Government Committee of the House of Commons.

'This is the first textbook on public sector accounting for non-specialists. The authors offer a well written text and an easy-to-digest introduction into the difficult terminology of accounting and into its basic concepts. All major issues of public accounting are presented and illustrated with a broad selection of practical cases from various countries. This book can certainly serve as basic textbook for public financial management courses at undergraduate and graduate level.' Christoph Reichard, University of Potsdam, Germany 'Financial considerations underpin public sector activity, especially in times of austerity. Even when resources are less constrained, competing alternatives have to be weighed and consideration must always be given to value for money. Accounting and budgeting are effectively the language which structures decisions relating to resource allocation and should be understood by those who participate in the process. Accountants, by definition, are well versed in the activity, but it is important that others also understand at least the fundamentals. This book provides non-specialists with access to such knowledge. As might be gathered from the title, the book deals comprehensively with straightforward accounting and budgeting. It does this in a lucid way supported by many worked examples. It also goes further by including consideration of the important aspects of public sector auditing and concludes with some useful reflections on financial management reform in the public sector.' Howard Mellett, Cardiff University, UK 'This book contextualises public sector accounting tools into the broader aspects of New Public Management ideals. It will be an invaluable guide to students, researchers and practitioners involved in understanding accounting, budgeting and performance measurement in today's changing public sector environment.' Zahirul Hoque, La Trobe University, Australia 'This is a readable book on accounting and budgeting for non-specialists with easy examples and clear cases. Technical issues are organized in a well-structured text. It is a very useful tool for practitioners and policy makers.' Carlos Jorge Salgado, Hertie School of Governance, Germany

• 1. Introduction to Public Sector Accounting and Budgeting2. Introducing Accounting Basics3. The Income Statement, the Balance Sheet and the Cash Flow Statement of Public Sector Organizations4. Assessing the Financial Health of a Public Sector Organization through Ratio Analysis5. Financial Accounting Conventions and Practices6. Budgeting: Principles, Functions, Types and Processes7. Cost Allocation, Costing and Cost Management8. Capital Investment, Outsourcing and Partnerships9. Public Sector Auditing10. Public Sector Financial Management ReformsAppendicesA.3.1 Notes on BookkeepingAppendix A.7.1 Variants of the cost pool methodAppendix A.8.1: Financial calculations of the investment options for Old Port's stadiumAppendix A. 8.2: Net present cost of risks retained under Conventional Procurement (CP) and the Private Finance Initiative (PFI) for County Ambulance Service.