Increasing Professionalism in Public Finance Management : A Case Study of the United Kingdom

In countries such as the United Kingdom, the need to manage fi nances in a professional manner has been hampered by the severe fi scal constraints of the 2008 fi nancial crisis. These pressures are likely to persist in the long term as a result of an aging population and rising public expectations...

Full description

Bibliographic Details
Main Authors:	Jane Squire, Sarah, Beazley, Ivor
Format:	Book
Language:	English en_US
Published:	Washington, DC: World Bank 2016
Subjects:	FINANCIAL MANAGEMENT PUBLIC FINANCE PROFESSIONAL EDUCATION HUMAN RESOURCE MANAGEMENT PROFESSIONALIZATION RECRUITMENT GOVERNMENT PROCUREMENT INTERNAL AUDIT BUDGETING RESOURCE MANAGEMENT EFFICIENCY
Online Access:	http://hdl.handle.net/10986/25276

id	okr-10986-25276
recordtype	oai_dc
spelling	okr-10986-252762021-04-23T14:04:29Z Increasing Professionalism in Public Finance Management : A Case Study of the United Kingdom Jane Squire, Sarah Beazley, Ivor FINANCIAL MANAGEMENT PUBLIC FINANCE PROFESSIONAL EDUCATION HUMAN RESOURCE MANAGEMENT PROFESSIONALIZATION RECRUITMENT GOVERNMENT PROCUREMENT INTERNAL AUDIT BUDGETING RESOURCE MANAGEMENT EFFICIENCY In countries such as the United Kingdom, the need to manage fi nances in a professional manner has been hampered by the severe fi scal constraints of the 2008 fi nancial crisis. These pressures are likely to persist in the long term as a result of an aging population and rising public expectations of the quality of public services. Whereas much attention has been paid to technical reforms to improve budgeting, expenditure control, accounting, and auditing, less attention has been given to the process of developing skilled financial managers, whose expertise is key to sustained improvement in the management of public finances. Successive governments in the United Kingdom have recognized the need to strengthen professionalism in financial management, but the financial crisis gave an additional impetus for change. This change has been refl ected in policy statements, changes in recruitment and human resource management practices, and the development of professional networks in accounting, audit, procurement, and project management. Increasing Professionalism in Public Finance Management: A Case Study of the United Kingdom describes the journey from a civil service where generalist skills were overwhelmingly preferred toward one where professional technical skills in finance are recognized and valued. This book represents one of a number of country case studies aimed at sharing information about alternative paths and models to help developing countries seeking to strengthen public fi nancial management skills on a long-term sustainable basis. This book will be of importance to public policy makers and public practitioners looking for ways to improve the quality of public sector management and to a range of professional finance/ management bodies looking to strengthen their relevance to the government sector. 2016-10-27T13:56:26Z 2016-10-27T13:56:26Z 2016-10-27 Book 978-1-4648-0804-3 http://hdl.handle.net/10986/25276 English en_US World Bank Study; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication United Kingdom
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	FINANCIAL MANAGEMENT PUBLIC FINANCE PROFESSIONAL EDUCATION HUMAN RESOURCE MANAGEMENT PROFESSIONALIZATION RECRUITMENT GOVERNMENT PROCUREMENT INTERNAL AUDIT BUDGETING RESOURCE MANAGEMENT EFFICIENCY
spellingShingle	FINANCIAL MANAGEMENT PUBLIC FINANCE PROFESSIONAL EDUCATION HUMAN RESOURCE MANAGEMENT PROFESSIONALIZATION RECRUITMENT GOVERNMENT PROCUREMENT INTERNAL AUDIT BUDGETING RESOURCE MANAGEMENT EFFICIENCY Jane Squire, Sarah Beazley, Ivor Increasing Professionalism in Public Finance Management : A Case Study of the United Kingdom
geographic_facet	United Kingdom
relation	World Bank Study;
description	In countries such as the United Kingdom, the need to manage fi nances in a professional manner has been hampered by the severe fi scal constraints of the 2008 fi nancial crisis. These pressures are likely to persist in the long term as a result of an aging population and rising public expectations of the quality of public services. Whereas much attention has been paid to technical reforms to improve budgeting, expenditure control, accounting, and auditing, less attention has been given to the process of developing skilled financial managers, whose expertise is key to sustained improvement in the management of public finances. Successive governments in the United Kingdom have recognized the need to strengthen professionalism in financial management, but the financial crisis gave an additional impetus for change. This change has been refl ected in policy statements, changes in recruitment and human resource management practices, and the development of professional networks in accounting, audit, procurement, and project management. Increasing Professionalism in Public Finance Management: A Case Study of the United Kingdom describes the journey from a civil service where generalist skills were overwhelmingly preferred toward one where professional technical skills in finance are recognized and valued. This book represents one of a number of country case studies aimed at sharing information about alternative paths and models to help developing countries seeking to strengthen public fi nancial management skills on a long-term sustainable basis. This book will be of importance to public policy makers and public practitioners looking for ways to improve the quality of public sector management and to a range of professional finance/ management bodies looking to strengthen their relevance to the government sector.
format	Book
author	Jane Squire, Sarah Beazley, Ivor
author_facet	Jane Squire, Sarah Beazley, Ivor
author_sort	Jane Squire, Sarah
title	Increasing Professionalism in Public Finance Management : A Case Study of the United Kingdom
title_short	Increasing Professionalism in Public Finance Management : A Case Study of the United Kingdom
title_full	Increasing Professionalism in Public Finance Management : A Case Study of the United Kingdom
title_fullStr	Increasing Professionalism in Public Finance Management : A Case Study of the United Kingdom
title_full_unstemmed	Increasing Professionalism in Public Finance Management : A Case Study of the United Kingdom
title_sort	increasing professionalism in public finance management : a case study of the united kingdom
publisher	Washington, DC: World Bank
publishDate	2016
url	http://hdl.handle.net/10986/25276
_version_	1764458882926641152

Increasing Professionalism in Public Finance Management : A Case Study of the United Kingdom

Similar Items