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...
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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 |
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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 |