This guide, from CIPFA’s expert Central Government Panel, provides a clear
and concise explanation of the main features of central government financial management
as it is today. It aims to give an overview of central government finance, enabling
the reader to understand its main features and guiding principles. It gives the
background to government accounting and the developments that have taken us to
where we are now, and also outlines some of the changes still to come.
Since the first edition was published in 2001, the central government context
has changed considerably. Resource accounting and budgeting has become embedded,
and HM Treasury has announced the creation of finance director posts to replace
principal finance officers at the senior financial positions in government departments
and strengthen the role of departmental boards. More recently there have been
moves to enhance the professional skills of civil servants, with financial management
among the generic competences expected of all aspiring senior civil servants.
The finance function is clearly key to the agenda for change as evidenced by
the efficiency and effectiveness reviews currently taking place.
The subject matter also falls within continuing professional development requirements
for finance professionals and those with a broader interest in finance.
This new guide will be of keen interest to existing finance professionals,
senior civil servants and non-executive board members in central government
and its arms-length bodies. Those new to the central government arena will find
the publication invaluable. Above all it is essential reading for anyone wishing
to gain an appreciation and understanding of central government finance, its
structure and management.
£49.50 for the first copy, and £29.50 for second
and subsequent copies
View the contents: Word
(14kb) | PDF
(13kb)
View the foreword: Word
(16kb) | PDF
(19kb)
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