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Financial management in the Home Office

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Release : 2012-04-26
Genre : Political Science
Kind : eBook
Book Rating : 512/5 ( reviews)

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Book Synopsis Financial management in the Home Office by : Great Britain: National Audit Office

Download or read book Financial management in the Home Office written by Great Britain: National Audit Office. This book was released on 2012-04-26. Available in PDF, EPUB and Kindle. Book excerpt: The Home Office has made good progress in improving its financial management since 2009 when the National Audit Office last evaluated its financial capability. However, while financial control is good, the Home Office could do more to integrate its financial and operational planning and thereby understand better the link between resources and performance. In addition, many of the strengths which the Department demonstrates in its core business are much less apparent in its 'change programmes'. The Department is starting to benefit from its new governance structures but there still challenges. The Department has clear plans to reduce costs in its core activities but business areas have not fully considered efficiency and effectiveness when evaluating where cuts should be made. The Department will need to achieve further savings of £1.1 billion a year by 2014-15 but a third of this sum remains uncertain. Reductions in funding from the Home Office mean that police forces must make savings worth around £1.5 billion by 2014-15 through efficiency improvements; but, in 2011, around two-thirds of forces had shortfalls in their cost reduction plans, amounting to £500 million in total. The Department will shortly be in a position to confirm how far this savings gap has been covered in the plans. There are risks to the successful delivery of the Department's change programmes, specifically in respect of the development of the National Crime Agency (NCA) and Disclosure and Barring Service (DBS) and the phasing out of the National Policing Improvement Agency (NPIA)

Financial Management in the Home Office

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Author :
Release : 2009
Genre : Finance, Public
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Financial Management in the Home Office by : Great Britain. Parliament House of Commons. Committee of Public Accounts

Download or read book Financial Management in the Home Office written by Great Britain. Parliament House of Commons. Committee of Public Accounts. This book was released on 2009. Available in PDF, EPUB and Kindle. Book excerpt:

Standards for Internal Control in the Federal Government

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Release : 2019-03-24
Genre : Reference
Kind : eBook
Book Rating : 828/5 ( reviews)

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Book Synopsis Standards for Internal Control in the Federal Government by : United States Government Accountability Office

Download or read book Standards for Internal Control in the Federal Government written by United States Government Accountability Office. This book was released on 2019-03-24. Available in PDF, EPUB and Kindle. Book excerpt: Policymakers and program managers are continually seeking ways to improve accountability in achieving an entity's mission. A key factor in improving accountability in achieving an entity's mission is to implement an effective internal control system. An effective internal control system helps an entity adapt to shifting environments, evolving demands, changing risks, and new priorities. As programs change and entities strive to improve operational processes and implement new technology, management continually evaluates its internal control system so that it is effective and updated when necessary. Section 3512 (c) and (d) of Title 31 of the United States Code (commonly known as the Federal Managers? Financial Integrity Act (FMFIA)) requires the Comptroller General to issue standards for internal control in the federal government.

Home Office: Financial Management Code of Practice for the Police Forces of England and Wales

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Release : 2013-10-22
Genre : Business & Economics
Kind : eBook
Book Rating : 033/5 ( reviews)

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Book Synopsis Home Office: Financial Management Code of Practice for the Police Forces of England and Wales by : Great Britain: Home Office

Download or read book Home Office: Financial Management Code of Practice for the Police Forces of England and Wales written by Great Britain: Home Office. This book was released on 2013-10-22. Available in PDF, EPUB and Kindle. Book excerpt: This Financial Management Code of Practice (FMCP) provides clarity around the financial governance arrangements within the police service in England and Wales, and reflects the fact that the police service has a key statutory duty to secure value for money in the use of public funds. It provides high level guidance to help ensure effective and constructive relationships in all financial matters. The FMCP sets the tone while promoting flexibility and avoiding overt prescription so that the detail of arrangements can be worked out locally. The Code applies to the discharge of functions by all Police and Crime Commissioners in England and Wales and to every Chief Constable of a police force maintained by a PCC (including, unless specifically stated, the Commissioner of the Metropolitan Police, but excluding the Commissioner of the City of London Police). Sections cover: background; context; roles and responsibilities; schemes of consent; financial regulations and standing orders on contracts; accounting; strategic and financial planning; financial management; treasury management; corporate governance; value for money; transparency, collaboration and partnerships. Effective from 1 November 2013 when it replaces the previous edition (2012, ISBN 9780108511332).

Short-term Financial Management

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Author :
Release : 1992
Genre : Business & Economics
Kind : eBook
Book Rating : 215/5 ( reviews)

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Book Synopsis Short-term Financial Management by : Ned C. Hill

Download or read book Short-term Financial Management written by Ned C. Hill. This book was released on 1992. Available in PDF, EPUB and Kindle. Book excerpt: Addresses the second dimension through an expanded treatment of the liquidity position of the firm. Provides a framework for measuring and managing the liquidity position.

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