Financial Management in the Public Sector

XiaoHu Wang is a professor at City University of Hong Kong, China. Previously, he was professor of public administration at the University of Central Florida. He has degrees in public administration and economics. A trained specialist in US local government finance, he has worked as a financial analyst for a number of governmental institutions in the United States. His teaching and research focus on financial management, performance management, and sustainability management. His research has been published in the most prestigious academic journals in public administration and public finance. He is the winner of multiple teaching and research awards.

• Part 1: Tools for Financial Planning 1. Revenue Forecasting 2. Resource Development Analysis 3. Cost Estimation 4. Cost Comparison 5. Incremental Cost Analysis 6. Cost-Benefit Analysis Part 2: Tools for Financial Implementation 7. Financial Performance Monitoring 8. Cash Management: Determining the Optimal Cash Balance Part 3: Tools for Financial Reporting and Analysis 9. Financial Reporting and Analysis: The Statement of Net Assets and the Statement of Net Position 10. Financial Reporting and Analysis: The Statement of Activities 11. Financial Reporting and Analysis: Fund-Level Statements 12. Financial Condition Analysis 13. Debt Capacity Analysis 14. Financial Risk Assessment: Analyzing the Risk of Revenue Loss