Mikesell - Study guides, Class notes & Summaries

WK5A MMPA 6431 Application: Evaluating Budget Documents Master of Public Administration, Walden University MMPA 6431: Finance and Budgeting for the Public Sector Application: Evaluating Budget Documents The Government Finance Officers Association (GFOA) evaluates the planning, financing, and implementation of government operations throughout the United States and Canada. The GFOA also awards organizations for their exemplary budgetary practices using criteria established in its Distingui...

Wk 2 Budget Issues P Budget issues CJA/365 Budget issues Every business, agency or company is run by a specific budget that is tailored to its own business or organization needs. A budget forms the heart of any business or company such that without it, not operations can be performed. It provides a framework of the amount of money to be provided in a fiscal year and how and when the money will be disbursed (Mikesell, 2018). Developing an efficient and effective budget requires time, deter...

Wk 1 Public vs. Business Budget Strategies P Public and private business budgeting CJA/365 Public and business budgeting Budgeting is the most essential part of financial management.Strategic budgeting can be defined as the process of creating a long-range budget which spans a period of over one year. The purpose of this type of budget is developing a plan which supports a long-range vision for future position of an organization (Mikesell, 2018). This assignment will describe the process ...

Executive Preparation. Executive Budget. Top-Down Approach. Types of Budgets. Zero-Based Budgeting. Legislative Consideration. Appropriation Acts. Committees.

Market Failure. Information Economics. Market vs. Government Failure. Pareto Optimality. Kalder-Hicks Optimality. Institutional Failure. Tiebout Competition. Privatization of Public Goods. Agency Theory (Principal-Agent Issues). Adverse Selection. Moral Hazard. Transaction Costs Economics. Provision and Production.