You are here

The Sage website, including online ordering services, may be unavailable due to system maintenance on September 13th and September 14th between 6:00 pm and 12:30 pm PDT. If you need assistance, please visit our Contact us page for further information. 

Thank you for your patience and we apologise for the inconvenience.

Financial Management for Public, Health, and Not-for-Profit Organizations
Share
Share

Financial Management for Public, Health, and Not-for-Profit Organizations

Eighth Edition


February 2025 | CQ Press
Reflecting recent changes in accounting standards, this Eighth Edition of Financial Management for Public, Health, and Not-for-Profit Organizations provides a comprehensive yet practical introduction to the financial decision-making and management skills required of students and practitioners in the public, health, and not-for-profit sectors. Assuming that readers have no prior training in financial management, the authors artfully combine the principles, theory, and analytics of accounting and finance. In every chapter, a wide range of exercises, case studies, and problems help students develop strong financial assessment and judgment proficiencies while reinforcing the essential mechanics of accounting. 

 
Part I Introduction: Setting the Stage
 
Chapter 1: Introduction to Financial Management
 
Part II Planning
 
Chapter 2: Planning for Success: Budgeting
 
Chapter 3: Additional Budgeting Concepts
 
Chapter 4: Understanding Costs
 
Chapter 5: Capital Budgeting
 
Chapter 6: Long-Term Financing
 
Part III Implementation and Controlling Results
 
Chapter 7: Managing Short-Term Resources and Obligations
 
Chapter 8: Accountability and Control
 
Part IV Reporting Results
 
Chapter 9: Taking Stock of Where You Are: The Balance Sheet
 
Chapter 10: Reporting the Results of Operations: The Activity and Cash Flow Statements
 
Chapter 11: Unique Aspects of Accounting for Not-for-Profit and Health-Care Organizations
 
Chapter 12: Unique Aspects of Accounting for State and Local Governments—Part I: The Recording Process
 
Chapter 13: Unique Aspects of Accounting for State and Local Governments—Part II: Reporting Financial Results
 
Part V Financial Analysis
 
Chapter 14: Financial Statement Analysis
 
Chapter 15: Financial Condition Analysis

Supplements

Key features

NEW TO THIS EDITION

  • Recent changes implemented by the Governmental Accounting Standards Board (GASB) reflected in every chapter.
  • Updated case studies and homework problems in both managerial and financial accounting.
  • Expanded coverage of ethical issues, including ethics and governance in public organizations.
  • Streamlined throughout to improve clarity and align topics around clear learning objectives.

KEY FEATURES

  • Written for students with little or no financial management background, the book provides a uniquely comprehensive introduction to the “hard skills” for a non-expert audience.
  • Exercises, problems, case studies, and questions for discussion provide frequent opportunities to apply the skills and principles of financial management.
  • Comprehensive coverage includes cost analysis, budget preparation, budget and variance analysis, management control, and recording and reporting financial information with an emphasis on preparing and analyzing financial statements. 
  • Coverage of the foundational principles of each of the methods introduced in the book includes step-by-step equations, figures, and exhibits that illustrate how to execute financial management in practice.

Sage College Publishing

You can purchase or sample this product on our Sage College Publishing site:

Go To College Site