Public Administration and Finance
in public administration is governed by some fundamental principles of public finance. According to Mikesell (2011), there are several fundamental principles of finance management in public administration including operating under public trust and controlling the proper use of public resources. Secondly, management of public finance should be guided by sound budget decisions on the use of public funds and resources, which provide a good starting point in organizing options. Third, managers of public finance should ensure that money does not run out before the delivery of necessary services to the public. The other principles include understanding the case being made by other managers, provide suitable cases to legislative and executive… Continue Reading...
