IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-031-35066-5_8.html
   My bibliography  Save this book chapter

The Role of the Head of Finance and the Finance Department in Line Ministries and Other Public Organisations with the Application of PFM/IC

In: Public Financial Management and Internal Control

Author

Listed:
  • Noel Hepworth

Abstract

PFM/IC has a major impact upon the role and responsibilities of the head of finance. The role extends well beyond that of bookkeeper and financial adviser. An important element of the role is to create a financially aware management and to act as the key financial adviser to management. This will require the extension of the head’s technical skills. The head of finance should also be concerned with the longer run financial resilience of the organisation and should be prepared to challenge any proposals, whether made by operational management or policy makers which might undermine that resilience. The head should also be prepared to challenge proposals which did not conform with any ministry of finance rules, for example, returns on capital investment. A key relationship of the head of finance would be with the top operational management official, the state secretary or equivalent. The head should be a member of the top management team, where one exists, of the organisation.

Suggested Citation

  • Noel Hepworth, 2024. "The Role of the Head of Finance and the Finance Department in Line Ministries and Other Public Organisations with the Application of PFM/IC," Springer Books, in: Public Financial Management and Internal Control, chapter 8, pages 257-301, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-35066-5_8
    DOI: 10.1007/978-3-031-35066-5_8
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-031-35066-5_8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.