Summary

This text provides both a conceptual and a practical introduction to financial management techniques, budgeting and taxation. Its extensive coverage includes budgeting and budget processes, revenue policy and administration, intergovernmental fiscal relations, debt administration and treasury management.Students are provided with a full understanding of revenue options and systems and also have an extensive range of end-of-chapter questions and exercises to complete which provide them with templates and practice for realistic scenarios.Although operational in orientation, the text also develops the analytical framework needed for flexibility as fiscal systems change.