Improving cash management.
Author | Kinney, Anne Spray |
Position | Editorial |
For government to run smoothly, effective cash management is essential. The basic principles are well known, but applying these principles gets complicated--especially since this area, like every other aspect of government finance, has been greatly affected by the economic slowdown over the past 18 months. This issue of Government Finance Review provides a broad range of strategies and ways of thinking about cash management and related issues to help your jurisdiction maximize efficiency.
In Tactical Financial Management: Cash Flow and Budgetary Variance Analysis, Shayne C. Kavanagh and Christopher J. Swanson explain ways in which cash flow and variance analysis can address uncertainty by providing tactical insight into the organization's financial position. They provide tips you can use to improve forecasting, which is especially important during periods of instability
Local government investment pools may provide safes liquidity, and yield. In Local Government Investment Pools and the Financial Crisis: Lessons Learned, Jeff Pantages talks about how these pools have fared during the economic crisis and how they remain an important tool for protecting a government's portfolio.
In Banking Due Diligence in the New Financial World, Cynthia J. Evangelisti and...
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