Public Finance finds a limit in the revenue-yielding strength of the State. It is a study of income and expenditure of central, 1. << /Length 5 0 R /Filter /FlateDecode >> The study of public finance relates to financial activities of the government including the financial activities central . Vaghela Nayan k Scope of Public Finance . Looks like you’ve clipped this slide to already. Introduction to Public Administration Prof. Josefina B. Bitonio, DPA 2. SEC. PUBLIC FINANCE AND TAXATION www.someakenya.com Contact: 0707 737 890 Page 2 CONTENT 1. Public Finance finds a limit in the revenue-yielding strength of the State. Part I: Meaning, Nature, Scope and Significance of Public Administration 3. Nature of Public Finance Public Finance is an Art. Po1itical science sets no definite limits to the ~xtcnsion of Stare functions. !e��X�Yd�44��0���r��s\m�;B�p۾��׹��u�^�;u������2���Z�V{W�Z�VW��A5>h�Bh��5���R�/{ݩ�_꺥h!�?������~}u�}����ߋ�JW�����ZU���P5�vp"4�Zߨӟ�M�p-V;��mu��W��mhŹ:h#!X��i}��� ѰU4,ɲ1Y�d�R��;et�BD��� One way lies inflation, and the other lies recession. » (wikipedia) Essentially, what governments do and how to pay for it. SEC. If you wish to opt out, please close your SlideShare account. %PDF-1.3 Nobody can ever think to start a business or a company without financial knowledge and management strategies. PUBLIC EXPENDITURE CHAPTER I THE NATURE OF THE STATE j ITS FUNCTIONS AND THEIR CLA.SSIFICATION SECTION 1. Introductions to public financial management - Nature and Scope of Public Finance - General overview of public financial management as envisaged by the constitution - Responsibility of National and County Treasuries - Overview of the public financial management Act Meaning & Scope of Public Finance Meaning of Public Finance The word public refers to general people and the word finance means resources.So public finance means resources of the masses,how they are collected and utilized.Thus, Public Finance is the branch of economics that studies the taxing and spending activities of government.The discipline of public […] Learn more. Views of Public Administration 4. 4 0 obj Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. •Financial Administration- It includes collection, custody and disbursement of public money, management of public debt, … As of this date, Scribd will manage your SlideShare account and any content you may have on SlideShare, and Scribd's General Terms of Use and Privacy Policy will apply. Public Finance “ The task of economic stabilization requires keeping the economy from straying too far above or below the path of steady high employment. �}-J��6J��~�]i �8�P45���>�o��u�"v��ρ�.��k��k!Nρ��X�������c�j!7=,�Pq{�{���l�C�����f#|YH?�p?�VEe�����p��p�ŋ�m� ;��r��Ҭ��(�����(��`JbBQ�K��c��xb�fǘ�g���F��D٩_��[ʟT�8=�q|��U���g���>C-wm�}AW��oP@��OP(L֚D�:)�L�N��1��Z�����gk��|��q��9qeaj��5��ɩ��. 5 (1259) Financial management is one of the important aspects in finance. Public finance is defined as an art as it applies knowledge for obtaining various objectives. Public Finance. Scribd will begin operating the SlideShare business on December 1, 2020 What is Public Finance? Its essential component that is fiscal policy uses knowledge of government income and expenses for achieving numerous goals like full employment, economic equality, and development. Flexible and vigilant fiscal and monetary policy will allow us to hold the narrow middle course.” (US president John F. Kennedy 1962) 3. Finance links itself directly to several functional departments like marketing, production and personnel. Views of Public Administration As a Field of Practice According to Waldo (1955), PA has dual usages: as a field of practice and a field of study. SEC. Now customize the name of a clipboard to store your clips. 2. x�X�n�D��+�����e���� ! The Nature And Scope Of Public Finance : Public finance is a science as well as an art. You can change your ad preferences anytime. Presentation Summary : Nature and Scope of Public Finance . Like other fundamental concepts in political science and public administration, administration has no universally accepted definition. 5 •Public debt- When public expenditure exceeds public revenue, the gap is filled by public borrowing or public debt. Vaghela Nayan k SDJ International College Public Finance 2. If you continue browsing the site, you agree to the use of cookies on this website. Public finance “ The task of economic stabilization requires keeping the economy from straying too far above or below the path of steady high employment. Public expendi­ ture in early times. Meaning of public finance • The study of public finance as a branch of economics has come to occupy a very important place in economic literature since last nine decades. 2. SEC. SDJ International College 1. ��Ƌ_F�64Է+�:���X�8r�� �EYJ�ڨ_T�N$Evߵx��>����;s���_?^�t�/��c We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. nature and scope of public finance Powerpoint Presentation . Conceptual clarification A review of literature shows that an understanding of public administration cannot be sufficient without first of all understanding the concept of Administration. Chapter 9- public finance for BBA 1. Public Finance Chapter 9 2. « Field of economics concerned with paying for collective or governmental activities, and with the administration and design of those activities. 3. Download nature and scope of public finance PPT for free. See our Privacy Policy and User Agreement for details. ?Q{.A)�c��v�����������z�*|u���u�Ǵ_%. Vaghela Nayan k SDJ International College Public Finance 2. If you continue browsing the site, you agree to the use of cookies on this website. SEC. 2. 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