Treasury Management Practices at Universiti Utara Malaysia

The purpose of the study is to evaluate the effectiveness of treasury management practices at Universiti Utara Malaysia (UUM). Respondents of the research are the Bursar and a senior officer of the UUM’S Bursar Department. The type of research is a comparative study and the instruments of information collection used were through questionnaires and interviews. Descriptive method was employed in analyzing the data. The gathered information was compared with the Code of Practice on Treasury management by The Chartered Institute of Public Finance and Accountancy (CIPFA), which is being adopted by University of Oxford, United Kingdom. Result of the research shows that the UUM’S Bursar Department does not fully adopted all the Code of Practice on Treasury management by The Chartered Institute of Public Finance and Accountancy (CIPFA). However, UUM has partially adopted the treasury management practices such as in cash flow forecasting, investment, money laundering, staff training, reporting, performance measurement, and budgeting, accounting and auditing. This study is able to create awareness in understanding the importance and the function of treasury management. In reality, treasury management practice becomes more relevant to UUM in view that its stakeholder, the Government of Malaysia, might reduce future financial assistance. Moreover, UUM is already experiencing reduction of financial resources from government. Therefore, to ensure the optimal practice of treasury management, a framework on treasury management has been established to act as a guidance for the Bursar Department of UUM. Lastly, further research need to be done involving other public higher education institutions, so that a standard policy on treasury management practices for the whole public higher education institutions in Malaysia can be made a reality

Electronic transformation of government in the U.K.: a research agenda

This paper presents the findings of an exploratory research project into future e-Government (electronic Government) initiatives. The Virtual Institute for Electronic Government Research (VIEGO) project aimed at identifying and further developing the research agenda of e-Government based on a solid practical ground. As such, the paper offers a novel methodology in identifying the road map for future e-Government initiatives based on a series of workshops organised around the U.K. hosting a mixture of stakeholders involving both academics and parishioners. The analysis of the VIEGO workshops depicted that an e-Government research agenda involves a combination of social, technological and organisational issues at both governmental and individual citizen level, ultimately driven by empirical case-based experience and active participation in e-Government processes. Unlike other propositions for the future of e-Government offered in the e- Government literature, raised research questions not only originated from an analysis of e-Government literature but also on the outcome of brainstorming, reflections and contemplations throughout the duration of the project

Financial Reporting for Non-Profit Organizations: The Case of Peace Corps Gambia

Concerns about the non-profit sector's alleged lack of accountability and transparency have led to calls for the creation of accounting standards or recommended practices. This should be a framework for covering all aspects of the NPO sector, from governance and compliance to information asymmetry and transparency, and effectiveness. The purpose of this article is to review the Financial Statements of the Peace Corps Gambia, in view of the IFR4NPO prepared by CIPFA and search for some common points

Reform of police pensions in England and Wales

We analyse pension reforms for police officers in England and Wales using force-level data. We quantify the impact on overall police pension plan liabilities, examining incidence across police officers, national and local taxpayers. We also examine reforms of retirement rules, especially concerning early retirement on grounds of ill-health. Differences in ill-health retirement across forces are statistically related to area-specific stresses of policing and force-specific human resources policies. Reforms in 2006 impacted primarily on the level of ill-health retirement among forces with above-average rates of early retirement. We find residual differences in post-2006 ill-health retirement rates across forces are related to differential capacities to raise revenue from local property taxes

Library purchasing consortia in the UK: activity and practice

This Briefing is based on a survey undertaken for a BLRIC/LIC-funded research project (RIC/G/403). It describes the models of operation of purchasing consortia in four library sectors (further education, health, higher education and public libraries) and their expenditure patterns. It discusses present and future savings deriving from consortial activity and closes by predicting future activity. A list of active consortia is provided. The views expressed are those of the authors, not of BLRIC or LIC. The full report is available from CPI Ltd (e-mail [email protected] quoting ISBN 1 898869 56 1)

Performance Rating and Yardstick Competition in Social Service Provision

This paper investigates whether national evaluation of decentralised government performance tends, by lessening local information spill-overs, to reduce the scope for local performance comparisons and consequently to lower the extent of spatial auto-correlation among local government expenditures. It analyses UK local government expenditures on personal social services before and after the introduction of a national performance assessment system (SSPR, Social Services Performance Rating) that would attribute a rating to each local authority. The empirical evidence suggests that the introduction of the SSPR has substantially reduced policy mimicking among neighboring jurisdictions.social services, welfare competition, information spill-overs, spatial auto-correlation