Business sciences

The aim of the course is to offer the tools for the comprehension of the functions and utilities of the State and local governments budgets, and more generally, of the economic/financial programming within the current system of public administration which is based on the criteria of effectiveness, efficiency and economy. This goal is achieved through a critical study of the legal framework (and its historical genesis) of the most relevant institutions of public financial management. In particular, the course examines the instruments of the economic/financial programming, the principles and legal norms of budget management (i.e., , management of public resources), the new reporting principles, the reformed methodologies of internal and managerial control. The overarching objective is to provide the students with the theoretical understanding of public finance management and the operational tools to functions effectively within the public administration (according to the principle of “good administration” established by art. 97 of the Italian Constitution). This subject is required in all competitive exams for the various positions in public financial management. Functions and activities concerning government budgets with particular reference to the programming instruments of the State, regions and locale authorities; principles of financial management; revenue and expenditure procedures and connected responsibilities; administrative controls and their relevance of the improvement of management results. Operational competences in financial management (economic/financial programming, budget execution, reporting, and controls); problem-solving skills in public financial management following the principles of “good administration” and impartiality and according to the criteria of effectiveness, efficiency and economy.