Financial Management for Public, Health, and Not-for-Profit Organizations

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Reflecting recent changes in accounting standards, this Eighth Edition of Financial Management for Public, Health, and Not-for-Profit Organizations provides a comprehensive yet practical introduction to the financial decision-making and management skills required of students and practitioners in the public, health, and not-for-profit sectors. Assuming that readers have no prior training in financial management, the authors artfully combine the principles, theory, and analytics of accounting and finance. In every chapter, a wide range of exercises, case studies, and problems help student...

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Dr. Steven A. Finkler is Professor Emeritus of Public and Health Administration, Accounting, and Financial Management at New York University's Robert F. Wagner Graduate School of Public Service (NYU Wagner). At NYU Wagner he headed the specialization in health services financial management for more than 20 years. Dr. Finkler is an award-winning teacher, author, and researcher. Among his publications are 33 books, including Accounting Fundamentals for Health Care Management, 4th ed. (with Thad Calabrese and David Ward, 2024); and Finance and Accounting for Nonfinancial Managers, 6th ed. (forthcoming, 2024), and Financial Management for Nurse Managers and Executives, 5th ed. (with Cheryl Jones and Christine T. Kovner, 2019). He has also published more than 200 articles in many journals, including Health Services Research, Journal of Public Policy and Management, and Healthcare Financial Management. He received a bachelor of science degree in economics (summa cum laude with dual majors in accounting and finance), and a master of science degree in accounting (with High Honors) from the Wharton School at the University of Pennsylvania, and a master of science degree in economics and doctorate in business administration at Stanford University. Dr. Finkler, who is also a certified public accountant, worked as an auditor with EY (Ernst and Young Global Ltd.) and was on the faculty of the Wharton School before joining NYU. He is a past member of the executive board of the International Society for Research in Healthcare Financial Management and the editorial board of Health Care Management Review, and he served as treasurer and a member of the board of governors of the Daughters of Israel Geriatric Center. He was the editor of Hospital Cost Management & Accounting for 12 years and is a past member of the National Advisory Council for Nursing Research at the National Institutes of Health. He consults extensively, both around the country and abroad.