In our research, we examine ways to increase the efficiency, effectiveness, and transparency of the financial management of governments, administrations, and not-for-profit organizations. The focus is on their practical needs and how to meet them by means of academically based approaches and concepts. Research areas include, in particular:

• Modernization of public accounting through HRM2 and IPSAS;
• Alternative financing models in the public sector such as public-private partnerships;
• Effects of digitalization on public financial management;
• Sustainable financial management through the development of a fiscal stress test;
• Evaluation of financing decisions by NPOs;
• Financial governance and planning systems such as budgeting and medium-term planning;
• Capacity building in the field of Public Financial Management (PFM);
• Sustainability in public procurement
• Data storytelling in the public sector