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Public Sector Finance is the systematic process of recording, communicating, summarising, analysing and interpreting the financial statements and statistics of Government in aggregate and details. It deals with the receipts, custody, disbursement and rendering of stewardship on public funds entrusted. In a way, this book on 'Public Sector Finance in Sri Lanka' has been written by us with ten chapters including Public Sector Finance in Sri Lanka, Role of Different Parties in Public Finance, Public Sector Finance and Accountability, Foreign Aid Accounting, Budget Cycle, Local Government, Financial Management and Accountability, Procurement Management, Value for Money Auditing and Good Governance. This book would hopefully benefit academics, higher education students, public accountants and practitioners of Sri Lanka and other similar countries.