Financial administration 11 114 performance budgeting
It is a technique which links physical performance with financial input
Advantages...
..identifying aim
..to clarify the
operations of the programs
..to measure efficiency
..to promote financial
discipline
..effective dev
..reduce corruption
..to improve budget review
..help decision making
..effective administration
..long term objective
..operational
..previous years details
..past experience review
..clear picture of
spending revenue
Principles
..meaningful
classification
..functional
classification
..structure and terms of
programs
..suitable work units
.time of impl
Significance
Useful for developing
countries
Sound planning
Introductory
Fin requirements
Analysis
Classification
Evaluation
Establishing goal target
objective
Formulating activities
Setting up norms and
standards
Controlling and evaluation
system
Commitment
Motivation
Training
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