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Public expenditure tracking system (PETS) is a system that presents financial information that enables stakeholders to track the source of money and where it is being dispensed. PETS also allows the service users to reconcile incoming funds with expenditures. It is sometimes referred to as "following the money".
Fund accounting is an accounting system for recording resources whose use has been limited by the donor, grant authority, governing agency, or other individuals or organisations or by law. [1] It emphasizes accountability rather than profitability , and is used by nonprofit organizations and by governments.
Government spending or expenditure includes all government consumption, investment, and transfer payments. [1] [2] In national income accounting, the acquisition by governments of goods and services for current use, to directly satisfy the individual or collective needs of the community, is classed as government final consumption expenditure.
The accountant's perspective focuses on the accountability value in budgeting which analyzes the amount budgeted to the actual expenditures thereby describing the "wisdom of the original policy". [1] Smith and Lynch's public manager's perspective on a budget is a policy tool to describe the implementation of public policy .
“For such a great game, you hate to see stuff like that after the game. Bad for the sport. Bad for college football,” Michigan running back Kalel Mullings told the Fox broadcast.
Super-Italian highlights six flavorful, but healthy superfoods such as olives and olive oil, beans and legumes, cruciferous vegetables, small fish, vinegar and tomatoes.. The author told PEOPLE ...
Indexes ended lower on Thursday as traders focused on the coming jobs report. The data is expected to show the US economy added 214,000 new hires, a steep uptick from October's reading.
Country Expenditure on education (% of government spending) Year Grenada 42.79: 2016 Zimbabwe 30.01: 2014 Ethiopia 27.10: 2015 Eswatini 24.95: 2014 Bhutan 24.04: 2017 Guatemala
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