Virtual training Budgeting based on the function: Budgeting is an important part of the country’s financial document. According to Article 1 of the General Accounting Law, the national budget is the government’s one-year financial plan that anticipates other sources of funding and revenues and evaluates operating costs that lead to the achievement of legal objectives. With the expansion of government duties and the rapid growth of government spending and the country’s economic situation, expenditure control lost its importance, and the need to improve the control and management of public sector resources and planning systems was raised so that decision makers could have a more general view. And have more information about the costs of activities and performance results.
This causes governments to pay more attention to the economy, efficiency, and effectiveness of government resources. These conditions not only necessitated the improvement of budgeting methods to increase coordination in the system but also created a new dimension for decision-making in the field of government financial management and led to the creation of a performance-based budgeting system to evaluate government activities. Budgeting itself is a familiar process even for the smallest economic unit – household – but should be divided into two different classes: budgeting for public institutions and private institutions.
Benefits of performance-based budgeting:
Provides a complete view of each section.
Provides clear information.
These results are related to the budget.
List of performance-based budgeting e-learning topics:
Obstacles to implementing operational budgeting
A performance-based budgeting course is useful for the following disciplines:
Prerequisites for performance-based budgeting:
This course does not require any special prerequisites and is taught from the ground up.