Professional Documents
Culture Documents
ICLTE-C.1-Public Expenditure MGT & Financial Accountability - Local Budget Cycle
ICLTE-C.1-Public Expenditure MGT & Financial Accountability - Local Budget Cycle
2016 EDITION
PUBLIC FINANCIAL MANAGEMENT
ACCOUNTING
AUDITING
BUDGETING
REVENUE
GENERATION
PUBLIC REPORTING
ON PUBLIC SECTOR
FINANCIAL
OPERATIONS
DEBT CASH
MANAGEMENT MANAGEMENT
LOCAL BUDGETING FRAMEWORK
POLICY-BASED
empowers citizens
PERFORMANCE-
INFORMED
Spending within our means
Empowering citizens
through fiscal transparency,
accountability & participation
WHAT IS A BUDGET?
BUDGET
THE LOCAL BUDGET
PROCESS
IT
Y
PR
EP
AR
IL ATI
B ON
TA
N
U
O
C
AC
AUTHORIZATION
EX
EC
UT
IO
N
REVIEW
THE LOCAL BUDGET
PROCESS
PREPARATION
REVIEW
pfm
BUDGET ACCOUNTABILITY