Vai al contenuto principale della pagina

Accrual budgeting and fiscal policy / / prepared by Marc Robinson



(Visualizza in formato marc)    (Visualizza in BIBFRAME)

Autore: Robinson Marc <1955-> Visualizza persona
Titolo: Accrual budgeting and fiscal policy / / prepared by Marc Robinson Visualizza cluster
Pubblicazione: [Washington D.C.], : International Monetary Fund, 2009
Edizione: 1st ed.
Descrizione fisica: 1 online resource (35 p.)
Disciplina: 332.152
Soggetto topico: Accrual basis accounting
Fiscal policy
Note generali: Description based upon print version of record.
Nota di bibliografia: Includes bibliographical references.
Nota di contenuto: Contents; I. Introduction and Objectives; II. What is Accrual Budgeting?; III. Fiscal Sustainability and Capital Expenditure Controls; Boxes; 1. Capital Expenditure Appropriation in Australia and Denmark; IV. The Accounting Basis of Key Fiscal Policy Aggregates; 2. Net Financial Debt; 3. Major Divergences Between Net Lending and the Cash Balance: Some Examples; 4. Netting off General Government Asset Sales Receipts?; V. Net Worth, the Operating Balance, and Fiscal Sustainability; 5. Net Worth as a Fiscal Sustainability Measure?; VI. Accrual Aggregate Expenditure
6. Accrual Aggregate Expenditure VII. Fiscal Policy for Macroeconomic Stabilization; 7. Accrual vs. Cash Measures of the Cost of Discretionary Fiscal Measures; VIII. Designing an Accrual Budgeting System to Support Accrual Fiscal Targets; 8. Net Capital Appropriations; IX. Targeting Cash Fiscal Aggregates under Accrual Budgeting; X. Controlling Budget Execution under Accrual Budgeting; 9. Net Lending vs. the Cash Balance; XI. Conclusion; References
Sommario/riassunto: Can an accrual budgeting system-a system in which budgetary spending authorizations to line ministries are formulated in accrual terms-serve the needs of good fiscal policy? If so, how must such a system be designed? What are the practical challenges which may arise in implementing sound fiscal policy under a budgeting system which is significantly more complex than traditional cash budgeting? These are the primary questions addressed in this paper. Because any budgeting system must support the control of key fiscal policy aggregates, the paper also considers the case for reformulating fiscal policy in terms of accrual rather than cash aggregates. The primary focus is on the potential fiscal policy role of net lending and net financial debt. However, the paper also considers whether net worth is an aggregate with major fiscal policy relevance.
Titolo autorizzato: Accrual budgeting and fiscal policy  Visualizza cluster
ISBN: 1-4623-6183-8
1-4527-5612-0
1-4518-7231-3
9786612843044
1-282-84304-4
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910816922803321
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Serie: IMF working paper ; ; WP/09/84.