Accrual Budgeting and Fiscal Policy / / Marc Robinson
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| Autore: |
Robinson Marc
|
| Titolo: |
Accrual Budgeting and Fiscal Policy / / Marc Robinson
|
| 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 | |
| Accounting | |
| Money and Monetary Policy | |
| Public Finance | |
| Public Administration | |
| Public Sector Accounting and Audits | |
| Monetary Systems | |
| Standards | |
| Regimes | |
| Government and the Monetary System | |
| Payment Systems | |
| Fiscal Policy | |
| National Government Expenditures and Related Policies: Infrastructures | |
| Other Public Investment and Capital Stock | |
| National Government Expenditures and Related Policies: General | |
| Public finance & taxation | |
| Public finance accounting | |
| Monetary economics | |
| Macroeconomics | |
| Accrual accounting | |
| Currencies | |
| Capital spending | |
| Expenditure | |
| Finance, Public | |
| Money | |
| Capital investments | |
| Expenditures, Public | |
| Soggetto geografico: | United Kingdom |
| 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 |
| 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 Papers; Working Paper ; ; No. 2009/084