Budget Process Research Articles

Pengelolaan Pembiayaan Pendidikan di Sekolah Menengah Pertama Swasta

Effective management of education financing is crucial for ensuring the quality and sustainability of education, particularly in private schools that frequently encounter significant financial challenges. This study aims to examine and analyze the financial management strategies employed at SMP Islam Bakti Asih, a private school in Indonesia, to demonstrate how this institution successfully navigates financial constraints while enhancing educational quality. Utilizing a qualitative research approach with a case study design, data were gathered through in-depth interviews, direct observations, and document analysis. The findings reveal that the school effectively implemented financial strategies, including diversification of funding sources, efficient emergency fund management, and active stakeholder involvement in the budgeting process. These practices have contributed to both financial stability and improved educational outcomes. The study’s implications suggest that adaptive and inclusive financial management approaches can significantly bolster the financial sustainability of educational institutions, providing a valuable model for other schools facing similar financial difficulties to consider adopting.

Trends and peculiarities of local budgets functioning in the conditions of war

The paper summarizes the theoretical and applied principles of functioning of local budgets as a component of public finance, an instrument for ensuring financial self-sufficiency, regulating socio-economic development and stimulating investment activity of regions and territorial communities, and identifies their features (territorial affiliation, dependence of the volume of local budget funds on the economic potential of the territory, social orientation, dependence on interbudgetary transfers, imperative and regulatory certainty of budgetary. The paper examines the impact of fiscal decentralization on the functioning of local budgets and the ability of local governments and executive authorities at different levels of administrative and territorial structure to exercise delegated and own powers. Based on the use of methodological tools of the dialectical approach to cognition of the essence of local budgets, a comprehensive scientific approach to this definition is formulated in terms of essence, content, form and as a phenomenon. The social purpose of local budgets is clarified, the realities are analyzed and the peculiarities of their functioning in wartime are revealed. The expediency of changes in the budget process is argued, changes in budget and tax legislation are characterized. Based on the analysis of the dynamics, composition of revenues and expenditures of local budgets, the main problems of formation and use of budgetary resources of local governments are identified. It is argued that one of the most important problems in the organization of budgetary relations at the local level is the discrepancy between local budget revenues and the need of local governments and local executive authorities for financial resources to ensure the provision of quality and affordable public services to the population.

Evaluasi penganggaran, pengalokasian, penyaluran, penatausahaan, pertanggungjawaban dan pelaporan dana desa pada Desa Pineleng Satu Timur dan Pineleng Dua Indah

The village fund can create development and empower villages toward a fair, prosperous, and prosperous society. This study aims to evaluate the processes of Budgeting, Allocation, Distribution, Administration, Accountability, and Reporting of Village Funds in the villages of Pineleng Satu Timur and Pineleng Dua Indah to determine whether they are adequate or not by examining their compliance with prevailing regulations and the theory of the Government's Internal Control System. The method used in this research is a qualitative descriptive method. The results show that the processes of Budgeting, Allocation, Distribution, Accountability, and Reporting of Village Funds in Pineleng Satu Timur and Pineleng Dua Indah villages are in accordance with the prevailing regulation, namely PMK Number 201/PMK.07/2022 concerning the Internal Control System. However, the administration process of the village funds in these villages cannot yet be considered compliant with the prevailing regulations. The budgeting to reporting processes of the village funds in both villages can be deemed adequate, considering the presence of elements of the Internal Control System in each stage from budgeting to reporting of the village funds.

DESIGN AND IMPLEMENTATION OF AN AUTOMATED BUDGETING SYSTEM AT A MINING ENTERPRISE: THE CASE OF RG GOLD LLP

This article is aimed to investigate the process of designing and implementing an automated budgeting system at a mining enterprise in order to provide an overview of methods, tools and stages of implementation, as well as an analysis of the advantages and practical examples of using this system.The purpose of the research is to identify the features of the budget process and develop recommendations for the successful implementation of an automated budgeting system to improve fi nancial management and increase the effi ciency of a mining enterprise.Methodology. The following scientifi c methods were used in the study: comparative analysis; synthesis; methods of systematization and generalization, in-depth interview, SWOT analysis.Originality / value of the research. The value of this study consists in identifying the key problems of budgeting of industrial enterprises of the Republic of Kazakhstan, developing a methodology for designing and implementing an automated budgeting system for the gold mining company RG Gold LLP. The introduction of an automated budgeting system at the enterprise has made it possible to reduce the time spent on consolidating data when forming budget applications, reduce the risk of the human factor, increase the time for forecasting and modeling the budget for making management decisions and increasing competitiveness in the market.Findings. Based on diagnostics, SWOT analysis of the current budgeting system in the fi nancial management system of RG Gold LLP and an expert survey to identify its limitations, user needs for the automation process were determined.A model product for automation of the budgeting system with functional testing of the budget campaign of RG Gold»LLP for 2024 has been designed.The automated budgeting system of Anaplan RG Gold LLP has been confi gured and training programs for its users have been developed.The potential impact of the Anaplan budgeting automation system on accelerating the process of making strategic fi nancial and managerial decisions and increasing labor productivity by saving time, labor and fi nancial resources in RG Gold LLP were estimated.

Влияние форм прямой демократии в бюджетном процессе на состояние финансовой культуры в обществе

The article’s goal is to demonstrate direct and inverse connections between direct democracy in the budget process and the financial culture of a society. The thesis statement is that law forms direct links downward between direct democracy practices in the budget process, mainly represented at the local level, and financial culture in a society. In turn, the financial culture of population serves as a restraining political mechanism in the budget process at all levels of the budget system.

Digital Rights to the City: Local Practices and Negotiations of Urban Space on Decidim

The organization, management, and production of urban space through digital information and communication technologies have become a central means for governing urban life. To overcome a lack of citizen-centered practices in today’s smart cities, governments and municipalities institutionalize citizen-centered digital infrastructures such as Decidim, a digital infrastructure proposing non-corporate, decentralized, and collaborative forms of digital production to evoke participatory governance practices and ultimately social transformation (Barandiaran et al., 2018). Swiss city administrations have adapted the Decidim platform for participatory budgeting processes and city-wide participation platforms since 2019. This article explores the process of institutional adoption, focusing on how the use of Decidim impacts local practices and negotiations for governing urban space. The examination of the Decidim platform in the Swiss cities of Zurich and Lucerne will be framed by re-conceptualizing Lefebvre’s right to the city in the age of digital transformation. The findings show that for a successful introduction of the Decidim platform based on principles of the right to the city (a) local needs for a new digital democratic instrument need to be pre-existent, (b) government employees must implement a scope of action which allows organized civil society and grassroots initiatives to appropriate the infrastructure for their own purposes, and (c) local practices of hybrid communication and organizing must be aligned with the structure of the platform. Nevertheless, digital participation tools such as Decidim cannot solve entrenched inequalities such as the financialization of land, the issue of disadvantaged neighborhoods, or the absence of voting rights for certain communities. Therefore, city administrations need to integrate hybrid participation strategies which prioritise collective power over distributive power as well as tackle urban inequalities through political means.

Budgetary control and the adoption of consortium blockchain monitoring system in the Ghanaian local government

PurposeThis study aimed to examine the adoption of consortium blockchain technology to ensure interoperability for the transparency of budgetary control in Ghanaian local government.Design/methodology/approachThis study is based on the design science research (DSR) observational technique for developing a consortium blockchain budgetary control system for Ghana's local government.FindingsThe study resulted in the design of a consortium blockchain monitoring and evaluation system to set up a mechanism to monitor various budget projects, processes and transactions for Ghana's local government. The findings also proved Ghana is ideally positioned to gain an advantage from designed artefacts such as ours, given its digital financial service (DFS) policy. In addition, the evaluation of the designed artefact proves there will be a positive impact on budgetary processes by addressing transparency concerns; however, the success of this concern depends on how the local government organisation embraces the artefact.Research limitations/implicationsThe study sheds light on budget monitoring and evaluation tied to peer-to-peer (P2P) participation in the public sector via an advanced administrative digitalised networking and communication algorithm (A Distributed Ledger Technology - blockchain). The difference between the designed artefact and the traditional M&E system is argued. The study is limited by the paradoxes and inefficiencies of the integration of blockchain into the Ghanaian local government but, at the same time, presents a high level of certainty and possibility.Practical implicationsThe proposed artefact has presented relevance because it is a new solution to existing concerns like trust, transparency, accountability and compliance, thereby improving local government budget administration.Originality/valueThe study has offered unique and new methods, guidelines and designs for tracking various budget projects and processes beyond the conventional technology-driven approach via DSR, exhibiting a unique solution for solving budget transparency, trust, accountability, compliance and data accessibility concerns.

The Role of Finance in Gender Budgeting

In this article, Gender Budgeting calls for the inclusion of a gender perspective in all levels of public budgeting processes. This study uses a literature review to examine the existing discourse on gender budgeting and identify avenues for future research. The idea of gender mainstreaming in public finance in general and the budgeting process in particular is not new and has Many governments are implementing gender budgeting.

Board of Management Occupation and Professional Training: Predictors of Budgetary Processes in Public Secondary Schools in Kangundo Sub-County, Kenya

Budgetary processes are universal and essential tools for effective financial planning and management. Budgetary processes help in the establishment of predestined goals, giving progressive performance reports and evaluation of actual performance in terms of predetermined outputs. The study objective was to establish the influence of the Board of Management occupation and professional training on school budgetary processes. The study applied the Systems theory propounded by Ludwig Von Bertalanffy in 1940s and 1950s. The survey adopted descriptive and inferential statistics survey design and targeted Principals, Teachers, B.O.M members and (1) County Auditor. The sample size consisted of 12 Principals, 32 teachers,78 B.O.M members and (1) County Auditor. The process of collecting Data was run through interviews and questionnaires. Instruments’ validity was ascertained by seeking expert guidance from the university supervisors. The instruments’ reliability was ascertained through test-retest method. Both inferential and descriptive statistics were applied to determine correlation by the use of frequencies, mean and standard deviation. Pearson product moment correlation coefficient and inferential statistics were used to demonstrate the level of significance among the study variables. Statistical package for social sciences was applied in the data analysis process. The findings of the survey were that occupation influences budgetary processes moderately r (76) =0.425, p (0.000) <0.05). The research also found out that professional training influences the participation rate in the school budgetary processes to a great extent r (76) =0.595, p (0.000) <0.05). The research concluded that professional training and occupation influences budgetary processes. The survey suggest that further studies should be done on the influence of professional training of B.O.Ms on Budget controls and Principals technical skills on Budgetary process in public secondary schools.

Social Equity in Budgeting

There is a growing recognition that budgets are key tools governments can use to advance equity for all residents. In the United States, governments at all levels are looking for ways to incorporate equity into their budget process to address concerns, particularly racial inequities, in delivering public services. Several local governments have taken steps to implement an equity focus in their budgeting processes, although most have yet to do so. In this article, we use lessons learned from equity budgeting initiatives, primarily at the local level, to provide suggestions for practitioners considering integrating an equity dimension into their budget process. We begin by discussing how public administration values influence budgeting and how they are connected to the budget orientation and format. Next, we look at the efforts of several local governments to incorporate an equity dimension into their budget process, followed by a consideration of the influence of state and federal actions on local governments. We then identify the key steps governments can take to implement an equity-focused budget.

Management aspect of risks in the budgeting process

The article describes the risks of management accounting and the management aspect of risks in budgeting and making management decisions. The purpose of the article is to generalize approaches to the development of management accounting in conditions of uncertainty and risk and to identify risks in the budgeting process and their assessment. To achieve the goal, the following tasks are defined: to determine the economic essence of risks and risks in budgeting; characterize the meaning of risks in various aspects: managerial, strategic, accounting; justify the role of risks in the process of management accounting and budgeting; identify the risks of not achieving budgeting and management goals and propose proposals for their assessment. When writing the article, the following research methods were used: analysis, synthesis, grouping, generalization, analogy. Scientific approaches to determining the economic essence of risks and risks in budgeting, features and significance of risks in management, accounting and strategic aspects are considered. Features of management accounting based on a risk-oriented approach and management decision-making under conditions of risk and uncertainty are characterized. It has been established that in management accounting for management decision-making, risks should be divided by place of origin, scope of origin and duration. It is substantiated that risks of not achieving management goals and budgeting goals may rise in economic activity already during the implementation of budgets: economic risk – failure to achieve the volume of production and sale of products, works and services planned in the budgets; financial risk – non-achievement of budgeted expenses, income, funds and financial results. In order to reduce the amount of risks in the budgeting process, it is suggested to avoid them or to warn them in the process of implementing budgets. Risk assessment should be carried out when drawing up budgets and when controlling budgets. A quantitative assessment of the risk of not achieving the budgeting goals is proposed to be carried out using the same indicators as defined in the budgets (in kind and value units).

ОСОБЛИВОСТІ СТРУКТУРИЗАЦІЇ БЮДЖЕТНОЇ СИСТЕМИ ЄВРОПЕЙСЬКОЇ СПІЛКИ

The formation of economic, customs, currency unions, as well as common budgeting systems by independent states can be considered as a concomitant trend of modern globalization processes. It is globalization, as well as increasing economic interdependence and a greater degree of market openness, that have led to the need for more effective management of regional financial transactions, as well as coordination among decision-making centers. The task of increasing the efficiency in the financial management of these associations can be solved due to the synergistic effect of the integration of the economies of the member states of such unions. The Economic and Monetary Union of European States is a vivid example of the result of integration processes in the field of economics and finance. Its most significant achievement is the implementation of a common monetary policy. However, important theoretical and practical problems arise both in the implementation of the budget policy and in the management of the budget processes of the Union. An unconditional factor in improving the efficiency of budget process management is the use of the resultoriented budgeting mechanism, the establishment of a clear relationship between goals, objectives, implementation tools, and indicators of expenditure effectiveness. This mechanism can be used in the practice of budgeting not only by sovereign states, but also by regional associations. The integration of the result-oriented budgeting mechanism into the budget systems of regional associations is associated with solving the problems of budget planning, coordination of participants in the process of coordinating budget decisions, execution and control. The EU's experience in managing budget processes has developed as a result of constant processes of improvement, adaptation to changing conditions, and the development of the most optimal solutions for the distribution of the Union's resources. Undoubtedly, the experience gained is unique due to the specifics of the EU from the economic, political, and institutional points of view. Nevertheless, the developed mechanisms and principles of management are of interest for a detailed study and assessment of the possibility of applying the established practices to other integration associations. Strengthening regional integration associations is a priority task for Ukraine in the framework of the implementation of the foreign policy concept. One of the main factors contributing to the integration processes is the provision of sustainable coordination mechanisms between members in the adoption and implementation of joint decisions, including within the framework of joint budget management. Consequently, strengthening and increasing the efficiency of the system of managing budget processes can contribute to achieving the task of strengthening the integration of regional associations as a whole. In this regard, the study and analysis of the

Державна інвестиційна політика в контексті обліку й оподаткування установ фінансово-кредитної та бюджетної сфер

The article determines that the significant growth of interest in the management of the process of generating profits and the use of investment resources in the field of implementation of investment and innovation projects and programs testifies to the special importance of investment operations as the main source of financial stability and further development of economic entities. It is substantiated that institutions of the financial, credit and budget sphere can use various forms of State regulation of investment activity, in particular, the most used of them are: management of State investments, regulation of the conditions of investment activity, as well as control over the order of its implementation, which is carried out by all investors and participants in investment activity. It has been proven that for domestic banks, investment activity is primarily a tool for asset diversification, a means of maintaining liquidity and a source of profit generation. This, in turn, requires the implementation of a balanced State policy based on a complex of tax and financial stimulation methods. It is defined that, in contrast to the financial and credit sphere, in the budget sector, investment activity, accounting and taxation of investment transactions is a rather specific direction. Focusing on the basic concept of investment formulated in the legislative field, methods of reproduction of investments in the budget process are systematized and it is proved that the State bodies can manage the State investments, in particular financial ones, and this allows the accountant of a budget institution to correctly reflect economic transactions in accounting and prepare financial statements, properly comply with tax discipline. This made it possible to allocate a significant feature for budget planning, which is expressed in the fact that the use of fund and financial instruments in the budget process will not act as the implementation of the budget institution's estimate for capital expenditures.

THE HUMAN VARIABLES WITHIN BUDGETARY CONTROL AND THEIR IMPLICATIONS ON FINANCIAL PERFORMANCE AT HEIS

Budgets and budgetary controls are important components of management control intended to encourage resource utilization efficiency in support of the achievement of company strategic goals. Budget control aims to observe transparency and legality at all stages of the budget process to ensure responsible and effective performance by the state of its functions and tasks regarding the formation and spending of budget funds. This study evaluates how employee budget involvement and performance relate in a Ghanaian public university, specifically the University of Education. The University of Education was chosen as the study location to determine the relationship between budget participation and employee performance in Ghana's public universities. Because the government owns 100% of Ghana's public universities and because these institutions are subject to government oversight, the researchers believe that using a single case study is suitable. Throughout the investigation, a multi-analysis and participative strategy was used. Employee performance is evaluated for the research based on how well they contribute to the organization's achievement of the budget objective. The study's particular focus is on the behavioral aspects of budgeting procedures and the effect of budget participation on employees' effectiveness in meeting defined budgetary objectives. The researcher chose 110 respondents who are University of Education staff members using basic random sample and convenience sampling procedures. It is clear from our study that employee participation in the budgeting process is the cornerstone of achieving budget goals because it will enable employees to have a clear understanding of what the budget is meant for, have a voice by ensuring that resources are distributed fairly among departments and faculties of the university. From this, it is obvious that we accept our null hypothesis, according to which budget participation increases employees' performance and their view of the fairness of resource distribution and budget goal clarity. Future studies might also encompass the perspectives of key management figures such as Registrars, Directors of Finance, Vice Chancellors, and other essential officers who play significant roles in the budgeting process of these public universities.

The cost management of civil and agro-industrial construction project in the scope of information model

The necessary conditions for the existence of an effective cost management system of investment and construction projects are established in the article. Stated aim of the study is to develop methodological provisions of the cost engineering using information modeling technologies. The methodological blocks for parameterization, goal-setting and algorithmization of the information model of an investment and construction project are developed by the author. A list of aggregative cost parameters and an aggregative cost function of an investment and construction project, which is based on aggregative cost parameters, are presented. The processes of budgeting, control and managerial decision-making were considered by the author as functional blocks. The tasks of project budgeting in the scope of an information model, the comprehensive budget model of an investment and construction project and its system parameterization are presented in the article. The main provisions of project cost control and a list of basic cost indicators for control purposes are considered. The requirements of information modeling compatibility with the current subject activity and other software are determined. The author has developed the main provisions of project change management in the scope of information model and recommendations for rational making management decision. An algorithm for a decision-making regarding the realization of an investment and construction project is presented. The prospects of adaptive management of investment and construction projects particularly cost is determined and the vector model of the project behavior under the management action is developed. The main customer requirements to the information model of the investment and construction project are presented. The advantages of using the 5D model in the cost management system for the implementation of an investment and construction project are revealed.

Health managers' perspectives of community health committees' participation in the annual health sector planning and budgeting process in a devolved unit in Kenya: a cross-sectional study

Health managers' perspectives of community health committees' participation in the annual health sector planning and budgeting process in a devolved unit in Kenya: a cross-sectional study

ОБ ОТДЕЛЬНЫХ АСПЕКТАХ СТРАТЕГИЧЕСКОГО ПЛАНИРОВАНИЯ В ОРГАНИЗАЦИЯХ ГОСУДАРСТВЕННОГО СЕКТОРА РОССИЙСКОЙ ФЕДЕРАЦИИ (НА ПРИМЕРЕ МИНИСТЕРСТВА ВНУТРЕННИХ ДЕЛ)

Issues of strategic planning in public sector organizations are not sufficiently covered in scientific publications, especially in sectors with limited information access. The goals of this article are to identify problems and identify possible ways to improve financial planning in the system of the Ministry of Internal Affairs of Russia (MIA of Russia). This aspect is of particular importance from the point of view of involving the legal system in the budget process. The extensive network of structural divisions of internal affairs bodies necessitates clarification of the functionality assigned to territorial bodies in the formation and execution of the budget, including through the GIIS “Electronic Budget”. The authors, in arguing their recommendations, rely on the provisions of the departmental regulatory framework, survey results and statistical data. Consideration of the advantages and disadvantages of centralization of powers or their redistribution fixes the need for organizational, legal and technological conditions for information interaction between units of the Russian Ministry of Internal Affairs system.

АКТУАЛЬНІ ПРОБЛЕМИ БЮДЖЕТУВАННЯ ВИТРАТ БУДІВЕЛЬНИХ ПІДПРИЄМСТВ В УКРАЇНІ

The article is devoted to the study of the current problems of developing the budget structure and budgeting the costs of construction enterprises. The analysis of the dynamics of construction in Ukraine for 2012-2022, conducted according to statistical data, showed an increase in production volumes, despite the impact of negative factors. It is emphasized that the economic and managerial aspects of the activity of construction enterprises, including drawing up a consolidated budget, are largely determined by the specific features of construction as a branch of the economy. When developing the list and structure of operating budgets, construction enterprises need to take into account both their own production capacity and the rhythm of the supply of raw materials, materials and components, and a number of influencing factors. It is important to make assumptions about the probability of external influence on the components of construction works by other participants in the construction process (investors, designers, subcontractors, etc.). Thus, changes in the schedule of investment receipts, non-compliance with the terms of the contract by suppliers of raw materials or materials, inaccuracy of the developed estimate documentation can lead to additional costs. Since construction is one of the most material-intensive industries, preparation of the budget for material costs is of priority. It is noted that the budgeting of the wage component and deductions for social events should contribute to the motivation of workers at existing enterprises and reduce the turnover of qualified personnel in conditions of labor shortage. Due to budgeting, it is possible to carry out preliminary control over costs, in order to prevent irrational use of resources and to check compliance with the accepted standards of costs for individual construction works. It was determined that the budgeting process, as an element of financial planning, has prospects for use in calculating the forecasted values of the revenues of enterprises of the relevant branch of the national economy, which is especially important in the conditions of recession of the country's economy in a state of war.

Public Participation in the Budget Process: Theory and Methodology

Public Participation in the Budget Process: Theory and Methodology

ЦИФРОВІ ДИВІДЕНДИ ДІДЖИТАЛІЗАЦІЇ СИСТЕМИ УПРАВЛІННЯ ПУБЛІЧНИМИ ФІНАНСАМИ

The article examines and summarizes scientific approaches to the advantages and opportunities of implementing digital technologies in public finance management, which includes understanding the economic and social benefits that arise from digital decision-making, such as increased transparency, increased trust and increased efficiency. resource management. It was found that the transition to digital public finance management not only contributes to a more transparent and accountable government but also contributes to better decision-making processes and improved service delivery to the public. It analyzes in detail how digitalization ensures fiscal transparency, which increases the efficiency of the use of budget funds and public procurement processes with the help of modern digital tools, such as a single web portal for the use of public funds or an electronic public procurement system, and also positively affects the financial security of the state. In addition, the article examines the strengthening of the democratic participation of the public in the budget process, in particular, based on the implementation of the practice of participatory budgeting, to take into account the needs of citizens in public goods and services. It is emphasized that digitalization not only increases the quality of public services but also increases the effectiveness of budget policy as a whole. In addition, the significant impact of digital changes in the public finance management system on the growth of tax revenues and significant time savings of tax officials, other financial services, as well as taxpayers, which leads to an overall increase in productivity, has been investigated. The main focus is on the challenges that can hinder the successful realization of digital opportunities, including cyber security, digital divide issues, institutional capacity, etc., which require an integrated approach that takes into account technological, social, and regulatory aspects. It is emphasized that the successful implementation of digital dividends of digitalization of the public finance management system requires cooperation between the government, the private sector, and civil society.