A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
The Role and Importance of Budget Accounting and the Financial Reporting in the Municipalities in Republic of Macedonia
Namely, based on the information in the financial reports a plan is generated and a strategy is formed for the development of the municipality. In this way, the mayor determines the objectives to be achieved to meet the needs of the population and to create conditions for a better life in the future. Municipalities are responsible for ensuring they receive sufficient revenue in order to pay for their expenditures. Planning for revenues and expenditures is accomplished by various means such as the development of a five year financial plan and an annual municipal report. Today in modern economic conditions cannot perform any activity without having financial indicators, a lot of things cannot be understand or even discussed. Here, it can be underlined the operationalization on local level i.e. the Municipalities and their efforts for more quality life of the people. This is done with resolutions that should be adopted by the mayor and his associates that have certified quality and contribution to the community. But in order that to be successful, it is necessary accounting recording of the events and transactions to be conducted, as well as their presentation to the public, which will deliver accurate, precise and timely information. In fact, the quality of the received information is reflected to the quality of the decisions made by the managers.
The Role and Importance of Budget Accounting and the Financial Reporting in the Municipalities in Republic of Macedonia
Namely, based on the information in the financial reports a plan is generated and a strategy is formed for the development of the municipality. In this way, the mayor determines the objectives to be achieved to meet the needs of the population and to create conditions for a better life in the future. Municipalities are responsible for ensuring they receive sufficient revenue in order to pay for their expenditures. Planning for revenues and expenditures is accomplished by various means such as the development of a five year financial plan and an annual municipal report. Today in modern economic conditions cannot perform any activity without having financial indicators, a lot of things cannot be understand or even discussed. Here, it can be underlined the operationalization on local level i.e. the Municipalities and their efforts for more quality life of the people. This is done with resolutions that should be adopted by the mayor and his associates that have certified quality and contribution to the community. But in order that to be successful, it is necessary accounting recording of the events and transactions to be conducted, as well as their presentation to the public, which will deliver accurate, precise and timely information. In fact, the quality of the received information is reflected to the quality of the decisions made by the managers.
The Role and Importance of Budget Accounting and the Financial Reporting in the Municipalities in Republic of Macedonia
Zdravkoski, Igor (author) / Menkinoski, Goce (author) / Di?evska, Sne (author) / Karadjova, Vera (author) / Nikolovski, Pece (author)
2016-05-11
International Journal of Sciences: Basic and Applied Research (IJSBAR); Vol 27 No 1 (2016); 80-87 ; 2307-4531
Article (Journal)
Electronic Resource
English
DDC:
710
Accounting Practices for Canadian Municipalities
| Wiley | 1946
Financial challenges facing new municipalities
British Library Online Contents | 2001
VOTER APATHY IN THE REPUBLIC OF MACEDONIA
| British Library Conference Proceedings | 2018