Budget analysis: involves examining and explaining the components of budget expenditure and revenue. The use of budget indicators (ratios) can help to improve understanding of issues such as the level of implementation of expenditure and revenue budgets or the structure of the budget. In the public sector, the main objective of budget analysis is to control expenditures and predict future budget needs, thereby providing decision makers with the information they need to prepare the budget for the next fiscal period.
The International Public Sector Accounting Standards Board (IPSASB) 2014 defines a number of basic concepts related to the budget, some of which are presented below:
Approved budget: means the expenditure authority derived from laws, appropriation bills, government ordinances, and other decisions related to the anticipated revenue or receipts for the budgetary period.
- International Monetary Fund
- Capital Expenditure
- Public Budget
- Fiscal Capacity
- Revenue Budget
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
This is a preview of subscription content, access via your institution.
Anthony RN, Young D (2003) Management control in nonprofit organizations, 7th edn. McGraw-Hill, Boston
Brusca MI, Condor V (2001) El análisis financiero en las administraciones locales. Span J Financ Account 30(108);475–504
Carcaba A (2003) Análisis financiero de las entidades locales mediante el uso de indicadores. Span J Financ Account 32(118);661–692
Horngren CT, Datar SM, Rajan MV (2012) Cost accounting; a managerial emphasis, 14th edn. Pearson Education, Harlow
International Monetary Fund (2014) Government Finance Statistics Manual (GFSM) 2014. International Monetary Fund, Washington, DC
IPSASB (2014) Handbook of international public sector accounting pronouncements, vol I and II. International Federation of Accountants, IFAC, New York
Jacobs D, Helis JL, Bouley D (2009) Budget classifications, Technical notes and Manuals. International Monetary Fund, Fiscal Affairs Department, Washingto, DC
Tommasi D (2013) The coverage and classification of the budget. In The international handbook of public financial management. Palgrave Macmillan, UK
Editors and Affiliations
© 2016 Springer International Publishing Switzerland
About this entry
Cite this entry
Balaguer-Coll, M.T. (2016). Budget Analysis. In: Farazmand, A. (eds) Global Encyclopedia of Public Administration, Public Policy, and Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-31816-5_2260-1
Publisher Name: Springer, Cham
Online ISBN: 978-3-319-31816-5
eBook Packages: Springer Reference Economics and FinanceReference Module Humanities and Social Sciences