Home Subscribe Login Contact Us Search Journal Articles PFM RSS Feed

PFM Articles Search Journal Articles

Creation and Successful Implementation of a new Budgeting and Accounting-System in Germany, with Stress on Electronic Tools (1)

Author: JUERGEN GORNAS
Published in PFM, Vol. 4 No. 2

A fundamental characteristic of the new German Budgeting
and Accounting System (BAS) is the management process, which uses
administration products as the basis. An important goal of monitoring
and controlling is to guarantee the maintenance of the substance of the
public infrastructure resources. To achieve this, the currently used
cash resources concept will be extended to a total economic resources
concept. Therefore the annual budget consists of two plans, a cashbased
plan which registers cash receipts and payments and an
accrual-based income plan which accounts for the revenues and
expenses. This new BAS can develop its effectiveness for monitoring
and controlling only by running Enterprise Resource Planning (ERP)
software. This is indispensable with regard to e-government
applications.

Subscribers: Login to read this article

Guests: Subscribe to PFM, or purchase individual article access for $10.
The article is not available for automatic download. We will email the article to you as a PDF file upon receiving your payment, typically within 24 hours.