The review unveiled a debate on the influence of organizational structures that support collaboration across sectors. Holt et al. (41) report that a central unit was difficult for public health staff to engage other sectors, whilst Von Heimburg et al. (55) found the contrary. Other organizational structures that support formal communication across departments are proposed as useful, such as intersectoral committees (56, 57), or formal structures such as strategic planning and health impact assessments (57).
Associated Data
Utilizing budget management software can provide real-time insights into spending, allowing for agile decision-making. For instance, investing too heavily in infrastructure without considering educational needs can lead to a workforce ill-equipped for the future. Conversely, neglecting infrastructure can result in safety hazards and economic decline.
4 Influence of Other International Tribunals
By adopting these strategies, governments can create more efficient and transparent budgeting processes. To maintain fiscal responsibility, governments must adopt strategic planning methods, regularly audit expenditures, and implement cost-effective solutions to maximize resource efficiency. Governments must be prepared to respond to emergencies, whether they stem from economic downturns, natural disasters, or public health crises. Budgeting plays a critical role in determining a government’s ability to handle these unexpected events effectively.
- The originality of this research is on the use of financial decision making as mediation/intervening variable in the effect of accrual-based accounting system and bureaucratic reformation on government financial performance.
- By evaluating factors such as economic disparities, health care access, and education quality, governments can make informed decisions that reflect the aspirations and challenges faced by their constituents.
- Understanding how these funding streams contribute to financial planning is crucial in assessing how governments allocate resources and maintain fiscal stability.
- In states governed by conservative ideologies, education funding may take a backseat to tax incentives for businesses.
- Taking into consideration of all explanations previously given, researchers find research gap among the results of previous researches.
Please note that during production and pre-press, errors may be discovered which could affect the content. According to economic factors such as inflation, purchasing power, and market stability, business interests in terms of pricing can easily be set or adjusted by it. Price in marketing is the money a customer ought to pay for the acquisition of the product or service.
By understanding how factors such as students’ financial literacy, parental influence on their financial literacy, or emotions can contribute to enabling them to make the right financial decision. While governmental policies still give people responsibility for saving and investing then financial literacy needs to be given a greater importance at an early age. The existence of differences in the financial knowledge of the young age group of people has been documented. Gender, level or type of education, family characteristics influence the development of these differences, which should be taken into account by policy makers aiming at improving financial literacy. Two of them are independent/exogenous variables, namely accrual-based accounting system and bureaucratic reformation. All these variables are latent/unobserved (unmeasurable) variables because these variables are proxied using the perception of respondents on the predetermined indicators.
Implement Effective Budgeting Processes
The object of this research is the local government in North Sumatra Province which consists of one (1) province and 33 (thirty-three) district/city. This research uses descriptive quantitative research methods with the techniques of data collection through the distribution of questionnaires on the Device Organization respondents in this study i.e. Methods of analysis used in this study is the analysis of multiple linear regression. The results of this study suggest that (1) the system of internal control of government influence on the quality of financial statement., (2) the availability of the budget does not have an effect on the quality of financial statement., (… The purpose of this study was to determine the factors influencing the degree of mandatory disclosure to local governments in Java and Sumatra Islands. This study has three objectives namely to find out the number of local parliamentarians, local government budget spending, existence of an assistance and training program for disclosure financial statement.
3.3. Innovative Funding Strategies
Compliance theory is a theory, which states that every agency is obliged to comply with regulations because the law-drafting authority has the right to dictate behavior. The population in this study were employees of the financial division of local government organizations in one of the districts in Central Java, Indonesia. The data used are primary data taken from distributing questionnaires to respondents. The method of analysis used to test the hypothesis was multiple linear regression analysis. The results of hypothesis testing indicate that HR competency has an effect on the quality of FS; however, the application of AIS and internal control system has no effect on the quality of FS.
However, across the body of literature, most sources identified 4 factors influencing local government financial decisions an extensive range of factors influencing the policy process, as opposed to narrowing in on one specific factor. However, the sources did not analyse or present factors in a similar or comparative way. Amongst the included sources, there were 16 factors identified as influencing the policy process (Table 3).
- Before implementing accrual-based accounting system, the government of Indonesia has since long ago used cash-based accounting system.
- Also, it is likely the additional themes were a result of the emerging literature exploring HiAP in LG.
- These political divisions have left international humanitarian efforts at the mercy of geopolitical interests.
- This transparency allows residents to examine how public money is allocated and identify areas of interest or concern.
- A majority were exclusively undertaken within the LG context (59, 92%) and did not address other tiers of government.
- The decline in participation and trust revolve, in part, around the issues of programmatic and individual performance as well as the accountability of decision makers and individuals for outcomes and actions.
Thus, the ramifications of spending decisions extend beyond the immediate fiscal year, impacting generations to come. To combat this, governments should actively promote the importance of civic engagement in budgeting decisions. By showcasing the direct impact of community input on funding allocations, residents may be more inclined to participate in the process. When governments implement effective budgeting processes, the benefits can be profound. For instance, the City of San Francisco adopted a participatory budgeting approach, allowing residents to vote on how to allocate a portion of the city’s budget. This initiative not only increased community engagement but also led to more targeted spending on projects that residents truly valued, such as public parks and youth programs.
Data collection techniques employed consist of an interview, documentation study, and questionnaire dissemination. Based on the analysis, we found that public participation has a significant effect on the transparency of financial management; the internal control system has a significant effect on local government performance; the … As stated in chapter one of A Budgeting Guide for Local Government, navigating the increasingly complex crosscurrents of local government finance has become an essential skill for today’s public administrator. Even more so as local budgets are extremely sensitive to their political, economic, social, and legal environments. Countries, particularly powerful ones, significantly impact the decision-making processes, agenda setting, and overall functioning of international organisations.
The method of collecting data is questionnaire which is distributed among 161 out of 303 population of employees of the Agency (Dinas) in the Government of South Sumatra Province, Indonesia. The result shows that internal control system and human resource competence positively influenced on the information quality of local government financial statement. Internal control system and human resource competence also influence positively on financial accountability both directly and indirectly mediated by the information quality of local government financial statement. Moreover, the information quality of local government financial statement directly and positively influence the financial accountability. The results of this study can be beneficial for the government as input and material considerations in determining policies specifically related to improve the quality of information on government financial statements and financial accountability.
4.1. What if the community disagrees on spending priorities?
{In the modern day, republics include presidential, semi-presidential, and parliamentary governments. The presidential republic has a strong and independent chief executive who possesses extensive powers when it comes to domestic affairs and foreign policy. An example of this includes the United States, where the President acts both as head of state and head of government. In a semi-presidential republic, the president is the head of state and has some executive powers independent of the legislature. In contrast, a parliamentary republic consists of a president acting as a figurehead while behind the scenes, the head of government has the real power and is validated as well as accountable to the parliament. For information not readily available online, citizens can submit public records requests.}