Public budgeting systems
- Credits: 6
- Ending: Examination
- Range: 2P + 2C
- Semester: winter
- Year: 2
- Faculty of Economics and Finance
Teachers
Included in study programs
Teaching results
Knowledge and understanding:
• To be able to show knowledge from section of budgeting, budget system from theoretical as well as practical point of view,
• To aim practical skills on section of budget creation on individual governmental levels and be able to orient in innovative methodology of budgeting,
• To understand budget classifications and rules and fazes of budgeting process in relationship to legislative processes and their adjustments.
Practical skills and competence:
• Choose adequate form of budget creation and apply it to budget system with emphasis on new trends,
• Evaluate and interpret financial impacts of budget creation in public administration on economy performance,
• to be able to design adequate way of financing/budgeting subjects in public administration in connection to anticipation of changes in economy,
• to show practical effectivity and professionality in teams, while working on given tasks.
Indicative content
The aim of this subject is to adopt knowledge regarding to position of public budgeting systems in connection to budgeting process and budget rules on all governmental levels. Explanation of problematic is from both home and foreign literatures. Special focus is given to financial budget management – budget development, budget accepting, budget fulfillment and budget control in context to budget cycles with focus on responsible budgeting from government while using modern forms of governments.
1. Public sector in perspective
2. Budget cycles
3. Budgeting of public revenues.
4. Transaction-based budgetary resources
5. Preparation of the budget - expenditure side
6. Budget preparation - decision-making process
7. Approval of the budget - the role of the legislature
8. Budget execution (state budget chapters)
9. Budget classification
10. Financial management, accounting, reporting and auditing as part of the budgetary process
11. Planning and budgeting, analysis and management as part of the budget process
12. Control in the budget process - control institutions of budgets.
Support literature
Robert D. Lee, Jr., Ronald W. Johnson, Philip G. Joyce: PUBLIC BUDGETING SYSTEMS. Tenth Edition. Jones & Bartlett Publishers, Inc., ISBN: 9781284198980, © 2021, 575 p.
Beličková, K. - Regulová Gajdošová, H. – Skýpalová, M. : Verejné rozpočtové systémy /; recenzenti. Vydavateľstvo EKONÓM, 2022.
Requirements to complete the course
Written exam/work – 20%; semester work – 20 %; written exam – 60 %
Student workload
6 x 26 = 156
Participation in lectures 26 h
Participation in seminars 26 h
Preparation for seminars 13 h
Elaboration of a semester project 13 h
Preparation for the paper for the continuous evaluation 26 h
Exam preparation 52 h
Total 156h
Language whose command is required to complete the course
slovak
Date of approval: 06.02.2023
Date of the latest change: 18.09.2023