Planning/Programming
The keystone in the arch of public management.
What is Planning?
3 types of budgets
What is operations, cash, and capital budgets?
Year system of accounting was first codified.
Purpose of reporting.
What is communicate accomplishments and resources expended?
Total number of steps in the GFOA strategic planning model.
What is 13?
Follows planning in the government management cycle.
What is programming?
Integral component of an organization's management
What is internal controls?
Formal standards used by the government.
What is GASB (Governmental accounting standards board) FASAB (Federal accounting standards advisory board)
GAAP setting bodies for the United States.
What is GASB, FASAB, FASB?
Kentucky state object code for Newspaper Advertising.
What is 0542?
Ideal statement of what the organization hopes to achieve.
Role of Financial managers.
What is measure outputs through performance metrics?
Number of accounting types.
What is 3? Budgetary, Financial, and Managerial.
Who establishes standards for financial audits of nonpublic traded companies.
What is the AICPA?
Report Virginia Commonwealth publishes to simplify the information in the CAFR.
What is Virginia popular reports?
The most appropriate factors to consider in programming phase.
What is entity's mission, goals, and objectives and policies and guidance of the chief executive and the legislature?
Some ways budgets can be organized.
What is organizational unit, project, program, line item, object or object class
Gauges the cost effectiveness of operations.
What is Managerial Accounting?
Management process
What is internal audits?
In 2004 the General Accounting Office changed its name.
What is Government Accountability Office?
Outcomes of the programming phase.
What is measurable outcomes, cost effective means of achieving goals, etc.
Forecasting that assumes certain trends will continue.
What is Extrapolation?
The backbone of the accounting phase in the management cycle.
What is Financial and Budgetary accounting?
Roles of GAO.
What is advises Congress and the heads of the executive agencies on ways to be more responsive and effective?