Budgetary Accountability

Budgetary Accountability

The act or requirement to record the reasoning behind all recommendations or decisions when preparing a budget. This includes both estimates of revenue and desired expenditures. This is used to help ensure the budget is prepared in the most responsible way possible. How well a company or government does this may be published in the budget report.
References in periodicals archive ?
When liaisons return to their home departments, they bring with them a better understanding of the importance of budgetary accountability, principles, and practices.
Likewise, in its current projects on financial reporting concepts--its recognition and measurement attributes project in particular--and in its standards setting, the GASB should be mindful that modified accrual accounting has its roots in budgetary accountability.
Throughout its development modified accrual accounting has had its roots in budgetary accountability and condition, as acknowledged in GASB Statement No.
The primary concern regarding government financial reporting at this time was to demonstrate legal compliance, including both restricted asset and budgetary accountability.
0's enhanced Reporting features, IT managers can opt to allocate Internet costs to particular departments according to usage, to more properly reflect budgetary accountability for that usage.
Its financial management services division conducts process improvement initiatives to allow customers to be more consistent, flexible, and transparent in compliance with budgetary accountability.
This requires budgetary accountability and transparency, and means the military must not be above the law, the study affirmed.
I am very concerned about budgetary accountability.
a mobile workforce that needs to track time and expenses by project to maintain budgetary accountability.