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متابعة

What happens to unsued budgets in Government Sectors?

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تم إضافة السؤال من قبل Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC
تاريخ النشر: 2014/10/05
VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
من قبل VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

If permitted with special sanctions: Roll over for the next period for utilization along with next years allocation.

Otherwise, it  account for Lapse of funds and remain unitized.

moxa shah
من قبل moxa shah , Fresher , A P Jain & Associates

The unused budgets having no space for the future commitment but it can be used for the progress if government thinks it appropriate otherwise it can not become the target oriented.

مستخدم محذوف‎
من قبل مستخدم محذوف‎

When the government does not use budgets then no targets clear to achieve.

FITAH MOHAMED
من قبل FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

AGREE WITH MR VEKITARAMAN ANSWER 

Khaled Mohee Eldeen Abbas Mahmoud
من قبل Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed

Unused portion of the budget must be traced back to the public treasury. this is what it should be

Khaled Abdelrehim ACCA DipIFR CMA
من قبل Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

First we should investigate if there is some future commitment related to decisions of the current year and if any we should reserve from the budget. the rest should be returned to government.

georgei assi
من قبل georgei assi , مدير حسابات , المجموعة السورية

I agree with Mr VENKITARAMAN. answer

المزيد من الأسئلة المماثلة