Budgeting Systems or Practices in Public Sector

Budgeting Systems or Practices in Public Sector
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First Name & Surname

Budgeting
Abstract
In recent observations that have been clearly stated that the need for the public budget has
changed with the passage of time. It was observed that before the 20th century the main
reason behind the adaptation of a budget was to an individual the public spending and
taxation process. In the middle of the twentieth century, a worldwide social, economic change
was observed in the task of budgeting. The thought process of Keynesian has not only helped
the economists to believe that budgeting is a legislative or government tool but also it will be
very useful when used as an instrument for taking decisions regarding economic, accounting,
executive and political terms of the general public sector. Hence, the budget is now used as a
significant document to examine the entire managerial task that is performed by an
organisation. The paper analyses the use of budgeting with solid references on TBS, PPBS
and their uses in the public sector.
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Budgeting
Contents
1. Introduction...................................................................................................................................4
2. Literature Review..........................................................................................................................4
3. Description....................................................................................................................................4
3.1. Traditional budgeting system....................................................................................................5
3.2. Planning, programming, budgeting system...............................................................................5
4. Case Analysis.................................................................................................................................6
5. Discussion......................................................................................................................................6
6. Conclusion.....................................................................................................................................7
Appendix...............................................................................................................................................9
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