...FINANCIAL MANAGEMENT OF COURTS BUDGET Programme Director, Tererai Mafukidze Members of the South African Judges Commission, Members of the Venice Commission Various Professionals and members here present, Distinguished Guests, Registrars from various parts of the world, Ladies and Gentlemen Protocol observed. I am humbled to address this auspicious gathering of the South African Judges Commission and Venice Commissions Registrar’s workshop held in our most beautiful land, South Africa. Allow me, therefore, to extend a warm word of welcome to all newly appointed Registrars and also pay recognition to those of you who have been a pillar of strength at your various organizations ensuring enhanced administrative support and capacitating the Judiciary that you serve. You are indeed a critical foundation on which the future of judicial effectiveness lies. Ladies and Gentlemen: I have been requested to talk about Financial Management, Management of Courts Budgets and its Challenges. I am sure you will agree with me that anyone requested to talk about this topic, can do so for the whole day or two or even a week. I am saying so precisely because financial Management, Management of Courts Budget and its Challenges are extensive and to sum this up in 30 minutes is in itself a challenge. INTRODUCTION It is said that if managers expect their subordinates to adopt any of their wishes or characteristics, such as frugal qualities in the workplace, managers themselves must...
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...FINANCIAL MANAGEMENT OF COURTS BUDGET Programme Director, Tererai Mafukidze Members of the South African Judges Commission, Members of the Venice Commission Various Professionals and members here present, Distinguished Guests, Registrars from various parts of the world, Ladies and Gentlemen Protocol observed. I am humbled to address this auspicious gathering of the South African Judges Commission and Venice Commissions Registrar’s workshop held in our most beautiful land, South Africa. Allow me, therefore, to extend a warm word of welcome to all newly appointed Registrars and also pay recognition to those of you who have been a pillar of strength at your various organizations ensuring enhanced administrative support and capacitating the Judiciary that you serve. You are indeed a critical foundation on which the future of judicial effectiveness lies. Ladies and Gentlemen: I have been requested to talk about Financial Management, Management of Courts Budgets and its Challenges. I am sure you will agree with me that anyone requested to talk about this topic, can do so for the whole day or two or even a week. I am saying so precisely because financial Management, Management of Courts Budget and its Challenges are extensive and to sum this up in 30 minutes is in itself a challenge. INTRODUCTION It is said that if managers expect their subordinates to adopt any of their wishes or characteristics, such as frugal qualities in the workplace, managers themselves must...
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...PUBLIC FINANCIAL MANAGEMENT AND CONTROL LAW FIRST PART General Provisions FIRST SECTION Purpose, Scope and Definitions Purpose Article 1- The purpose of this Law is to regulate the structure and functioning of the public financial management, the preparation and implementation of the public budgets, the accounting and reporting of all financial transactions, and financial control in line with the politics and objectives covered in the development plans and programs, in order to ensure accountability, transparency and the effective, economic and efficient collection and utilization of public resources. Scope Article 2- This Law covers the financial management and control of public administrations within the scope of general government, encompassing public administrations within the scope of central government, social security institutions, and local administrations. Without prejudice to the provisions of international agreements, the utilization and control of European Union funds and domestic and foreign resources allocated to public administrations shall be subject to the provisions of this Law. (Amendment: 22.12.2005 - 5436/10-b art.) Regulatory and supervisory agencies are subject only to the Articles 3, 7, 8, 12, 15, 17, 18, 19, 25, 42, 43, 44, 47, 48, 49, 50, 51, 52, 53, 54, 68 and 76, 78 of this Law. Definitions Article 3- Particularly, in the enforcement of this Law; a) Public administrations within the scope...
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...have keen interest in governance and financial management. Nowadays, effective public financial management is considered critical in combating corruption, alleviating poverty, and ensuring the effective use of internal and external resources. This course is a fundamental course that aims to provide basic understanding of effective public financial management systems to the participants in a better, quicker and efficient way by making them familiar with various internal and external techniques available to strengthen the fiscal transparency and management that is catalyst for economic growth and development. This UNITAR e-learning course will give a holistic overview of the concept and techniques of public financial management. The course will discuss the role of internal controls and audit system as well as the role of external audits in ensuring efficiency and integrity in public financial management and in combating corruption. The course is designed especially for public officials and development practitioners, but is also open to the general public who want to be aware of public financial management instruments and techniques. Some previous knowledge of public financial management and familiarity with financial concepts will be assumed in this course. ------------------------------------------------- Learning Objectives At the end of the course, the participants should be able to: * Discuss the concept of public financial management and recognize the difficulties faced...
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...1. Compared with the present fee structure, the new membership plan and fee structure certainly will help improving CRC’s ability to plan its cash receipt. Under the present fee scheme, revenue is generated from both membership fees and hourly court fees. However, membership fees just accounts for a comparatively small proportion of income of the entity, whilst hourly court fees is main source of its income. Due to the variable rates on different seasons, peak and off-peak seasons, and accordingly different estimated court usage in those times, it will be quite difficult for CRC to predict its future cash receipts. Although the facts that most of current membership will expire on September and the peak season for racquetball normally starts from September indicates that there will be a substantial amount of cash receipts during the early part of the peak season because of the renewal of the annual membership fees and heavy court usage, it still will be hard for CRC to estimate its cash receipts during the summer. However, in terms of the new membership scheme, membership fees will be the only source of revenue for CRC. Besides, the original three categories of members (individual, student and family) will be reduced to two categories (individual and family). Therefore, it will be easier for CRC to plan its cash receipts since there will be less uncertain factors that have influence on the entity’s cash receipts. To be more precise, as the membership fees will be collected...
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...DISBURSEMENT ACCELERATION PROGRAM MELISSA R. MARTIN MPAD 610 –PUBLIC MANAGEMENT AND SOCIAL CHANGE CONTENT * What is DAP? * Why was DAP introduced? * How did the DAP work? * How did DAP benefit the economy? * How did DAP support the budget reform agenda? * DAP Timeline * Constitutional and Legal Bases of DAP * SC Ruling on DAP * Why did the Aquino Administration terminate DAP? * SC modifies ruling on DAP What is DAP? The Disbursement Acceleration Program (DAP) is a spending reform measure to speed up public expenditure and catalyze economic growth. Why was DAP introduced? * Need to Clean House: Curb Corruption and Leakages * Freeing up operational bottlenecks * Inefficient implementation * Poor planning * Slow procurement * By the third quarter of 2011, it became clear that if we wanted public spending to accelerate enough for economic growth, we had to use idle funds. (Sec. Florencio Abad, DBM ) * The Aquino Administration therefore launched the DAP in 2011 KEY REFORMS (the DAP as Package of Reform Intervention) * Zero-based budgeting Implementation of zero-based budgeting to weed out inefficient, ineffective and leakage-ridden programs and projects * Early enactment of the budget Early preparation, submission and enactment of the annual National Budget including the adoption of the Online Submission of Budget Proposal * Disaggregation of lump sum funds Disaggregation...
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...Sheriff’s Office The Palm Beach Sheriff’s Office, a statutory government agency, is responsible for providing services to three mandated programs in Palm Beach County, Florida (PBSO.org, 2013). Those programs are Law Enforcement, Corrections Services throughout Palm Beach County’s jails, and finally Bailiff and Court staff. Palm Beach Sheriff’s office is required to respond to law enforcement calls throughout the county and all unincorporated areas of Palm Beach County. Palm Beach Sheriff’s office is also responsible for providing services to certain municipalities throughout Palm Beach County, if a contract exists between the municipality and the Sheriff’s office. The municipality must come to a fee agreement with the Palm Beach Sheriff’s office before a contract is established. The following will elaborate on the Palm Beach Sheriff’s Office revenue and expenditures and the impact of the expenditures on the revenue source. The following will also elaborate on who the key players are in terms of making budget decisions and whether or not there is any influence of political and public policies on the Palm Beach Sheriff’s Office. Finally, recommended organizational financial analysis alternatives for the Palm Beach Sheriff’s Office will be researched. The Impact of the Expenditures on the Revenue Source Palm Beach County is located in South Florida and is the largest county in square mileage in Florida at 2,268 square miles. Palm Beach County is Florida’s third largest populated...
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...the process or work of keeping financial accounts. Logic and attention to detail are involved in accounting. This profession mostly uses left-brain thinking which is about numbers and the practical application of numbers. If you want to be an accountant, it is no big surprise that you should have a knack for numbers. According to Taylor (2010), as a certified public accountant, or CPA, you will be in charged of reviewing and analyzing the financial information of clients’ companies for auditing, taxpaying, or advisory purposes. The diversity of the accounting profession makes it easier for accounting graduates to find and fill a job. Accounting graduates will not run out of job opportunity. In fact, accounting graduates have many opportunities in the job market such as as accountants, budget analysts, forensic accountants and auditors. First, the most popular job opportunity for accounting graduates is as accountants. Accountants check financial accounts. They can work in the private or government sector. Their scope of work includes working in accounts payable, receivable or general ledger. They also perform reconciliations and analysis. This profession can be divided into three major fields. The first field is public accountants who focus on auditing and tax functions. The second field is management accountants. They work in companies and contribute to decisions making on capital budgeting and business analysis. The last field is financial accountants. The information from...
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...REFORM OF THE JUDICIAL SYSTEM IN ECUADOR 1. General Description and explanation of the Ecuadorian Judicial System 1. Corte nacional de justicia (The National Court of Justice) It’s composed of 21 judges who are designed for a period of 9 years and they cannot be re-elected. Functions: 1) To know the appeals in the high court, revision and others resources established by law 2) To develop case law system based on triple reiteration failures. 3) To know the cases initiated against civil servants who enjoy immunity 4) To Introduce law projects related to the system of administration of justice. 2. Cortes provinciales de justicia (Provincial Courts of Justice) There is a Provincial Court in each province of the country. The Judicial Council determines the number of courts and tribunals according to the needs of the population. 3. Consejo de la Judicatura (The Judiciary Council) The Judiciary Council is composed of 9 members and their respective alternates that last for 6years and may not be re-elected. Its conformation tends to be equal between men and women. Functions: 1) To define and implement policies for the improvement and modernization of the judicial system. 2) To know and approve the budget of the judiciary system, with the exception of the autonomous bodies. 3) To direct the selection process of judges and other servants of the judiciary, and their evaluation, promotion and punishment. All processes...
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...ORLEANS 2013 Budget Proposal October 29th, 2012 10/29/2012 Mayor’s Office of Communications 2013 Budget Presentation • Background • Performance Management/Review of Improvements • 2013 Budget Proposal 2 2013 Budget Proposal Funding Cuts at the State and Federal level are posing significant budgeting challenges for municipalities across the U.S. ● Nearly 48% of cities plan to reduce workforce this year ● Los Angeles predicts over 200 City jobs will be eliminated due to budgetary challenges ● San Bernardino closing all but one library and reducing 100 jobs including Police and Fire positions ● The State of Louisiana is not meeting its obligation to fund District Attorney, Indigent Defender, or mental health We must continue to take action to be smart about how we get smaller 3 2013 Budget Proposal The Landrieu Administration addressed an inherited $97M spending gap Budget Comparison $550M 2009 Expenditure $528M 500 110 450 $431M $97M Gap 400 418 431 Gap Recurring Revenue 2010 350 300 2009 Note: One-time revenue sources not included in chart 4 2013 Budget Proposal First step to eliminating gap was to reverse the spending trend Annual Expenses $550M $528.0M $496.0M 500 $483.0M $479.9M $477.8M* $50.2M Difference 450 400 350 *= Proposed $477.8M expenditure does not include $13.4M appropriation to fund balance. Including fund balance contribution, the City is proposing a budget of $491.4M in...
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...Consulting company "Business Consulting" is specialised in providing complex professional consulting services in the sphere of business and management: preparation of business-plans, marketing research, budgeting, juridical services, the selection of personnel and personnel-technologies. Our aim is to assist enterprises of all forms of ownership in increasing the efficiency of activities and achieving maximum economic results. In our work we apply system approach, and we believe that only a comprehensive vision and identification of problems, integration of different components of activity represent the approach to the organization of the business environment, which provides our customers with access to a qualitatively new frontier efficiency and stable development of business. It is especially effective system approach in the work with large-scale projects connected with the breeding of the new company on the market or optimization of already existing companies, study of consumers, competitors, and construction of structure of the company, formation of the state, the decision of legal issues, definition of strategies for successful development. Individual approach to each client will be used and allow us to find the decisions, based on the deep understanding of business' specifics and problems of the client, his key competences and opportunities for successful development. Absolute confidentiality, trust and respect, multiplied by professionalism, here is the formula of...
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...functioning system. A transparent system focuses on openness of the system through clear processes and procedures and easy access to public information. Increased transparency in the system can facilitate greater accountability and both when acted together improves quality of governance, increased organizational responsiveness, lowering of corruption, better delivery of services , improved citizen engagement and better budget utilization. The absence of accountability and transparency leads to mistrust and dissatisfaction towards the organization and its services. World Bank ranks Nepal at 3 in the Country Policy and Institutional Assessment (CPIA) transparency, accountability and corruption in the public sector rating (1=low to 6= high). The main dimensions for rating are accountability of executive to oversight institutions and of public employees for their performance and access of civil society to information on public affairs. Similarly, Nepal ranks with the score of 44 out of 100 in global budget transparency index which is the drop from 45 in 2010 according to open budget survey 2012. In a country like Nepal, where services provided by the private sector are expensive and not always accessible, the government is viewed as the key body providing public services. Citizens without much money, therefore, are reliant on the services provided by the government which be accessed in different ways - free of cost; by paying the full charge (or fee); by paying a minimum charge (or fee);...
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...of SCIENTIFIC PAPER AFASES Brasov MANAGEMENT METHODS AND TECHNIQUES USED TO ENSURE THE INTERNAL AUDIT PERFORMANCE Marian SFETCU Phd. Student, Faculty of Economics Sciences and Business Administration of „Babeș - Bolyai” University of Cluj Napoca.E-mail: marian_sfetcu@yahoo.com. Tel: 0720 760 220 Abstract: This approach shows a research on the usage of managemental methods on the internal audit activity through qualitative and quantitative indicators of performance assurance. Balanced Scorecard, the management method and tool, referred to the Dashboard, contributes to the internal audit performance through resource planning, setting objectives and scope of the audit, communication and approval, following the recommendations, deferring to the code of ethics and how to achieve the objectives. The listed indicators, are components of the proposed management methods and tools, and they define efficency, effectiveness, economy and quality, all elements of the internal audit performance. Keywords: methods and techniques, audit, corporate governance, internal control system, performance indicators, Balanced Scorecard, Dashboard. JEL: M 42 1. INTRODUCTION The importance of using the management methods and techniques concerning the internal audit, is given by providing a new approach to this problem, which highlights the need to ensure the performance by applying new methods and techniques, based on scientific management. This approach was born from the need to adapt...
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...Part I: The Operating Budget for the City of Kyle Texas PAD 505 Public Budgeting and Financ Introduction The city of Kyle, Texas is on its way to becoming a full service community with targets to continue to grow their quality healthcare, higher education, and retail industries for the benefit of the local residents. According to the City Kyle website, Kyle is home to over 60,000 persons with a projected growth rate of 6.9% between 2010 and 2015 (www.cityofkyle.com). These total conflicts with the US Census website, which reports the City of Kyle was home to 29,293 residents in 2011, and had a projection growth of 4.6% (www.census.gov). Following the US Census calculation the population rate for the City of Kyle would project the 2012 population rate to be 30,640. The two totals conflict sufficiently and will evidently cause some confusion with the projected outcomes. The City of Kyle is considered a Home Rule City, a city with an adopted home rule charter for its local self-governance. In addition to being a Home Rule City, the City of Kyle also operates with a City Manager form of Government. The City Council is comprised of a Mayor and six Council Members. The resident voters choose the Mayor and three Council Members at large and the other three Council Members are elected from their prospective districts. The goal of the proposed budget for the City of Kyle is to maintain the current service...
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...* I will be starting up a novel concept of lounge in Ahmedabad city. * I have chosen to enter particularly to restaurant(lounge) segment because as per BIRD OF GOLD report by McKinsey Global Institute Indian middle class household will swell from 50million to 583 million by 2025.Implies household have more disposable income and shift towards discretion spending. * As per CII estimate 2009 because of increase of rising per capital income Food industry will grow to US$310 billion by 2015.Food Industry is growing at the rate of 13% estimate CSO (Central Statistical Organization) VISION To constantly innovate & provide the best that we can for our customers To be recognized as pioneers in the multi-brand food court management, utilizing the highest levels of corporate & with dedicated employees and partners MISSION To provide the consumer what it desire & to fill the gap between the need of the consumer and the current offering. STATEMENT OF PROBLEM Not much variety offered as far as the food is concerned. Moreover there is lack of a good Restro-lounge in Ahmedabad. MAJOR PLAYERS IN LOUNGE BUSINESS (INDIA) * GHETTO (Mumbai) * HARD ROCK (Mumbai) * SPORTS BAR (Mumbai) * L-A-P (LOUNGE & PARTY) Delhi AHMEDABAD...
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