Republic of Poland: Technical Assistance Report - Building Forward Estimates and Standardizing the Chart of Accounts
IMF Staff Country Reports, March 16, 2018
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- Republic of Poland: Technical Assistance Report - Building Forward Estimates and Standardizing the Chart of Accounts
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Bibliographic details
- Published: March 16, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484347386.002
Summary of purpose and scope
- This Technical Assistance Report discusses the findings and recommendations made by the IMF mission about building forward estimates and standardizing the chart of accounts in Poland.
- The workshops identified a range of cross-cutting issues, with recommendations provided for how to apply them more broadly over the next two years, with ongoing short-term expert support.
- It is recommended to apply a consistent approach to treating demand driven entitlement programs, by using the existing detailed projection models and methodologies that lie within agencies and funds, but ensuring that all indices and volume parameters are in line with central macroeconomic assumptions to ensure consistency.
Key findings from the mission and workshops
- A range of cross-cutting issues were identified across budget classification, budget planning and preparation, capital spending, chart of accounts, expenditure, fiscal accounting and reporting, and public financial management (PFM).
- Existing detailed projection models and methodologies reside within agencies and funds and should be the basis for projecting demand-driven entitlement programs.
- Inconsistencies were found between indices and volume parameters used by agencies/funds and central macroeconomic assumptions.
Policy recommendations and implementation guidance
- Apply a consistent approach to treating demand-driven entitlement programs:
- Use the existing detailed projection models and methodologies that lie within agencies and funds.
- Ensure that all indices and volume parameters are aligned with central macroeconomic assumptions to ensure consistency.
- Broaden application of the workshop recommendations over the next two years with ongoing short-term expert support.
Relevant subjects and keywords (as classified in the report)
- Subject: Budget classification, Budget planning and preparation, Capital spending, Chart of accounts, Expenditure, Fiscal accounting and reporting, Public financial management (PFM)
- Keywords: Africa, Budget classification, budget department, Budget planning and preparation, capital investment, Chart of accounts, CR, Fiscal accounting and reporting, forward estimate, government assurance, government task, government unit, ISCR, labor market, price index, public finance, state body, State budget, State budget transfer, State budget unit
Content in this bundle
- Country Report