Bosnia and Herzegovina: Technical Assistance Report-Government Finance Statistics Mission

March 17, 2020

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Format: Chicago

Bosnia and Herzegovina: Technical Assistance Report-Government Finance Statistics Mission, (USA: International Monetary Fund, 2020) accessed September 19, 2024

Summary

This paper on Bosnia and Herzegovina presents the report on the government finance statistics technical assistance mission in Bosnia and Herzegovina. Further on developing reconciliation processes, the mission provisionally finalized research to establish reconciliation procedures, without fully eliminating statistical discrepancies. On the compiling of nonbudgetary public sector units, the mission continued the development of compilation processes as started during the May 2018 mission. Considering the differences in outcomes on balance sheet transactions between the ‘old’ and the ‘new’ compilation process, further research is required to test the plausibility of these compilation processes and outcomes. The mission will liaise with IMF’s European Department on an appropriate implementation procedure in coordination with other reporting units in Bosnia and Herzegovina that are also revising fiscal surveillance to the Government Finance Statistics Manual 2014 framework. The mission succeeded in resolving statistical discrepancies—at least from accounting technical point of view.

Subject: Budget planning and preparation, Chart of accounts, Economic and financial statistics, Financial statements, Fiscal performance assessment, Fiscal policy, Government finance statistics, Public expenditure review, Public financial management (PFM)

Keywords: Accounting data, Accounts receivable, Balance sheet data, Balance sheet item, Budget balance sheet, Budget planning and preparation, Chart of accounts, Compilation process, Concept GFS compilation file, Counterpart balance sheet recording, CR, Eastern Europe, Economic value, Financial statements, Fiscal performance assessment, GFS compilation procedure, Government finance statistics, Income statement, ISCR, Reconciliation process, Republika Srpska balance sheet stock, Republika Srpska budget, Southern Europe

Publication Details

Pages:

27
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2020/075
Stock No:

1BIHEA2020001
ISBN:

9781513537252
ISSN:

1934-7685

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