The Impact of External Public Audit on the Budget Deficit

EIRP Proceedings

卷:9

Cristina Batusaru¹  Moldovan Iosif¹  Ramona Ioana Vlada¹  Alexandra Vasile¹ 

[1] “Lucian Blaga” University of Sibiu;

关键词: public audit;    consolidated general budget;    public revenue;    public expenses;    deficit;   

DOI  :  

来源: DOAJ

【 摘 要 】

Objectives: Public imbalances can cause extensive problems both on public finances and economy.Regardless of the constitution and destination of funds it is absolutely necessary to verify their correctaccounting, collection type and expense in accordance with applicable regulations, and if due attention is paidto obtain an optimal balance between resources and results. Therefore it is useful to study the role of publicaudit in the formation and use of public funds to indicate its impact on the budget balance. Prior Work: Thispaper presents the evolution of synthetic budgetary indicators during 2010 - 2013 and the impact that theexternal public audit had on the budget deficit. Approach: In order to highlight the importance and necessityof public audit activity it has been analyzed its influence in the formation and use of public funds and theextent of implementation of the recommendations made in the audit reports. Results: In the study conductedwe have set out several conclusions regarding definite reality according to which financial resourcesmaterialize a large part of GDP, so that advocates for public performance of the audit. Implications: The needfor public audit can be viewed through the prism of the three classes of economic and financial interests,namely: the interests of public entities, third party interests of consumers of public goods and services andstate interests. Value: This paper highlights the importance and the impact of public external audit activity onpublic financial funds and invites the interested readers on the topic to get involved by providing feedback inorder to improve this activity in Romania.

【 授权许可】

Unknown