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Influence of financial planning practices on county governments Kenya

Influence of financial planning practices on county governments Kenya

140023441
4234 руб.
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Описание
the book sought to determine the major financial planning practices namely,forecasting practices,budgeting practices and financing decisions on how they influence financial planning in the county governments.Financial planning practices enable a government assess financial situation and sources of finance, determine its objectives, and then formulate financial strategies to achieve those objectives. Government financial planning practice is a kind of process in which government assess its financial situation, determines its objectives and formulates financial strategies on how to achieve those objectives. Meanwhile, government financial planning practice is a process in which a government sets long-term financial goals through provision of infrastructural facilities and service delivery to the public. In the increasingly globalized 21st century, financial planning practice has become more and more complex. In a world where there are few guarantees through financial planning practice, prudent financial management and careful spending can help the government achieve financial goals.Financial Planning practices are intrinsic part of any organization.