STRATEGIC FRAMEWORK FOR INTRODUCING FMIS AND ATTRIBUTES OF A WELL-DESIGNED FMIS

Abstract

In most established nations, budget plan implementation and also audit methods were/are either hand-operated or assisted by older and also poorly kept software application requests. This has possessed harmful effects on the performance of their public expenditure management (PEM) systems, that are often certainly not appropriately enjoyed. The consequent shortage of reliable and also prompt income as well as expenses records for spending plan organizing, monitoring, expenses control, as well as reporting has adversely influenced spending plan management. This paper provides the strategic framework for introducing FMIS and attributes of a well-designed FMIS.