 THE ECONOMETRICS OF THE FORECASTING OF FINANCIAL RESOURCES, A MAIN COMPONENT OF THE FINANCIAL MANAGEMENTPetru Filip Annals of Faculty of Economics, 2009, vol. 4, issue 1, 1096-1098 Abstract: The paper intends to emphasise the importance of budget resources forecasting for long periods of time, within the financial management. An as accurate as possible forecasting of the volume of financial resources will represent the basis for the future projections of the expenditure of local communities, as they are regulated by law, knowing that one of the principles representing the basis of budget making is that of the balanced budget. To the same extent, the volume of the budget liquidities will depend on the rigorousness of the design of the volume of financial resources.. Beyond the abstract character of the mathematic calculus made by specialists in econometrics, the financial manager is also interested to know the forecasting techniques so that he/she can draw up the income and expenditure budget, the basis for the implementation of the economicsocial development strategies of the local communities. The financial management remains a fundamental component of the public management through the theoretical-methodological arsenal made available for the loan officer. Keywords: public service decentralization; financial balance; public manager; funding policies (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ora:journl:v:4:y:2009:i:1:p:1096-1098 Access Statistics for this article More articles in Annals of Faculty of Economics from University of Oradea, Faculty of Economics Contact information at EDIRC. |
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