Audit of Assumptions for Budget 2009

Audit of Assumptions for Budget 2009
Author: National Audit Office
Publisher: The Stationery Office
Total Pages: 36
Release: 2009
Genre: Business & Economics
ISBN: 9780102954746

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The Chancellor of the Exchequer asked the National Audit Office to audit two new assumptions underlying the Treasury's fiscal projections within the 2009 Budget (HC 407, session 2008-09, ISBN 9780102959161). Firstly, to assess if the 2008 Pre-Budget report assumption for the trend rate of growth, allowing for a downward adjustment to the trend output level of around 4 per cent, for the post-2006 period, together with the further downward adjustment at Budget 2009 to the trend output level of around 1 per cent, is reasonable and cautious. Secondly, to examine whether the approach used by the Treasury to produce estimates of the fiscal aggregates adjusted for the effects of the economic cycle is reasonable.

Audit of assumptions for budget 2010

Audit of assumptions for budget 2010
Author: Great Britain: National Audit Office
Publisher: The Stationery Office
Total Pages: 32
Release: 2010-03-24
Genre: Business & Economics
ISBN: 9780102963595

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This report examines the conventions and assumptions underlying the fiscal projections within the 2010 Budget (HC 451, session 2009-10, ISBN 9780102964639) that are submitted by the Treasury for examination, along with a review of assumptions on the VAT gap, tobacco revenues, factor shares in national income and funding (debt increase)

Audit of assumptions for the 2009 pre-budget report

Audit of assumptions for the 2009 pre-budget report
Author: Great Britain: National Audit Office
Publisher: Stationery Office
Total Pages: 0
Release: 2009-12-09
Genre: Business & Economics
ISBN: 9780102963373

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This report by the National Audit Office, made under sections 156 and 157 of the Finance Act 1998, examines the conventions and assumptions underlying the Treasury's fiscal projections within the 2009 pre-budget report (Cm. 7747, ISBN 9780101774727).

Audit of Assumptions for Budget 2006

Audit of Assumptions for Budget 2006
Author: Great Britain: National Audit Office
Publisher: The Stationery Office
Total Pages: 24
Release: 2006-03-22
Genre: Business & Economics
ISBN: 0102937222

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This report by the National Audit Office, made under sections 156 and 157 of the Finance Act 1998, examines the conventions and assumptions underlying the Treasury's fiscal projections within the 2006 Budget (HCP 968, session 2005-06; ISBN 0102937311).

Audit of assumptions for budget 2008

Audit of assumptions for budget 2008
Author: Great Britain: National Audit Office
Publisher: The Stationery Office
Total Pages: 12
Release: 2008-03-12
Genre: Business & Economics
ISBN: 9780102953367

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This report by the National Audit Office, made under sections 156 and 157 of the Finance Act 1998, examines the conventions and assumptions underlying the Treasury's fiscal projections within the 2008 Budget (HC 388, session 2007-8, ISBN 9780102953336)

Budget 2009

Budget 2009
Author: Great Britain. Treasury
Publisher: The Stationery Office
Total Pages: 274
Release: 2009
Genre: Business & Economics
ISBN: 9780102959161

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The Budget sets out the Government's plans for taxation, public spending and economic growth for the coming year. Details announced include: an annual growth rate of 2.5 per cent for 2006-07 with a forecast of 2.75 to 3.25 per cent for 2007-08; an inflation rate of two per cent this year; and public sector borrowing on course for a 16 billion surplus over the economic cycle ending in 2010-11, with net borrowing set at 37 billion for this year and 36 billion next year, falling to 23 billion in the year to 2010-11.

Fiscal Risks - Sources, Disclosure, and Management

Fiscal Risks - Sources, Disclosure, and Management
Author: International Monetary Fund. Fiscal Affairs Dept.
Publisher: International Monetary Fund
Total Pages: 45
Release: 2008-05-31
Genre: Business & Economics
ISBN: 1498334520

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A number of member countries have expressed interest in advice regarding disclosure and management of fiscal risks (defined as the possibility of deviations of fiscal outcomes from what was expected at the time of the budget or other forecast). This paper analyzes the main sources of fiscal risks and—building on an overview of existing practices in a wide range of countries—provides practical suggestions in this area, including a possible Statement of Fiscal Risks and a set of Guidelines for Fiscal Risk Disclosure and Management.

Local Budgeting

Local Budgeting
Author: Anwar Shah
Publisher: World Bank Publications
Total Pages: 410
Release: 2007
Genre: Business & Economics
ISBN: 0821369466

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Local budgeting serves important functions that include setting priorities, planning, financial control over inputs, management of operations and accountability to citizens. These objectives give rise to technical and policy issues that require open discussion and debate. The format of the budget document can facilitate this debate. This book provides a comprehensive treatment of all aspects of local budgeting needed to develop sound fiscal administration at the local level. Topics covered include fiscal administration, forecasting, fiscal discipline, fiscal transparency, integrity of revenue administration, budget formats, and processes including performance budgeting, and capital budgeting.

Budget 2010

Budget 2010
Author: Great Britain. Treasury
Publisher: The Stationery Office
Total Pages: 240
Release: 2010-03-24
Genre: Business & Economics
ISBN: 9780102964639

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The Budget sets out the Government's plans for taxation, public spending and economic growth for the coming year. Details announced include: an annual growth rate of 2.5 per cent for 2006-07 with a forecast of 2.75 to 3.25 per cent for 2007-08; an inflation rate of two per cent this year; and public sector borrowing on course for a 16 billion surplus over the economic cycle ending in 2010-11, with net borrowing set at 37 billion for this year and 36 billion next year, falling to 23 billion in the year to 2010-11.

Government Auditing Standards

Government Auditing Standards
Author: Government Accounting Office
Publisher: www.Militarybookshop.CompanyUK
Total Pages: 242
Release: 2012
Genre: Business & Economics
ISBN: 9781780397030

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Newly revised in 2011. Contains the auditing standards promulgated by the Comptroller General of the United States. Known as the Yellow Book. Includes the professional standards and guidance, commonly referred to as generally accepted government auditing standards (GAGAS), which provide a framework for conducting high quality government audits and attestation engagements with competence, integrity, objectivity, and independence. These standards are for use by auditors of government entities and entities that receive government awards and audit organizations performing GAGAS audits and attestation engagements.