Seminar on implications of ESA 95 standards for local authorities
- Local public finances in ESA 95: recent developments, budgetary standards, and perspectives
- Budgetary control and the importance of debt management
- ESA 95 and key differences from local government accounting
- Implications of ESA 95 for local authorities
- Implementation in the ‘e-comptes’ application
The first presentation will:
- recap the problems involved with the budgetary balance standards applicable to local authorities in the broader and more current context of budgetary projections recommended by the FSC.
- analyse the place of PL funds in the totality of public funds, in particular in relation to other levels of authority (such as federated Entities, including the Regions).
- examine recent and past trends (1990-2009) in financing for local governments (and their structures) as measured in the National Accounts defined by ESA 95, and highlight some outlooks for the future and challenges based on the forthcoming medium-term Projections (2010-2015) from the Federal Planning Bureau which will be available in June of this year.
The second presentation will be a brief description of the ESA 95 standards and will discuss its four main differences from local government accounting, viz.: entry of loans, the concept of the financial year, references with respect to the balance, and reporting on transfer of financial assets.
The third presentation will first discuss different resources available to communities to achieve the budget projection targets, followed by a discussion of the impact of the application of these standards on investments.
In conclusion, the speakers will present initial figures from processing by the ‘e-comptes’ application designed to use data from the Standardised Accounting Databases (BDCS).
Registration on invitation
For press accreditation, please see Press Contact
Where
Easy access, close parking
