<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The financial crisis, pandemic, and security crisis are moments that have accompanied Europe and the world in recent years. For each of them, the implications for defence budgets are evident. In the light of the experience of recent years, it is necessary for the government to be prepared and able to predict and appropriately decide which public funds can be temporarily given up in favor of a specific situation, and what effect this decision will have. However, ensuring the reallocation of these funds within public budgets further increases the pressure on their proper management, taking into account economic rationality. Therefore, the paper presents the perspective on the efficiency of planning and budgeting in the selected example of the Ministry of Defence of the Czech Republic (MoD CR) expenditure item in the period of time 2007–2022. The analysis of these data reveals significant shortcomings, despite the real disposal of economic and managerial tools that should purposely prevent them.</p>
</abstract>

The financial crisis, pandemic, and security crisis are moments that have accompanied Europe and the world in recent years. For each of them, the implications for defence budgets are evident. In the light of the experience of recent years, it is necessary for the government to be prepared and able to predict and appropriately decide which public funds can be temporarily given up in favor of a specific situation, and what effect this decision will have. However, ensuring the reallocation of these funds within public budgets further increases the pressure on their proper management, taking into account economic rationality. Therefore, the paper presents the perspective on the efficiency of planning and budgeting in the selected example of the Ministry of Defence of the Czech Republic (MoD CR) expenditure item in the period of time 2007–2022. The analysis of these data reveals significant shortcomings, despite the real disposal of economic and managerial tools that should purposely prevent them.

Useage of Budgetary and Accounting Data for Financial Planning in Time of Crisis: The Case Study of the Czech Republic’s Ministry of Defence

International conference KNOWLEDGE-BASED ORGANIZATION

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

The financial crisis, pandemic, and security crisis are moments that have accompanied Europe and the world in recent years. For each of them, the implications...

Useage of Budgetary and Accounting Data for Financial Planning in Time of Crisis: The Case Study of the Czech Republic’s Ministry of Defence

Publié en ligne: 05 juil. 2022

Pages: 39 - 45

DOI: https://doi.org/10.2478/kbo-2022-0046

Mots clés
crisis, defence, defence expenditures, planning and budgeting, budget and accounting data

© 2022 Kamil Nečas et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Useage of Budgetary and Accounting Data for Financial Planning in Time of Crisis: The Case Study of the Czech Republic’s Ministry of Defence

Publié en ligne: 05 juil. 2022

Pages: 39 - 45

DOI: https://doi.org/10.2478/kbo-2022-0046

Mots cléscrisis, defence, defence expenditures, planning and budgeting, budget and accounting data

© 2022 Kamil Nečas et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Mots clés
crisis, defence, defence expenditures, planning and budgeting, budget and accounting data