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

<p>Public financial resources are constituted at the level of the state budget and are used and allocated to institutions for the general interests of the community in accordance with national legislation. Their optimal use requires the application of appropriate financial management, which in concrete terms is the science and art of conducting operations for the full use of financial resources to efficiently achieve the proposed objectives. Thus, financial management starts with the organization of financial planning, through forecasting, and is completed by the execution of the allocated budget. The coordination of public financial resources leads to the achievement of financial discipline, as well as to the obligation to respect the legality and conformity of public expenditure regulations applicable to the military organisation.</p>
</abstract>

Public financial resources are constituted at the level of the state budget and are used and allocated to institutions for the general interests of the community in accordance with national legislation. Their optimal use requires the application of appropriate financial management, which in concrete terms is the science and art of conducting operations for the full use of financial resources to efficiently achieve the proposed objectives. Thus, financial management starts with the organization of financial planning, through forecasting, and is completed by the execution of the allocated budget. The coordination of public financial resources leads to the achievement of financial discipline, as well as to the obligation to respect the legality and conformity of public expenditure regulations applicable to the military organisation.

Fundamentals of Financial Operations in the Military Organisation

International conference KNOWLEDGE-BASED ORGANIZATION

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

{"article-title":"Fundamentals of Financial Operations in the Military Organisation"}

Public financial resources are constituted at the level of the state budget and are used and allocated to institutions for the general interests of the...

Fundamentals of Financial Operations in the Military Organisation

Data publikacji: 05 lip 2022

Zakres stron: 26 - 31

DOI: https://doi.org/10.2478/kbo-2022-0044

Słowa kluczowe
financial resources, financial management, financial operations, methods, procedures

© 2022 Marius Milandru et al., published by Sciendo

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

Fundamentals of Financial Operations in the Military Organisation

Data publikacji: 05 lip 2022

Zakres stron: 26 - 31

DOI: https://doi.org/10.2478/kbo-2022-0044

Słowa kluczowefinancial resources, financial management, financial operations, methods, procedures

© 2022 Marius Milandru et al., published by Sciendo

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

Słowa kluczowe
financial resources, financial management, financial operations, methods, procedures