Government budgetary is one of the important elements in any government in the world. The government budget will direct or...
Government budgetary is one of the important elements in any government in the world. The government budget will direct or indirectly affecting the country economy, growth and development. The government has a department or bureau to plan for the budget, approved for the budget and monitor the budget spending of the entities. This project aims are to compare the Saudi Arabia and United States (US) government budgetary process and the entities involved in this process.
REQUIREMENT
1. Form a group of 4-6 students.
2. There are many significant differences between US government budgetary systems with Saudi Arabia government budgetary systems. Based on this statement you are required to make comparison between these two countries difference in term of:
a. Budgetary process
• The formation process
• Implementation process
• Monitoring and evaluation process
b. Government agency involved in the budgetary process
• The function of ministry of Finance (Saudi Arabia) and Treasury department (US Government)
• The responsibility of Auditor General or Auditing Bureau
3. Why do you think each country may have their own practice in term of reporting the government accounting and budgetary system?
4. You must submit your final report in hardcopy (print out) on the Wednesday of week 15 (4 May 2016). The report should be written using New Times Roman size 12. Any late submission will bear the penalties of mark deduction. You need to include the reference for any material you gather either from online resource or other material at the last page of the report
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