1 / 8

Lessons Learned and Plans for Development: Centralization of Public Sector Accounting and Reporting in the Russian Feder

This article explores the benefits and challenges of implementing a centralized model for public sector accounting and reporting in the Russian Federation. It discusses the lessons learned from the implementation and outlines the plans for further development in the areas of document unification, process automation, regulatory environment, organizational and methodological framework, and technological framework.

robertv
Download Presentation

Lessons Learned and Plans for Development: Centralization of Public Sector Accounting and Reporting in the Russian Feder

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Centralization of Public Sector Accounting and Reporting in the Russian Federation: Lessons Learned and Plans for Development A.V. Dubovik Deputy Head of the Federal Treasury October 24, 2019

  2. Lessons learned and plans for development Conclusion: Centralized model is an effective tool to put in place a public sector accounting function in the context of limited resources and given the state of methodological support and technology. The performance of the centralized model depends on unification of business processes across the entire public sector. 2

  3. Lessons learned and plans for development Document unification and process automation (evaluation) 0 – 25% 25 – 50% 50 – 75% 75 – 100% + archiving! 3

  4. Lessons learned and plans for development Centralized model: fine-tuning parameters Regulatory environment Organizational and methodological framework Technological framework 4

  5. Lessons learned and plans for development Regulatory environment 5

  6. Lessons learned and plans for development Organizational and methodological framework 6

  7. Lessons learned and plans for development Technological framework 7

  8. Centralized model: expected effects Enhancedtransparency and accountability of federal government and federal budget institutions; Improved reliability of accounting; Improved financial discipline; Possible downsizing of federal staff; Possible streamlining of annual federal budget expenditures 8

More Related