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Post by account_disabled on Mar 12, 2024 6:14:12 GMT
Focuses on demonstrating the results of their activities and the return that the investor must extract from them and, in the case of public authorities, the return to be obtained is only the provision of services to the citizen. Furthermore, according to the CFC, governments and other public sector entities must respond to those who provide resources for the government machinery to operate properly, especially those who provide these resources through the payment of tax obligations and other obligations. Highlighting that the resources collected by the Public Power originate from the imposition of taxes, as well as the charging of interest, non-tax Belgium Phone Number Data fees, the receipt of dividends and other remunerations provided for by law. The objective of accountability, referred to above in the CFC standards, or accountability and responsibility, is linked to the budgets prepared by public entities and approved by the Legislative Branch, with society being responsible for supervising these public entities, directly or indirectly. Finally, in item 2.5, the CFC statement indicates that they are users of RCPGs, citizens who receive services from the government and other public sector entities and provide part of the resources for this purpose. Thus, they, citizens, are designated as primary users of RCPGs. The most interesting thing to note is that we are not convinced that even these people are aware that they can have access to such information and, furthermore, these financial reports interact with the budget in two different moments supplying information for preparing the budget and (2) demonstrating the application that was made of public resources. Finally, Ordinance.
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