Financial management of the Czech state-funded institutions
| Authors | |
|---|---|
| Year of publication | 2018 |
| Type | Article in Proceedings |
| Conference | The 12th International Days of Statistics and Economics Conference Proceedings |
| MU Faculty or unit | |
| Citation | |
| Web | https://msed.vse.cz/msed_2018/article/257-Vodakova-Jana-paper.pdf |
| Keywords | state-funded institution; contributory institution; financial reporting; state administration |
| Description | This paper deals with possible indicators of financial management in the area of the state-funded institutions founded by the state, more specifically the Czech ministries. Its main aim is to select possible financial indicators and verify and discuss their applicability for purposes of financial management in the terms of the state-funded institutions founded by the state. The paper loosely follows-up our previous research that mapped the situation in financial reporting of the Czech state-funded institutions and its relevance in relation to financial management requirements, especially on higher levels of management. In this paper we select three possible financial indicators and monitor their values and development trends on examined sample of the state-funded institutions. We also discuss applicability and relevance of indicators for purposes of financial management. As main data sources the Ministry of Finance of the Czech Republic databases, relating legal regulations and scientific papers are used. |