Publication:
Jamaica : Country Financial Accountability Assessment

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dc.contributor.authorWorld Bank
dc.date.accessioned2013-09-05T18:42:48Z
dc.date.available2013-09-05T18:42:48Z
dc.date.issued2001-04-25
dc.description.abstractThe Bank conducts Country Financial Accountability Assessments (CFAA) in all borrower countries. The specific objectives of the CFAA are to review the key aspects of public financial management at the national level: a) flow of funds to government entities and Bank projects, including planning, cash management, and budgeting; b) accounting and financial reporting; and c) auditing of public sector activities. The Bank carried out field work for a CFAA in Jamaica in May 2000. This CFAA makes the following recommendations: 1) Inefficient in the government's planning process and its subsequent integration into the budget process result in an inefficient execution of the budget, monitored mainly by cash flows rather than outputs. 2) Current budget formulation formats need to be simplified in order to increase their usefulness and assure more accurate estimates. 3) The government's decentralized cash management arrangements should be tightened to allow for greater central control over the amount of outstanding cash balances. 4) The government accounting function is more advanced than many Caribbean countries. However, there are still aspects to be improved. 5) The government's detailed financial reports on the budget and public sector expenditures should be more timely and focus more on actual expenditures rather than only the budgeted amounts. 6) As of 2000, the hardware and software of the Financial Management Information System (FMIS) needs to be upgraded.en
dc.identifierhttp://documents.worldbank.org/curated/en/2001/04/1121221/jamaica-country-financial-accountability-assessment-cfaa
dc.identifier.doi10.1596/15674
dc.identifier.urihttps://hdl.handle.net/10986/15674
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNT
dc.subjectACCOUNTABILITY
dc.subjectACCOUNTING
dc.subjectACCOUNTING
dc.subjectACCOUNTING & REPORTING
dc.subjectACCOUNTING MANUALS
dc.subjectACCOUNTING PROCEDURES
dc.subjectACCRUAL ACCOUNTING
dc.subjectACTUAL COST
dc.subjectADMINISTRATIVE REFORM
dc.subjectAPPROPRIATIONS
dc.subjectASSET MANAGEMENT
dc.subjectAUDITING
dc.subjectAUDITS
dc.subjectAUTHORITY
dc.subjectAUTHORIZATION
dc.subjectBANK ACCOUNTS
dc.subjectBANK OF JAMAICA
dc.subjectBORROWING
dc.subjectBUDGET ESTIMATES
dc.subjectBUDGET FORMULATION
dc.subjectBUDGET IMPLEMENTATION
dc.subjectBUDGET MONITORING
dc.subjectBUDGET PROCESS
dc.subjectBUDGETARY SUPPORT
dc.subjectBUDGETING
dc.subjectBUSINESS PROCESSES
dc.subjectCAPITAL EXPENDITURES
dc.subjectCAPITAL PROJECTS
dc.subjectCASH FLOWS
dc.subjectCASH MANAGEMENT
dc.subjectCENTRAL GOVERNMENT
dc.subjectCENTRALIZATION
dc.subjectCHECKING
dc.subjectCOMMERCIAL BANKS
dc.subjectCONSOLIDATED FINANCIAL STATEMENTS
dc.subjectCONSTITUTION
dc.subjectCOST ACCOUNTING
dc.subjectCOST OF CAPITAL
dc.subjectCUSTOMER SERVICE
dc.subjectDEBT MANAGEMENT
dc.subjectDEBT SERVICING
dc.subjectDECISION MAKING
dc.subjectDECISION MAKING
dc.subjectEXECUTION
dc.subjectEXECUTIVE AGENCIES
dc.subjectEXPENDITURE PATTERNS
dc.subjectEXPENDITURES
dc.subjectFINANCIAL ACCOUNTABILITY
dc.subjectFINANCIAL ADMINISTRATION
dc.subjectFINANCIAL ANALYSIS
dc.subjectFINANCIAL INFORMATION
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL MANAGEMENT SYSTEMS
dc.subjectFINANCIAL REPORTING
dc.subjectFINANCIAL REPORTS
dc.subjectFINANCIAL RESULTS
dc.subjectFINANCIAL REVIEW
dc.subjectFINANCIAL SECTOR
dc.subjectFISCAL
dc.subjectFISCAL POLICY
dc.subjectFISCAL SITUATION
dc.subjectFISCAL STANCE
dc.subjectFISCAL YEAR
dc.subjectGOVERNMENT ACCOUNTING
dc.subjectGOVERNMENT AGENCIES
dc.subjectGOVERNMENT COMPANY
dc.subjectGOVERNMENT ENTITIES
dc.subjectGOVERNMENT INTERVENTION
dc.subjectGOVERNMENT RESOURCES
dc.subjectHUMAN RESOURCE
dc.subjectHUMAN RESOURCE MANAGEMENT
dc.subjectHUMAN RESOURCES
dc.subjectINSTITUTIONAL FRAMEWORK
dc.subjectKEY PERFORMANCE INDICATORS
dc.subjectLACK OF TRANSPARENCY
dc.subjectLAWS
dc.subjectLEGAL AUTHORITY
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGISLATION
dc.subjectLEVEL OF REPAYMENT
dc.subjectMANAGERIAL AUTONOMY
dc.subjectMINISTRY OF FINANCE
dc.subjectNATIONAL BUDGET
dc.subjectNATIONAL LEVEL
dc.subjectPAYROLL
dc.subjectPENSIONS
dc.subjectPRIVATE SECTOR
dc.subjectPROCEDURES
dc.subjectPROCESS
dc.subjectPROGRAM BUDGETING
dc.subjectPROVISIONS
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC ENTERPRISES
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC FUNDS
dc.subjectPUBLIC RESOURCES
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SECTOR REFORM
dc.subjectPUBLIC SERVICE
dc.subjectPUBLIC SERVICES
dc.subjectRATIONALIZATION
dc.subjectRECURRENT EXPENDITURES
dc.subjectREGULATORY FRAMEWORK
dc.subjectREPORTING PROCEDURES
dc.subjectREPORTING SYSTEMS
dc.subjectREPRESENTATIVES
dc.subjectREVENUE
dc.subjectSTRUCTURE OF GOVERNMENT
dc.subjectTAX
dc.subjectTRANSPARENCY
dc.subjectTREASURY FINANCIAL ANALYSIS
dc.subjectCASH MANAGEMENT
dc.subjectACCOUNTING & REPORTING
dc.subjectAUDITING
dc.subjectPUBLIC FINANCE
dc.subjectFINANCIAL REPORTS
dc.subjectFINANCIAL MANAGEMENT
dc.subjectCOMPUTER SYSTEMS
dc.subjectBUDGET ANALYSIS
dc.subjectACCOUNTING AUTOMATION
dc.subjectBUDGET PROCESS
dc.titleJamaica : Country Financial Accountability Assessmenten
dspace.entity.typePublication
okr.crosscuttingsolutionareaPublic-Private Partnerships
okr.date.disclosure2010-06-12
okr.date.doiregistration2025-05-07T11:30:18.380419Z
okr.doctypeEconomic & Sector Work::Country Financial Accountability Assessment
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2001/04/1121221/jamaica-country-financial-accountability-assessment-cfaa
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.globalpracticeTrade and Competitiveness
okr.guid876251468042545537
okr.identifier.externaldocumentum000094946_01052204005372
okr.identifier.internaldocumentum1121221
okr.identifier.report22223
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2001/06/01/000094946_01052204005372/Rendered/PDF/multi0page.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.countryJamaica
okr.sectorPublic Financial Management
okr.sectorPublic Administration, Law, and Justice
okr.topicPublic Sector Economics
okr.topicPrivate Sector Development::Business Environment
okr.topicGovernance::National Governance
okr.topicBanks and Banking Reform
okr.topicPrivate Sector Development::Business in Development
okr.topicFinance and Financial Sector Development
okr.unitFinancial Management (LCSFM)
okr.volume1
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