Kuwait-University-Journal-of-Law-header
Search
Journal of Law

Previous Issues

Advance Search
Year : From To Vol
Issue Discipline:
Author

Volume :12 Issue : 45 1986      Add To Cart                                                                    Download

EXTERNAL CONTROL OVER BUDGET IN KUWAIT IN LIGHT OF THE RECENT TRENDS IN BUDGET.AND GOVERNMENT CONTROL

Auther : Dr. Said Mofied Douban

This study examines and evaluates the external control bodies over the execution of budget in Kuwait, in light of the secret developments in budget and governmental control. The role of budget as a tool of economic planning and development is discussed. It also includes a brief outline of the traditional budget, programme and performance budget, planning programming budgeting system and zero – base budgeting.

The paper also discusses the scope and content of what has been termed comprehensive auditing or management auditing, its main function includes financial compliance, economy and efficiency and programme results. The Scope of each one of these functions is outlined in some detail.

The study focuses also on the historical development of budget in Kuwait. In the course of dealing with the methods of exercising control over revenues and expenditures, the paper examines and evaluates the types and scopes of controls performed by the Ministry of Finance, the Supreme Audit Bureau and the National Assembly. Their function and responsibilities in the arena of control are also outlined.

The findings of this study indicate that the control of budget in Kuwait, which is carried out by the external controlling bodies, is performed according to the financial compliance concept. The Scope of controls is primarily concerned with the legality of transactions to determine whether transactions are properly conducted in accordance with the budget constrains and in compliance with the pertinent laws and regulations. No proper evaluation of the use of scarce resources in terms of economy, efficiency of the effectiveness with which programme or activity is achieved. At a time when the rationalization of public expenditures is becoming increasingly important to the government of Kuwait, the financial compliance concept alone may not be efficient. These external, controlling bodies should also engage in the concept of management auditing or performance auditing.

The later will provide the Government with valuable information that is most needed to make sure that the public expenditures are properly used in such a manner that can also be the most good for the least expense.

The conclusion outlines some constructive suggestions and recommendations to alleviate the current limitations in the area of budget control performed by the external controlling bodies in Kuwait.

* Assistant Professor of Accounting – Faculty of Commerce, Azhar University, Cairo, Egypt. Currently a staff Member of the Accounting Department, Faculty of Commerce, Kuwait University.

Journal of Law
Journal of Law

You are Visitor No.

107795

Journal of Law
Journal of Law
Tell your friendsJournal of Law
Journal of Law

Last Updated

Dec 26, 2021

Journal of Law
Journal of Law
Journal of Law

Please enter your email Here to receive our news

Journal of Law