D 2018

Transparency in The Municipality Spending:Financial Health Index

ŠEBESTOVÁ, Jarmila, Ingrid MAJEROVÁ and Irena SZAROWSKÁ

Basic information

Original name

Transparency in The Municipality Spending:Financial Health Index

Authors

ŠEBESTOVÁ, Jarmila (203 Czech Republic, belonging to the institution), Ingrid MAJEROVÁ (203 Czech Republic, belonging to the institution) and Irena SZAROWSKÁ (203 Czech Republic, belonging to the institution)

Edition

Iasi, EUFIRE 2018, p. 177-190, 13 pp. 2018

Publisher

Editua Universitari Alexandru Ioan Cuza

Other information

Language

English

Type of outcome

Stať ve sborníku

Field of Study

50602 Public administration

Confidentiality degree

není předmětem státního či obchodního tajemství

Publication form

electronic version available online

RIV identification code

RIV/47813059:19520/18:00011097

Organization unit

School of Business Administration in Karvina

ISBN

978-606-714-492-5

Keywords in English

financial ratios; financial health; performance management; spending
Změněno: 21/11/2019 15:04, RNDr. Daniel Jakubík

Abstract

V originále

Local governments in the Czech Republic have an advisory role to their municipalities. A ministry of finance defined a set of financial indicators (SIMU system) which could be used for financial health evaluation, but only two of them are obligatory. The SIMU system includes four main groups of indicators, when only two of them are monitored by Ministry of Finance (a share of liabilities to total assets in %, and the current ratio. Indisputable advantage is its standard form of financial evaluation for all municipalities and relatively simple method of calculation based on delivered data. Main disadvantage can be seen in the fact that the municipality receives feedback only for two indicators, which have a recommended value.