The World Bank and IMF are placing increasing emphasis on projects aimed at improving the management of public finances. An integrated treasury system forms the backbone for recording and processing all transactions. This book provides a treasury reference model (TRM) to give guidelines for the design of automated treasury systems for governments. It provides detailed flow charts of the functional processes associated with Treasury systems. This book also includes a diagnostic questionnaire that could be used to evaluate country specific requirements as well as a set of sample functional specifications that could be used for procurement and/or development of the application software that would be required to implement these systems.The float of all payments transferred to the TSA should be as small as possible; ac The Bank accounts should continue to be ... by the agencies; and ac Account balances should be cleared to the TSA periodically to ensure that the governmenta#39;s cash ... Process Charts for Decentralized Arrangements The process charts given in Part II mainly show the information flows ... However, additional process diagrams are added for each major process to show how the information flow would varyanbsp;...
|Title||:||Treasury Reference Model|
|Author||:||Ali Hashim, Bill Allan|
|Publisher||:||World Bank Publications - 2001-01-01|