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Shanghai tax firm Li & Fung Ltd.
Address: Zhongshan West Road 2368,  Huading Building 10 floor,room D      Postal Code: 200235
Company switchboard: 021-64861516
Business Phone: Teacher Tan 64,863,398*13,391,115,013  / Teacher Chen 34,698,775 
Supervision Tel: Teacher Yao 64872271/13901903781

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Success case

Performance evaluation and application of evaluation results after project completion (after Performance Evaluation)


        With the advance of the rise of the budget and public finance and public sector reform of new public management and performance of the new budget, the government's financial management and institutional change choice concept also quietly changing. In China, fiscal expenditure performance appraisal after the event as a starting point, finance capital "Tracing effect" began to gradually establish a mechanism. Rational use of the results of the performance evaluation is the core of the financial performance of the work, but also the performance of the budget and ex post performance evaluation of the combination of points.
        Expenditure performance evaluation and appraisal of the evaluation results, also called performance information, "we have performance information" and "the use of performance information to make decisions," these two concepts are not the same, there is a performance information from production to get the application process and then reality . Performance information is not an end in itself, it's just decision-making tools. Whether it is from the government performance evaluation, performance budgeting and public expenditure management point of view, the financial expenditure performance evaluation results of the application has its inevitability.
        From the perspective of government performance evaluation, performance evaluation is a progressive process level, including the evaluation of the preparatory phase, implementation phase and evaluation results of the organization's management stage a series of links.
        From the level of performance of the budget, the central feature of performance budgeting is between performance information and budget decision to establish a link, to achieve effective use of the performance evaluation results to help form a tight, covering the whole process of financial capital expenditure "performance budget allocation - use - the use of evaluation results - budget allocation under the annual performance of" performance budget constraints ring so that performance management throughout the expenditure and distribution areas.
        From the point of view of their own financial expenditure performance evaluation, the use of fiscal expenditure performance evaluation results of the evaluation is to determine the main basis for their success, but also to ensure that work continued in-depth development of the basic premise. Financial performance evaluation is to strengthen the financial regulatory expenses, the rational allocation of public resources, optimize the structure of fiscal expenditure, an important means of improving efficiency in the use of funds.
        Success stories include:
        "Consumer Protection Project"
        "Green conservation project" 

Shanghai Lifeng Tax Agent Co., Ltd
Tel: 021-64863398

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