RESOURCE ALLOCATION SYSTEM

System That Control Resource Allocation

System That Control Resource Allocation

Introduction

The allocation of resources emerges as an issue because of the limited supply of the resources in the society. Whereas, the wants of the human for the resources is unlimited and there can be alternate uses of the given resource. So, a system is needed by every country to control the allocation of resources to maintain balance among demand and supply of the resources. In Kazakhstan finance control system is the prime system through which resources are allocated in the country.

Finance Control System of Kazakhstan

The basic purpose of the state financial control system is the maintenance of financial discipline, improvement of management efficiency strength by resources of finance. In the condition of financial sector stabilization, solution for the problems of the real state market, support of medium and small sized businesses, agricultural development and realization of the infrastructural and industrial projects country's financial control system increases sharply on effective utilization direction. Now the accounts committee's function is fixed in the code of the budget of the country.

In the course of control actions the accounts committee states strategic plan's estimation for central state bodies and budgetary plans based on the control actions that are conducted. The accounts committee has developed a number of recommendations on the expansion of programs since the development of new code of budget being presented in January 2009. The special attention had been given to the advertisement of the work of the accounts committee, budgetary fund uses and improvement in transparency in the execution of the budget of the republican. The accounts committee is constantly improving the control methods. Based on the state's financial control method the account's committee has developed corresponding planning methodology (A.B, 2011, pp 2).

Cost Management System of Kazakhstan

In the first half of ...