| ID | 120393 |
| Title Proper | Accrual budgeting and defence funding |
| Other Title Information | theory and simulations |
| Language | ENG |
| Author | Solomon, Binyam ; Stone, Craig |
| Publication | 2013. |
| Summary / Abstract (Note) | This paper explores the impact of moving to accrual budgeting on resources allocation in defence. Standard defence budgeting and investment models are used to assess the theoretical implications of accrual budgeting. In addition, a number of simulations are conducted to assess the long-term implications of moving to accrual accounting and budgeting. The result of the simulations shows that changes to deployed operations and other operational shocks will have manageable impacts on readiness but systematic shocks associated with defence unit prices, procurement policies and defence specific inflation will put considerable strain on the defence department's flexibility. |
| `In' analytical Note | Defence and Peace Economics Vol. 24, No.3; Jun 2013: p.211-227 |
| Journal Source | Defence and Peace Economics Vol. 24, No.3; Jun 2013: p.211-227 |
| Key Words | Accrual Budgeting ; Budget Identity ; Defence Outputs |