FAA

E630334

legislation public finance law

The FAA is a common abbreviation for the Financial Administration Act, a key piece of legislation governing the financial management and administration of public funds in a given jurisdiction.

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Observed surface forms (1)

Surface form	Occurrences
Financial Administration Act	0

Statements (46)

Predicate	Object
instanceOf	legislation ⓘ public finance law ⓘ
aimsTo	ensure lawful spending of public money ⓘ prevent misuse of public funds ⓘ standardize financial procedures across government ⓘ
appliesTo	government departments ⓘ public agencies ⓘ public sector entities ⓘ
covers	appropriation of funds ⓘ auditing of public accounts ⓘ authorization of expenditures ⓘ financial oversight mechanisms ⓘ financial reporting to the legislature ⓘ
defines	powers of the treasury or finance ministry ⓘ roles and responsibilities of financial officers ⓘ rules for managing public assets ⓘ rules for managing public liabilities ⓘ
governs	accountability for use of public money ⓘ budgetary processes ⓘ financial reporting requirements ⓘ internal control systems for public funds ⓘ public expenditures ⓘ public revenues ⓘ
hasAbbreviation	FAA NERFINISHED ⓘ
hasPurpose	ensure proper management of public funds ⓘ establish legal framework for government financial operations ⓘ promote accountability in public financial administration ⓘ promote transparency in public financial administration ⓘ
isFrameworkFor	cash and debt management in the public sector ⓘ government accounting standards ⓘ public financial management systems ⓘ
isUsedIn	government financial administration ⓘ public sector financial governance ⓘ
legalDomain	administrative law ⓘ public finance ⓘ
mayInclude	penalties for financial mismanagement ⓘ sanctions for unauthorized expenditures ⓘ
objective	enhance efficiency of public financial administration ⓘ safeguard integrity of public financial systems ⓘ
regulates	administration of public funds ⓘ financial management of public funds ⓘ
requires	compliance with approved budgets ⓘ periodic financial statements ⓘ record-keeping for public financial transactions ⓘ
supports	external audit of government accounts ⓘ legislative oversight of public finances ⓘ

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Financial Administration Act of Canada → shortName → FAA ⓘ

subject surface form: Financial Administration Act