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Subnational PEFA Performance Assessment Report for Phnom Penh Capital Administration ___Royal Government of Cambodia Steering Committee of Public Financial Management ReformPublic Expenditure and
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Public expenditure and financial management (PEFM) refers to the processes and systems that governments use to plan, execute, and monitor their financial resources and expenditures.
Generally, government entities, public organizations, and certain non-profit organizations that manage public funds are required to file public expenditure and financial reports.
Filling out public expenditure and financial forms typically involves gathering financial data, entering the information into the designated templates or software, and ensuring compliance with relevant accounting standards.
The purpose of public expenditure and financial management is to ensure transparency, accountability, and efficient use of public resources, thereby improving governance and service delivery.
Reports must typically include budget data, actual expenditures, financial position, compliance information, and evaluative information regarding the effectiveness of spending.
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