Guideline on Common Financial Management Business Process 1.1 – Manage Planning And Budgeting

This guideline presents the should be financial business process for Manage Planning and Budgeting and describes the annual activities that departments would complete in order to develop detailed internal departmental plans and budgets against their voted authorities for the fiscal year.
Date modified: 2013-05-15
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Long description for image: Figure 3. The Expenditure Management Cycle

This figure depicts the expenditure management cycle of the Government of Canada. The figure consists of three concentric circles. Each circle is divided into three components.

The outermost circle is labelled “Government-wide,” and its three components are aligned with the middle circle’s three components, which are labelled “Plan,” “Actual” and “Report.” Each component of the outermost circle contains a number of boxes.

The component on the right side of the outer circle contains seven boxes that are aligned with the part of the middle circle labelled “Plan.” The seven boxes are labelled:

  • “Budget Speech;”
  • “Memorandum to Cabinet;”
  • “Treasury Board Submission;”
  • “Program Alignment Architecture;”
  • “Annual Reference Level Update;”
  • “Main Estimates;” and
  • “Report on Plans and Priorities.”

The component on the bottom part of the outer circle contains four boxes that are aligned with the part of the middle circle labelled “Actual.” The four boxes are labelled:

  • “Supplementary Estimates;”
  • “Assets, Liabilities;”
  • “Expenditures, Revenues;” and
  • “Interim and Full Supply.”

The component on the left side of the outer circle contains five boxes that are aligned with the part of the middle circle labelled “Report.” The five boxes are labelled:

  • “Audit;”
  • “Management Accountability Framework;”
  • “Financial Statements;”
  • “Departmental Performance Report;” and
  • “Public Accounts.”

The third and innermost circle is labelled “Department/Agency,” and its three components are labelled:

  • “Departmental Planning and Budgeting,” which is aligned with the part of the middle circle labelled “Plan.”
  • “Expenditures, Revenues, Forecasting and Monthly Reporting,” which is aligned with the part of the middle circle labelled “Actual.”
  • “Departmental Results, Evaluation and Performance Reporting,” which is aligned with the part of the middle circle labelled “Report.”
ARLU:
Annual Reference Level Update
DPR:
Departmental Performance Report
MAF:
Management Accountability Framework
MC:
Memorandum to Cabinet
PAA:
Program Alignment Architecture
RPP:
Report on Plans and Priorities
TB:
Treasury Board

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