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Budget Deliberation and Review of Account Settlement - National research council for economics. Humanities and social sciences

Activities

Budget Deliberation and Review of Account Settlement

Review on the research institute budgets and project plans

Purpose

  • To establish project plans to realize the mission and visions of the institutes and effectively achieve management goals of the institutes’ presidents
  • To promote research projects and rational execution of budget through preliminary review of institutes’ project plans, monitoring the process and inspecting the budget execution afterwards
  • To establish plans for the NRC and institutes as well as to promote transparency while creating a stable research environment

Details

  • Review and Deliberation on Research Institutes’ Budget
    • Review and Approval (Board of Directors, Government, National Assembly) on NRC and research institutes government grant
    • Establishing and submitting mid-term financial plans
    • Organizing and modifying budget plans
  • Review and Deliberation on Research Institutes’ Project Plans
    • Review and deliberation on NRC and research institutes project plans
    • Approval of research institutes’ project plans and budget modifications
  • Forming and operating the budget and project plans review committee
    • Organizing and operating the Planning and Evaluation Committee, IT Project Subcommittee, as well as the Board of Directors Budget Subcommittee

Schedule

Schedule of Review on the research institute budgets and project plans
Process Details Schedule

Establishing and submitting midterm project plans

January-March

Notification of government grant request criteria and format

April- May

Deliberation and modification of government grant request draft

May-June

Resolution by the Board of Directors on the government grant request draft and submitting the request to the Prime Minister’s Office

Early June

Deliberation and approval of the government grant Request by the Ministry of Strategy and Finance

June-September

Deliberation and approval of the government grant request by the National Assembly

October-December

Submitting the budget plan and project plan to the Prime Minister’s Office

By December 31st

Review on Account Settlement

Purpose

  • To conduct transparent and effective account settlement as well as establishing a systematic review report process
  • To improve the efficiency and effectiveness of the organization and execution of government grants through account settlement
  • To improve the management conditions of national research institutes’ through process improvement

Details

  • Inspection on whether NRC and research institutes follow the instructions on budget plans and execution
  • Examination on the items pointed out by the National Assembly, Office of Policy Coordination and the Board of Audit and Inspection (BAI)
  • Periodic monitoring of the rectifications after the account settlement

Schedule

Schedule of Closing account review for the research institutes
Process Details Schedule

External Audit by CPAs

January-February

Deliberation by the Budget and Account Settlement Subcommittee

February

Resolution by the Board of Directors

March

Submitting the account settlement report to the National Assembly and the Board of Audit and Inspection (BAI)

By April 10th

Inspection on the account settlement by the BAI and submitting the account settlement to the National Assembly

By May 31st

Resolution in the plenary session at the National Assembly

Before the regular session of
the National Assembly

Submitting the budget and project plans to the Prime Minister

By December 31st