Financial Performance Management

+ Funding for implementing staff training programs;

+ Funding for performing tasks ordered by competent state agencies (investigation, planning, survey, other tasks);

+ Funding for performing extraordinary tasks assigned by competent authorities;

+ Funding for implementing the policy of streamlining payroll according to the regime prescribed by the State (if any);

+ Capital for basic construction investment, equipment purchase expenses, major repairs of fixed assets serving career activities according to projects approved by competent authorities within the scope of the annual assigned budget;

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+ Counterpart capital to implement projects with foreign capital approved by competent authorities...

However, with the policy of innovation to enhance financial autonomy for cadre training facilities, the proportion of revenue from the state budget in cadre training facilities will tend to decrease gradually to reduce the burden on the state budget.

The funds provided by the State budget are managed according to the provisions of the State Budget Law from the stage of budget preparation to budget execution and budget settlement. The funds provided by the State budget for cadre training facilities are allocated by the State to cover activities at cadre training facilities to bring common benefits to society.

Second, for revenue from career activities

Career revenue is a financial source outside the state budget, which is the revenue that the State allows cadre training facilities to directly mobilize to ensure financial resources for the facilities themselves, not having to pay into the state budget but being used to perform their tasks but must comply with the State's unified regulations on financial management. Including revenues:

Revenues from fees and charges are retained, the determination of the level of fees and charges retained to ensure service activities is based on documents prescribed by competent authorities (except for the amount of fees and charges retained for purchasing fixed assets and regulations).

other provisions if any).

Service revenue from consulting, technology transfer, production, business and service activities of staff training facilities.

The main sources of this revenue are from service production activities of staff training facilities; from training cooperation; revenue from exploiting facilities such as dormitories, classroom rentals, etc.

Along with the transition to financial autonomy, the proportion of this source of income in staff training facilities tends to increase. This requires staff training facilities to have solutions to organize and exploit these legal sources of income to enhance the financial capacity of their facilities.

Fees and charges at cadre training facilities are two sources of revenue under the management of the State budget. Cadre training facilities must collect these sources according to the law on fees and charges and according to the issued regulations. The State allows cadre training facilities to collect fees and charges according to the framework controlled by the State. This source of revenue is considered as the State budget allocated to be retained according to regulations to supplement the operating budget of cadre training facilities included in the decision to allocate the annual State budget revenue and expenditure estimates. Fees and charges at cadre training facilities must be collected correctly and fully according to the collection level and collection subjects prescribed by the competent State agency.

Third, for other revenues

Other financial resources of staff training facilities include:

Other revenues are made in accordance with the provisions of law.

Investments and sponsorships from domestic and foreign organizations and individuals to develop training activities. Other sponsorships from domestic and foreign organizations and individuals as prescribed by law. These are irregular revenues that cannot be accurately predicted in advance but have the effect of supporting training facilities in the process of performing their tasks.

Other sources such as loans from credit institutions, mobilized capital

activities of cadres and civil servants in training facilities; joint venture and association capital of domestic and foreign organizations and individuals according to the provisions of law.

These sources of revenue will create conditions for training facilities to upgrade facilities, improve the lives of staff to improve the quality of teaching and learning. It also helps promote the dynamism of training facilities in mobilizing financial resources for training activities. With the trend of increasing financial autonomy for training facilities, increasing the exploitation of these capital sources is becoming one of the strategies that plays an important role in improving the quality of training activities. Training facilities are allowed to open bank accounts to carry out the collection and payment transactions of the facility according to regulations. In addition, developing international cooperation to exploit new potentials is becoming an important strategy.

Trends of training facilities for cadres. The State encourages the opening of

Expand and strengthen international relations with prestigious and quality training institutions and scientific research agencies in the world, not only to exchange experiences but also to increase resources for development.

Training facilities need to identify these as sources of revenue that create dynamism and initiative for training facilities. In addition, these are sources of revenue that the State budget does not monitor through the State Treasury. Therefore, mobilizing more of these sources of revenue will give training facilities more initiative in spending, especially in increasing income for staff. Therefore, the goal when determining the revenue level of these sources is to ensure that they are sufficient to cover the costs incurred and have savings.

Revenue management is the process of making decisions and organizing the implementation of decisions on mobilizing financial resources. Revenue management in staff training facilities must meet the following requirements.

Rank

First, it is necessary to ensure adequate mobilization.

financial resources needed to

cover the costs of the facility's operations including training,

scientific research activities and other activities. This is the first and core requirement of revenue management in staff training facilities. To ensure this requirement, the first thing that financial managers must pay attention to is calculating and understanding the funding needs for the facility's operations in the short term as well as in the long term. To do so, financial managers must be allowed to participate in planning, strategies, and operational plans of staff training facilities, on that basis, coordinate with units to calculate funding needs to implement the strategy. The second thing that financial managers must calculate is the ability of the sources that can be mobilized. The financial sources that the training facility

cadre training can

mobilized

depends on factors

like: body

mechanism,

State policies allowing training facilities to mobilize; the ability of financial resources in society to be mobilized and the conditions of training facilities to ensure effective resource mobilization. Therefore, those working in financial management at the facility must consider and calculate these factors to implement mobilization solutions.

Second, it is necessary to strictly implement the policies and collection regimes issued by competent authorities. Mobilizing financial resources for compensation facilities

Staff training is not simply about ensuring financial resources to carry out tasks.

The activities of training facilities for cadres, through the process of mobilizing financial resources of training facilities for cadres, will have an impact on the general financial management of the State. Therefore, although the State currently grants financial autonomy to training facilities for cadres, it still regulates the mobilization of financial resources in training facilities. People who work in financial management in training facilities when making and organizing the implementation of decisions on mobilizing revenue sources must clearly understand the State's regulations. State regulations on mobilizing financial resources for training facilities, including regulations on financial autonomy, are the legal basis for facilitating the mobilization of financial resources for training facilities.

Cadres. Escaping from state regulations, cadre training facilities are both disoriented and in violation of the law.

Third, for training facilities with many sources of income, there must be unified management measures to use the sources of income for the right purposes on the basis of efficiency and economy. To achieve the above requirements, training facilities must use many different measures, including organizing an information system to fully, promptly and continuously monitor the process of calculating revenue sources. To do so, it is necessary to organize a system of documents to record the

revenue, on that basis classify the revenue, record on the system

Maintain accounting records and periodically prepare reports on the mobilization of revenue sources. Along with organizing the exploitation of revenue sources to ensure financial support for operations, training facilities must have a plan to monitor the use of revenue sources for the right purposes to complete assigned tasks on the basis of transparency, economy and efficiency.

1.2.2.2 Expense management content

Financial resources of staff training facilities are used to carry out regular and irregular operating expenses.

Regular expenditure content

Cadre training facilities are allowed to use state budget funds and the unit's career revenue to pay for regular activities.

According to the economic content of expenditures, regular expenditures at cadre training facilities include:

Personal payment:

+ Expenses for staff, lecturers and contract workers such as salaries, wages; bonuses; salary allowances; collective benefits; contributions to social insurance, health insurance, unemployment insurance, union funds according to current regulations; other payments to individuals.

+ Expenses for students such as bonuses; expenses for cultural and sports activities

student sports

Professional expenses: are regular expenses for management and professional activities in training, studying, and scientific research at staff training facilities. Professional expenses include:

+ Payment for public services (electricity, water, gasoline, environmental sanitation), purchase of office supplies, business expenses, conference expenses, rental costs, communication, propaganda, telephone and fax charges, etc. for management and professional work.

+ Expenses for purchasing books, newspapers, magazines, textbooks, teaching materials, reference books, equipment, experimental and practice materials, expenses for lecturers and students to go on internships, field trips, etc.

+ Costs of hiring domestic and foreign experts and lecturers (costs for compiling and lecturing), paying overtime for lecturers of the unit, costs for training and fostering lecturers, etc.

+ Research expenses for basic science and technology topics of cadres and civil servants...

Regular repair and purchase expenses such as: purchase of replacement tools, regular repair of fixed assets serving professional work and maintenance of infrastructure works such as purchase of equipment for teaching and scientific research, repair of classrooms, teaching equipment, etc.

Other regular expenses such as paying principal and interest on loans from domestic and foreign organizations and individuals (if any), using career revenue to contribute to social charity...

Irregular expenditure content

In addition to expenses to meet regular operating expenses, staff training facilities have expenses to carry out non-regular activities and tasks, including:

Branch performs scientific and technological tasks;

Expenditure on implementing national target programs;

Expenses for performing tasks ordered by the State (investigation, planning, survey, other tasks) according to prices or price frames prescribed by the State;

Counterpart capital expenditure for implementing projects with foreign capital sources according to regulations

determine;

Only carry out ad hoc tasks assigned by competent authorities;

The branch implements staff streamlining according to the regime prescribed by the State;

Expenses for basic construction investment, equipment purchase, major repair of fixed assets

implement projects approved by competent authorities;

Expenditure on implementing projects from foreign aid capital;

Expenses for joint ventures, associations and other expenses as prescribed (if any).

One of the important functions of the State Treasury is to manage the State budget's funding sources. The State Treasury has both the right and the responsibility to strictly control all expenditures arising from the State budget and the State budget's revenues. For

training facilities for cadres, the State Treasury controls the expenditure of state budget resources and

revenue from fees and charges

fees. The

staff training facility

must open

account at

The State Treasury is subject to control over the expenditure of these financial resources according to current regulations of State financial management agencies.

Expenditures paid through the State Treasury must be included in the budget estimates approved by the State, in accordance with the regime, policies, norms, standards and have been approved by the heads of the training facilities using the budget funds and are stipulated in the internal spending regulations of the training facilities. The State Treasury is responsible for controlling the records, documents, and spending conditions as requested by the training facilities and implementing timely payment of State budget expenditures in accordance with current financial management regulations.

Expenditures from

source of revenue

other industries are increasingly important in

financial management of staff training facilities. These revenue sources are opened by staff training facilities at banks. Principals of staff training facilities are responsible for controlling expenditures to ensure proper benefits for each activity. At current staff training facilities, these revenue sources help staff training facilities to be more proactive in distributing additional income, improving facilities, harmonizing the interests of learners, staff, and civil servants, and supporting community activities.

Saving on these expenses will increase the accumulation of higher staff training, resulting in effective financial management.

base

A basic requirement for expenditure management in cadre training facilities is to be effective and economical. Resources are always limited but the need for use is unlimited. Career activities take place on a wide and diverse scale.

The variety and complexity of the demand for expenditures leads to rapid growth.

While the ability to mobilize revenue is limited, saving to achieve efficiency in financial management is an extremely important issue. Therefore, calculating how to achieve the lowest cost but still achieve the highest efficiency is the top concern of financial management. To do so, staff training facilities must simultaneously use many different solutions, including organizing a data information system to reflect and promptly record expenditures according to each expenditure content, each expenditure group, expenditure item and regularly organizing analysis, evaluation, summarizing and drawing lessons, on that basis proposing solutions to strengthen expenditure management.

1.2.2.3 Financial performance management

Every year, after covering expenses, paying taxes and other payments as prescribed, the staff training facilities shall determine the difference between revenue and regular expenditure (if any), determined by the following formula:

Difference between income and expenditure

= Revenue from public service and regular state budget activities

Regular operating expenses and expenses

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