Fundamentals of Financial Operations in the Military Organisation

Public financial resources are constituted at the level of the state budget and are used and allocated to institutions for the general interests of the community in accordance with national legislation. Their optimal use requires the application of appropriate financial management, which in concrete terms is the science and art of conducting operations for the full use of financial resources to efficiently achieve the proposed objectives. Thus, financial management starts with the organization of financial planning, through forecasting, and is completed by the execution of the allocated budget. The coordination of public financial resources leads to the achievement of financial discipline, as well as to the obligation to respect the legality and conformity of public expenditure regulations applicable to the military organisation.