Tuesday, June 22, 2010

UK Budget - United Kingdom Budget 2010

London - The United Kingdom budget deals with HM Treasury budgeting the revenues gathered by Her Majesty's Revenue and Customs and expenditures of public sector departments, in compliance with government policy.

In 2006 the "Big Four" firms of international auditors plus Grant Thornton and BDO recommended ("Global Capital Markets and the Global Economy") public and private enterprises report performance and financial statements in real-time on the web. These measures would correct the under pricing of risk, for example, which according to Gordon Brown underlies the present credit market problem. The Metaphorum group recommend the use of Stafford Beer's Viable System Model for the real-time management architecture producing a risk aware "work smart, work less" culture and better value Public Services and investment.

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