Swedish National Financial Management Authority

The Swedish National Financial Management Authority (Swedish: Ekonomistyrningsverket) is a central administrative government agency in Sweden responsible for economic financial management, analyses and economic forecasting for central government agencies. The entity operates under the Ministry of Finance. The agency consists of seven departments:

Performance and Financial Management
Effective Administrative Support
Accounting Principles and Internal Auditing
Central Government Accounting
Analysis and Forecasts
Coordination of IT System Hermes
Audit of EU structural funds^[1]

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Purpose

The main purpose of the agency is to economically organize government spending and obtain savings.^[1]

Operational concept

The agency's financial management is committed to ensuring:

Effective controls in central government finances
Resource allocation in accordance with political priorities
High levels of productivity and efficiency
Being government's expert in performance and financial management
Being responsible for good accounting practices in central government
Possessing unique knowledge of central government finances
Offering cost-efficient administrative support systems
Working at all levels in central government
Working in close cooperation with the government offices and agencies
Working internationally
Monitoring external developments continuously and to participate in major networks
Expertise in all aspects of financial management
Having a comprehensive overview of the financial management field^[2]

References

External links

The Swedish National Financial Management Authority

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This page was last edited on 29 October 2022, at 16:32

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