21.37 Intheareaofbudgetary controls, research willbecarried outinselected countries ontheapproaches andtechniques usedincontrolling public expenditures, tobefollowed byseminars andworkshops, inwhichthefindings willbe disseminated. 21.38Finally, technical co-operation activities willbecarried out,including advisory services, andtraining andfieldprojects. SUBPROGRAMME 5.IMPROVING PUBLIC SECTOR FINANCIAL MANAGEMENT (a)Objectives 21.39 Thelegislative authority forthepresent subprogramme derives fromEconomic andSocial Council resolutions 1985/10, paragraph 6(d)and1987/92; andEconomic andSocial Council decision 1989/114, paragraph (b)(i). 21.40 Financial management inmanydeveloping countries suffers frominadequate systems andprocesses andlackoftrained staff. Accounting andauditing systems indeveloping countries arenotwell-developed todealwiththe~ncreasing burden andcomplexity ofgovernmental activities. Similarly, thefinancing andmanaging ofalargepublicenterprise sector hascreated anincreasing financial and management burden ontheGovernments ofdeveloping countries. Significant reforms andimprovements inthesekeyareasareessential toprovide asustainable basis forgoodfinancial management indeveloping countries. -10- Digitized by Dag Hammarskjöld Library21.41 Thespecific objectives ofthesubprogramme aretofoster improvements of: (a)Government accounting andauditing systems; (b)Performance ofpublicenterprises; (c)Government financial management inselected leastdeveloped countries. (b)Course ofaction oftheSecretariat 21.42 Operational research andfollow-up training willbeundertaken:~ ~(a)Intheareaofpublicfinancial manageme~t, an,developing comprehensive ,",1)••~p••.•. •action programmes forsomeselected leastdeveloped c~untr1es onanexperimental basis; (b)Intheareaofaccounting andauditing, oncomputerized accounting and auditsystems; (c)Intheareaofpublicenterprise, onthecentral monitoring system for public enterprises, onmeasures forperformance improvements andguidelines onthe rationalization ofthepublic enterprise sector; technical co-operation activities, including advisory services, training andfieldprojects willalsobecarried out. -11- Digitized by Dag Hammarskjöld Library