Accrual accounting
Accrual accounting or accrual-based accounting is an accounting method that records revenues and expenditures when they are incurred, regardless of when cash is received. (batenlastenstelsel)
03Sep
03Aug
Audit
Conducting an official examination of an individual's or organization's accounts.
03Sep
Audit report
Report made by the auditor at the completion of the audit work or research. (onderzoeksrapport)
04Sep
Audit scope
The extent and boundaries of an audit, or in other words the who, what, where and when of an investigation. (omvang van het onderzoek)
03Sep
Cash accounting
System where cash payments or receipts are recorded at the times these payments or receipts occur. (kasstelsel)
04Sep
Compliance audit
A comprehensive review of an organization's adherence to regulatory guidelines. (rechtmatigheidsonderzoek)
20Aug
Confidential functions
Functions in government or elsewhere on St. Maarten, which have the potential of harming national security. (vertrouwensfuncties)
24Aug
Development Policy Operations (DPO)
Development Policy Operations (DPOs) for Sint Maarten are budget support operations designed to strengthen public financial management, improve social insurance sustainability, and support fiscal resilience.
04Sep
Effectiveness
The degree to which objectives are achieved based on measuring actual effect compared to the intended effect. (doelmatigheid)
04Sep
Efficiency
The minimum resources used to achieve or produce a desired result. (doeltreffendheid)