Advantages and disadvantages of single and double budgets

1, the definition of a single budget and double budget

Single budget: is the traditional form of budgeting, it is in the budget year, all the income and go unified in a total budget, and no longer according to the nature of the various types of financial revenues and expenditures are budgeted separately.

Compound budget: refers to the national financial revenue and expenditure plan through more than two forms to reflect a form of budget, it can reflect the flow of financial budget funds and flow, but also comprehensively reflect the nature of funds and revenue and expenditure structure.

2, the advantages and disadvantages of single and double budget: single budget is a form of budget in which all revenues and expenditures are listed in a unified balance sheet. Single budget advantages of the form of complete, unified, simple. Disadvantages: single-type budget has not been able to adapt to the increasingly expanding content of financial revenue and expenditure, and the requirement to be able to accommodate a variety of revenue and expenditure items of the new form of the budget. Compound budget is the financial revenue and expenditure in accordance with the nature of gender, were compiled into two or more than two funds balance sheet, the formation of independent of each other relative separation of two or more than two budget plan form. The double-type budget has a certain degree of scientific nature, and has a positive meaning in improving the budget management. Compound budget also has its shortcomings, compound budget breaks the integrity of the budget, the overall reflection of the function is relatively weak, the preparation of the difficulty, the need for a higher level of budget management.