Goals provide a sense of direction and purpose for the budgeting process. In short, goals in practical budgeting serve as a guiding force, influencing resource allocation, performance measurement, and decision making.

In-depth discussion of ethics will be covered in this assignment, along with strategies for preventing fraud and corruption and real-world examples from the public sector. It will go into detail about public sector ethics, changes in public sector ethics, the pathology of fraud and corruption, and strategies for dealing with unethical public sector practices. Additionally, it will give instances of ethics and professionalism in municipal finance.

This assignment will evaluate, critically analyse and apply information gathered to discuss the purpose and public benefits of public money.

This assignment will describe the process through which a state's taxing and spending authority is divided among its several levels of government, taking into account their respective mandates and responsibilities.