ministry of strategy and finance republic of...

Ministry of Strategy and Finance Ministry of Strategy and Finance Ministry of Strategy and Finance Ministry of Strategy and Finance Republic of KoreaRepublic of KoreaRepublic of KoreaRepublic of Korea

2222

I. Introduction

II. System Features

III. Fiscal Environment of Korea

IV. Components and Functions

V. Operation and Maintenance

VI. Future Plans

CONTENTS

3333

IntroductionI

4444

1. System1. System conceptconcept

Title : Digital Budget & Accounting SystemTitle : Digital Budget & Accounting System

Integrated Fiscal Information System designed to systemically maIntegrated Fiscal Information System designed to systemically maIntegrated Fiscal Information System designed to systemically maIntegrated Fiscal Information System designed to systemically maIntegrated Fiscal Information System designed to systemically maIntegrated Fiscal Information System designed to systemically maIntegrated Fiscal Information System designed to systemically maIntegrated Fiscal Information System designed to systemically manage nage nage nage nage nage nage nage

whole national fiscal cyclewhole national fiscal cyclewhole national fiscal cyclewhole national fiscal cyclewhole national fiscal cyclewhole national fiscal cyclewhole national fiscal cyclewhole national fiscal cycle

I. IntroductionI. Introduction

Deals with all fiscal activities of central government from budget formation,execution, treasury management(revenue/expenditure) to accounting and settlement

Reflects Program Budget system and accrual-based / double-entry book keeping accounting

Connects fiscal information among central and local governments, related public agencies.

Abbreviation : DBAS (DDDDigital BBBBudget & AAAAccounting SSSSystem)

Slogan : dBrain (digital Core Staff that helps operate fiscal activities)

5555

① Improve inefficiency of fiscal management system focused on controlling inputs

Annual budget oriented → Mid-term fiscal plan

Divided by each Account and Fund → Consolidated fiscal operation

National Fiscal Management Plan(NFMP), Top-down Budgeting

Strategic allocation of resources, Sustainable fiscal management

Input and Control oriented → Result and Performance oriented

Program Budgeting, accrual based accounting, performance management

Fully utilizing feedbacks of fiscal data

Fiscal management framework based on performance

(Introducing the idea of management and competition(Introducing the idea of management and competition

to national finance)to national finance)

2. Background2. BackgroundI. IntroductionI. Introduction

6666

② Establishing Integrated Fiscal Information System

Integration of formerly separated Accounting(Treasury) and Budget system

Asset&Inventory Mgmt, Credit&Debt Mgmt systems included in the systemIntegrated Database with Local Government systems, Bank of Korea, Financial Clearing institute, Tax&Customs system, Procurement system, other Financial systems already established before DBAS

Integrated Fiscal Information

Business between Central and Local government

Integrated Financial Information

Central Finance

DBASDBAS

I. IntroductionI. Introduction(Continued)(Continued)

Central Financial Information

DBASDBAS

7777

3. History3. History

Decision made to establish integrated fiscal information system Decision made to establish integrated fiscal information system Decision made to establish integrated fiscal information system Decision made to establish integrated fiscal information system in thein thein thein the

National Agenda Meeting presided by the PresidentNational Agenda Meeting presided by the PresidentNational Agenda Meeting presided by the PresidentNational Agenda Meeting presided by the President

Set up Business Strategic Plan(BSP)Set up Business Strategic Plan(BSP)Set up Business Strategic Plan(BSP)Set up Business Strategic Plan(BSP)

Performed Business Process RePerformed Business Process RePerformed Business Process RePerformed Business Process Re----engineering(BPR)engineering(BPR)engineering(BPR)engineering(BPR)

Established Information Strategic Plan(ISP)Established Information Strategic Plan(ISP)Established Information Strategic Plan(ISP)Established Information Strategic Plan(ISP)

Developed the system & conducted test operationDeveloped the system & conducted test operationDeveloped the system & conducted test operationDeveloped the system & conducted test operation

Launched the systemLaunched the systemLaunched the systemLaunched the system

I. IntroductionI. Introduction

8888

System FeaturesIIIIIIII

9999

Connects whole phases of national(central) fiscal activities - From Budget formation, execution, Treasury management, Revenue & Payment,

Asset & Inventory Management to Accounting

Integrated fiscal information

- Integrates central government (including affiliated agencies and local offices), local government systems, local education systems, and other external systems.

1. Integrated National Fiscal Information System

Local Gov. Local Gov. Local Gov. Local Gov. FinanceFinanceFinanceFinance

Local Educational Local Educational Local Educational Local Educational

FinanceFinanceFinanceFinance

ExternalExternalExternalExternalSystemsSystemsSystemsSystems

Linked with Linked with Linked with Linked with InterfaceInterfaceInterfaceInterface

Linked with Linked with Linked with Linked with InterfaceInterfaceInterfaceInterface

Integration financeIntegration financeIntegration financeIntegration financeIntegration financeIntegration financeIntegration financeIntegration financeinformationinformationinformationinformationinformationinformationinformationinformation

Central financeCentral finance

II. System FeaturesII. System Features

Line MinistriesLine MinistriesLine MinistriesLine MinistriesSubordinateSubordinateSubordinateSubordinate

OrganizationsOrganizationsOrganizationsOrganizations

Central Businesses Central Businesses Central Businesses Central Businesses

performed by Local performed by Local performed by Local performed by Local

GovernmentsGovernmentsGovernmentsGovernments

Direct AccessDirect AccessDirect AccessDirect Access

Local OfficesLocal OfficesLocal OfficesLocal Offices

Central FinanceCentral FinanceCentral FinanceCentral Finance

Integrated Fiscal DataIntegrated Fiscal DataIntegrated Fiscal DataIntegrated Fiscal Data

1. Integration1. Integration

10101010

What is FMIS? What is FMIS?

June 2010 Trends in Design & Implementation of FMIS

FMIS: FMIS: FMIS: FMIS: F = B + T (+ O)F = B + T (+ O)F = B + T (+ O)F = B + T (+ O)

Treasury SystemTreasury SystemTreasury SystemTreasury System(Budget Execution)(Budget Execution)(Budget Execution)(Budget Execution)

Policy Development Policy Development Policy Development Policy Development

and Reviewand Reviewand Reviewand Review

Budget Budget Budget Budget PreparationPreparationPreparationPreparation

Public Public Public Public InvestmentsInvestmentsInvestmentsInvestments

Asset / Inventory Asset / Inventory Asset / Inventory Asset / Inventory MgmtMgmtMgmtMgmt

Procurement/Procurement/Procurement/Procurement/PurchasingPurchasingPurchasingPurchasing

Mgmt of Budget Mgmt of Budget Mgmt of Budget Mgmt of Budget AuthorizationsAuthorizationsAuthorizationsAuthorizations

Commitment of Commitment of Commitment of Commitment of FundsFundsFundsFunds

Payments and Payments and Payments and Payments and Receipts MgmtReceipts MgmtReceipts MgmtReceipts Mgmt

CashCashCashCashManagementManagementManagementManagement

Debt and Aid Debt and Aid Debt and Aid Debt and Aid ManagementManagementManagementManagement

Fiscal Reports & Fiscal Reports & Fiscal Reports & Fiscal Reports & Budget ReviewBudget ReviewBudget ReviewBudget Review

Audit and Audit and Audit and Audit and EvaluationEvaluationEvaluationEvaluation

Payroll CalcsPayroll CalcsPayroll CalcsPayroll CalcsHR MgmtHR MgmtHR MgmtHR Mgmt

PublishingPublishingPublishingPublishingWeb PortalWeb PortalWeb PortalWeb Portal

Tax and Tax and Tax and Tax and CustomsCustomsCustomsCustoms

BBBBBBBB

OOOOOOOO

OOOOOOOO

TTTTTTTT

(Continued)(Continued)

11111111

※ Integrated National Fiscal Information System

Classification Function DBAS unit systems

B

Budget Preparation Budget Mgmt

Public Investment Project Mgmt (Investment plan)

Budget Mgmt. (National Fiscal Management Plan)

T

Mgmt of Budget Authorizations Budget Mgmt.(Allocatio n)

Commitment of Funds Payment and EFT(Electronic Funds Transfer)

Payments and Receipts Management

Revenue and EBPP(Electronic Bill Presentment and Pa yment) system

/Payment Mgmt.

Cash Management Fund Mgmt.

Fiscal reports and Budget Review

Accounting/Settlement Mgmt.

Project Mgmt., Statistics Analysis Sys.

O

Procurement &Purchasing Linking Sys.(with e-Procurem ent system)

Tax & Customs Linking Sys.(with Tax&Customs system)

Asset/ Inventory Management Asset/ Inventory Mgmt.Payroll Calculation &

HR managementLinking Sys.

Debt & Aid management Credit&Debt Mgmt.

Audit & Evaluation Linking Sys.(with e-Audit system)

Web Publishing Home page

Comparison table of Reference model VS DBASComparison table of Reference model VS DBAS(Continued)(Continued)

* Mgmt : Management, Sys : System

12121212

fiscal planfiscal planBudget Budget

managementmanagement

fundfund--assetasset--debt debt managementmanagement

Accounting and Accounting and

settlementsettlement

Budget

request

Budget

(confirm/

modification)

Expenditure,

purchasing

request

Expenditure,

purchasing

result

Performance Management

Cost

info

Budget

info

Journalizing info Cost

info

Performance Performance ManagementManagement(Afterwards)(Afterwards)

2. Based on Project management system

Connecting every level of fiscal works in real time such as : Connecting every level of fiscal works in real time such as : Connecting every level of fiscal works in real time such as : Connecting every level of fiscal works in real time such as : budget formation and budget formation and budget formation and budget formation and

execution, fundexecution, fundexecution, fundexecution, fund----assetassetassetasset----debt management, accounting and settlement, etc.debt management, accounting and settlement, etc.debt management, accounting and settlement, etc.debt management, accounting and settlement, etc.

Every fiscal activities are connected with Project Management sEvery fiscal activities are connected with Project Management sEvery fiscal activities are connected with Project Management sEvery fiscal activities are connected with Project Management systemystemystemystem

Project Management SystemProject Management System

II. System FeaturesII. System Features2. Project Management2. Project Management

13131313

Can easily respond to changing systems and business processes

Can swiftly modify and rectify existing functions

Lower cost for additional development and maintenance

Convenient user support

3. Locally Developed Software(LDSW)

Reflected Korea’s fiscal environment such as finance systems and business processes

Directly planned and developed the system in accordance with standards for system

development methodology

- by performing BSP, BPR, ISP in order

II. System FeaturesII. System Features3. LDSW3. LDSW

14141414

According to WB study on its 87 funded FMIS projects(51 countries), COTS method tends to be more expensive than LDSW method.

4. LDSW vs. COTS

LDSW(Locally Developed SoftWare)LDSW(Locally Developed SoftWare)LDSW(Locally Developed SoftWare)LDSW(Locally Developed SoftWare) : software that is initially developed during

the course of establishing the country’s FMIS.

COTS(Commercial OffCOTS(Commercial OffCOTS(Commercial OffCOTS(Commercial Off----the Shelf)the Shelf)the Shelf)the Shelf) : computer software or hardware as a finished goods

which could sell, lease, or transfer qualifies

II. System FeaturesII. System Features4. LDSW vs. COTS4. LDSW vs. COTS

However, the figures should be interpreted with cautionshould be interpreted with cautionshould be interpreted with cautionshould be interpreted with caution

- LDSW cost may be understated due to in-house nature of development

15151515

Fiscal Environment of KoreaFiscal Environment of KoreaFiscal Environment of KoreaFiscal Environment of KoreaIIIIIIIIIIII

16161616

1. Country Brief

III. III. Fiscal Environment of KoreaFiscal Environment of Korea1. Country Brief1. Country Brief

CHINACHINACHINACHINASeoul : MoSF (DBAS)Seoul : MoSF (DBAS)Seoul : MoSF (DBAS)Seoul : MoSF (DBAS)

REPUBLIC OF KOREAREPUBLIC OF KOREAREPUBLIC OF KOREAREPUBLIC OF KOREA

Daejeon : NCIA (main system)Daejeon : NCIA (main system)Daejeon : NCIA (main system)Daejeon : NCIA (main system)* NCIA : National Computing &

Informatization Agency

JAPANJAPANJAPANJAPAN

1.1.1.1. Population: 49 millionPopulation: 49 millionPopulation: 49 millionPopulation: 49 million2.2.2.2. 6 Metropolitan cities (over 1mil people), 9 Provinces, 234 citie6 Metropolitan cities (over 1mil people), 9 Provinces, 234 citie6 Metropolitan cities (over 1mil people), 9 Provinces, 234 citie6 Metropolitan cities (over 1mil people), 9 Provinces, 234 cities and countiess and countiess and countiess and counties3.3.3.3. Capital : Seoul (10mil)Capital : Seoul (10mil)Capital : Seoul (10mil)Capital : Seoul (10mil)4.4.4.4. GDP : US$ 1,014 billionGDP : US$ 1,014 billionGDP : US$ 1,014 billionGDP : US$ 1,014 billion5.5.5.5. Per capita GNI : US$ 20,759 (2010)Per capita GNI : US$ 20,759 (2010)Per capita GNI : US$ 20,759 (2010)Per capita GNI : US$ 20,759 (2010)

Kwangju : NCIA (backup system)Kwangju : NCIA (backup system)Kwangju : NCIA (backup system)Kwangju : NCIA (backup system)

17171717

2. Government Organization

III. III. Fiscal Environment of KoreaFiscal Environment of Korea2. Gov. Organization2. Gov. Organization

PresidentPresidentPresidentPresidentNationalNationalNationalNational

AssemblyAssemblyAssemblyAssembly

Board of Audit Board of Audit Board of Audit Board of Audit

and Inspectionand Inspectionand Inspectionand Inspection

Bank of KoreaBank of KoreaBank of KoreaBank of Korea

Prime MinisterPrime MinisterPrime MinisterPrime Minister

Ministry of Defense Ministry of Defense Ministry of Defense Ministry of Defense

(MoD)(MoD)(MoD)(MoD)

Ministry of Ministry of Ministry of Ministry of

Strategy and Strategy and Strategy and Strategy and

Finance Finance Finance Finance

(MoSF)(MoSF)(MoSF)(MoSF)

Ministry of Public Ministry of Public Ministry of Public Ministry of Public

Admisnistration and Admisnistration and Admisnistration and Admisnistration and

Security (MoPAS)Security (MoPAS)Security (MoPAS)Security (MoPAS)

Ministry of Ministry of Ministry of Ministry of

EducationEducationEducationEducation

(MoEST)(MoEST)(MoEST)(MoEST)

National National National National

Computing & Computing & Computing & Computing &

Information Information Information Information

Agency Agency Agency Agency

(NCIA)(NCIA)(NCIA)(NCIA)

Local Local Local Local

Government Government Government Government

Financial Financial Financial Financial

SystemSystemSystemSystem

DBASDBASDBASDBAS

NationalNationalNationalNational

TaxTaxTaxTax

ServiceServiceServiceService

CustomsCustomsCustomsCustoms


StatisticsStatisticsStatisticsStatistics


ProcurementProcurementProcurementProcurement

OfficeOfficeOfficeOffice

Local Local Local Local

EducationEducationEducationEducation

FinancialFinancialFinancialFinancial

SystemSystemSystemSystem

18181818

Accounting·Settlement institution

- Budget accounting(Cash basis) – Budget Settlement

- Financial accounting(Accrual basis) – Financial Settlement

3. Budget and Accounting system

Fiscal Year : January 1 ~ December 31

Budget institution

- National Fiscal Management Plan

- Program Budgeting

- Top-down Budgeting system

III. III. Fiscal Environment of KoreaFiscal Environment of Korea3. Budget&Accounting3. Budget&Accounting

4444. Fiscal Operation Calendar of Korea

III. Fiscal Environment of KoreaIII. Fiscal Environment of Korea

� Inform the limit of expenditure, guideline of budget formation → Request and Adjustment → Submit budget proposal to The National Assembly → Budget deliberation and resolution

BudgetBudgetBudgetBudget

Accounting &Accounting &Accounting &Accounting &

SettlementSettlementSettlementSettlement

NationalNationalNationalNationalAssemblyAssemblyAssemblyAssembly

[last year]

Dec Feb Apr Jun 2nd. Oct 2nd. Dec

Inform the

guideline

of

setting

5 year plan

Inform the

guideline

of

setting

5 year plan

Submit

5 year plan

for

each

Projects

to MoSF

Submit

5 year plan

for

each

Projects

to MoSF

Notify Budget ceiling and Guideline

for Budget

formation to each

line ministries

Notify Budget ceiling and Guideline

for Budget

formation to each

line ministries

Mar May

Budget

Request

from

Line Ministries

to

MoSF

Budget

Request

from

Line Ministries

to

MoSF

Sep

Prepare

Government

Budget

Request

Prepare

Government

Budget

Request

Submit

Government

Budget

Request

to National

Assembly

Submit

Government

Budget

Request

to National

Assembly

Submit

Line

Ministries’

Settlement

to

MoSF

Submit

Line

Ministries’

Settlement

to

MoSF

Prepare

Gov.

Settlement

Prepare

Gov.

Settlement

SettlementReview

by Board

ofAudit &

Inspection

SettlementReview

by Board

ofAudit &

Inspection

Submit

Gov.

Settlement

Report

to

National

Assembly

Submit

Gov.

Settlement

Report

to

National

Assembly

Settlement Review

by National

Assembly

Settlement Review

by National

Assembly

Preliminary

Review

of

Settlement

Preliminary

Review

of

Settlement

Preliminary

Review

of

Budget

Preliminary

Review

of

Budget

Confirm

Budget

Confirm

Budget

4. Fiscal Calendar4. Fiscal Calendar

20202020

Central Gov.(items): General Account(1), Special Account(18), Public Fund(64)

National Tax Revenue

187.6 trn won (60%)

Public Funds Revenue102.3 trn won (32%)

Non-tax revenue 24.5 trn won (8%)

Welfare86.4 trn won (28%)

Education41.2 trn won (13%)

Others92.9 trn won (30%)

National Defense31.4 trn won ( 10%)

Economy 57.2 trn won (19%)

Revenue: 314.4 trn won Expenditure: 309.1 trn won(Welfare 〉Economy 〉Education)

Public finance of central government (FY2011)

III. Fiscal Environment of KoreaIII. Fiscal Environment of Korea5. Fiscal Structure5. Fiscal Structure

5555. Fiscal Structure

21212121

Gross Revenue(Budget+Fund) is expected to grow at 7.2% (2011~2015)

’11 ’12 ’13 ’14 ’15

212.1 234.5 259.4 273.9 286.8314.4 344.1 375.7 395.8 415.3

102.2 109.6 116.3 121.9 128.5Budget

Fund

(trillon won)

yoy 7.2%

III. Fiscal Environment of KoreaIII. Fiscal Environment of Korea

Gross Expenditure is expected to grow at 4.8%(2011~2015년)

-> 2.4% lower than the growth rate of Gross Revenue

’11 ’12 ’13 ’14 ’15

216.3 227.0 239.1 248.9 260.0

309.1 326.1 341.9 357.5373.1

92.7 99.1 102.9 108.6 113.1

Budget

Fund

(Trillion Won) yoy 4.8%

6. Mid Term Fiscal Plan6. Mid Term Fiscal Plan6666. Mid-Term Fiscal Plan

22222222

Consolidate Fiscal Balance(Adjusted) is expected to reach balance in 2013

National Debt is targeted at 27.9% on GDP, in 2015

448.2

National debt

(trillion won)percentageagainst GDP

460.0 466.4 471.6

32.8 31.3 29.6 27.9

’12 ’13 ’14 ’15

35.1

’11

435.5

’12 ’13

0.2

’14

3.1

’15’11

∆∆∆∆25.0

5.3

∆∆∆∆14.3∆∆∆∆2.0

0.30.20.0∆∆∆∆1.0

Fiscal Balance(trillion won)

percentageagainst GDP

III. Fiscal Environment of KoreaIII. Fiscal Environment of Korea7. Glance at Mid Term Fiscal Status7. Glance at Mid Term Fiscal Status

<Fiscal Balance><Fiscal Balance><Fiscal Balance><Fiscal Balance> <National Debt><National Debt><National Debt><National Debt>

23232323

Components and FunctionsIVIVIVIV

24242424

Board of Audit & Board of Audit & Board of Audit & Board of Audit & InspectionInspectionInspectionInspection Local education financeLocal education financeLocal education financeLocal education finance

Public enterprises/ Public enterprises/ Public enterprises/ Public enterprises/ GovGovGovGov’’’’tttt----Affiliated Affiliated Affiliated Affiliated

agenciesagenciesagenciesagencies

FinancialFinancialFinancialFinancialinstitutionsinstitutionsinstitutionsinstitutions

OLAPOLAPOLAPOLAPOLAPOLAPOLAPOLAP EISEISEISEISEISEISEISEIS

DMDMDMDM


DWDWDWDW

TreasuryTreasuryTreasuryTreasury

AssetAssetAssetAsset

LiabilityLiabilityLiabilityLiability

AccountingAccountingAccountingAccounting

DBAS EDWDBAS EDWDBAS EDWDBAS EDWDBAS EDWDBAS EDWDBAS EDWDBAS EDW

Budget

Accounting

Program

data

GFSGFSGFSGFSGFS

Approximately 21 sub-systems (Project Management/ Budget/Accounting/Statistical Analysis, etc) and

external interface system.

1.Outlay of Composition1.Outlay of CompositionIV. Components and FunctionsIV. Components and Functions

Integrated Fiscal InformationIntegrated Fiscal InformationIntegrated Fiscal InformationIntegrated Fiscal InformationIntegrated Fiscal InformationIntegrated Fiscal InformationIntegrated Fiscal InformationIntegrated Fiscal Information

Work Support Work Support Work Support Work Support Work Support Work Support Work Support Work Support SystemSystemSystemSystemSystemSystemSystemSystem

Fiscal Statistics Analysis SystemFiscal Statistics Analysis SystemFiscal Statistics Analysis SystemFiscal Statistics Analysis SystemFiscal Statistics Analysis SystemFiscal Statistics Analysis SystemFiscal Statistics Analysis SystemFiscal Statistics Analysis SystemUnit Business Management SystemUnit Business Management SystemUnit Business Management SystemUnit Business Management SystemUnit Business Management SystemUnit Business Management SystemUnit Business Management SystemUnit Business Management System

Fiscal I/F SystemFiscal I/F SystemFiscal I/F SystemFiscal I/F SystemFiscal I/F SystemFiscal I/F SystemFiscal I/F SystemFiscal I/F System

Local governmentLocal governmentLocal governmentLocal governmentfinancefinancefinancefinance

Asset & Credit, Debt MgtAsset & Credit, Debt MgtAsset & Credit, Debt MgtAsset & Credit, Debt MgtAsset & Credit, Debt MgtAsset & Credit, Debt MgtAsset & Credit, Debt MgtAsset & Credit, Debt Mgt

Treasury MgtTreasury MgtTreasury MgtTreasury MgtTreasury MgtTreasury MgtTreasury MgtTreasury Mgt

Budget MgtBudget MgtBudget MgtBudget MgtBudget MgtBudget MgtBudget MgtBudget Mgt

Accounting MgtAccounting MgtAccounting MgtAccounting MgtAccounting MgtAccounting MgtAccounting MgtAccounting Mgt

Electronic Bill and Electronic Bill and Electronic Bill and Electronic Bill and Electronic Bill and Electronic Bill and Electronic Bill and Electronic Bill and PaymentPaymentPaymentPaymentPaymentPaymentPaymentPayment

EBPP

EFT

Budget FormationFiscal Plan

ExpenditureRevenue Treasury

Inventory

Debt

Credit(bond)

Property

CostSettlement Meta DataMeta DataMeta DataMeta DataMeta DataMeta DataMeta DataMeta Data

Project MgtProject MgtProject MgtProject MgtProject MgtProject MgtProject MgtProject Mgt

Monitoring

Execution

Government Finance Government Finance Government Finance Government Finance Government Finance Government Finance Government Finance Government Finance StatisticsStatisticsStatisticsStatisticsStatisticsStatisticsStatisticsStatistics

GFSM ‘01

GFSM ‘86

25252525

<Interface with External systems>

DBAS connects with related systems to integrate financial informations

Autonomous Local GovAutonomous Local GovAutonomous Local GovAutonomous Local Gov, Separate fiscal systems, Collection(tax&customs) Org., Financi, Separate fiscal systems, Collection(tax&customs) Org., Financi, Separate fiscal systems, Collection(tax&customs) Org., Financi, Separate fiscal systems, Collection(tax&customs) Org., Financial Network,al Network,al Network,al Network, Etc.Etc.Etc.Etc.

Housing Fund

Pension FundCredit guarantee

Fund

Employment

Insurance

Agencies with own systems

Ministry of DefenseDefense Financial Information

System

Ministry of Knowledge

EconomyManagement Information

System

Bulk collection Agencies

Bank of Korea

Financial Network

Ntl. Property

Korea Asset Mng.

Corportaion

G2B

Public procurement

E-Inspection

Board of Audit and Inspection

Banks

Financial

Telecommunications &

Clearings

Ntl. Tax Service

Customs Service

Police Agency

Local Gov. system

Local Gov. Finance

Local Gov. EducationKorea Forest Service

Central Financial Information System

IV. Components and FunctionsIV. Components and Functions(Continued)(Continued)

26262626

Portal through which all the Ministries, Subordinate Organizations and their Local offices access dBrain

How to setup dBrain and trouble shoooting

Guideline for preparing 2010 Settlement

Report

[budget] Manual for Subsidy to Local

Governments

[budget] Manual for execution of subsidy for

private sector

ArchivesArchivesArchivesArchives

UserUserUserUser ManualManualManualManual

BoardBoardBoardBoard CommunityCommunityCommunityCommunity MonitoringMonitoringMonitoringMonitoring InquiryInquiryInquiryInquiry Cyber EducationCyber EducationCyber EducationCyber EducationTOTOTOTO----DODODODO

5. Schedule for Digital Budget & Accounting System-users regular training in 2011

4.Official execution records of subsidy for local government & public organization

late July, 2011

Shortcut to NAFIS

Shortcut to FIMSYS

Shortcut to for Digital Budget &

Accounting System website

Shortcut to Ministry of Strategy

and Finance

Shortcut to dBrain BCP

Shortcut to Public Procurement

Service(G2B)

Shortcut to Ministry of Government

Legislation

7 Methods to prevent from Zombie-PC

urgent service for system malfunction

02-6908-8680

Operation hours/ Weekend/Holiday

Request for approval Information

In Process

my page | my information | preference | Help Desk | logoutmy page | my information | preference | Help Desk | logoutmy page | my information | preference | Help Desk | logoutmy page | my information | preference | Help Desk | logout

Search Users

0 case 0 caseWaiting

NoticeNoticeNoticeNotice

FAQFAQFAQFAQ

<Web- Portal>


27272727

[To Do] -> Access to each Unit system

Sector

fiscal year

unit program

Ministry

Project

Fund plan

Revenue

Expenditure

National propertyInventoriesProcurement

Accounts settlement

Favorites list setting

Investment program

Budget execution

Budget formation

Program management

My Favorites

In progress

progressprogressprogressprogress Project management

Budgetformation

Budget execution

Investment FundPlan

Payrolls

-------[ menu]--------

Treasury management

Fund Surplus management

Foreign borrowing

Loan

Domestic borrowing

Public Fund Operation

Treasury status

Revenue

Expenditure

National Asset

Inventory

Procurement (contract)

Credit

Debt

Accounting & Settlement

Cost

Government Financial Statistics

EBPP (Electronic Bill)

EFT (Electronic Funds Transfer)

Statistical analysis

Electronic Approval

Authorization and Offices

Base (Key) information

Template

[ menu]

FavoriteFavoriteFavoriteFavorite

YearMinistry of

Strategy and Finance

Project enrollment

field

My workMy workMy workMy work

<Web- Portal>


28282828

Management of registration, operation and termination of Projects

Manage Projects-Investment Plan

-Budget Formation and

Execution

-Asset management

-Accounting and

Settlement

Monitoring Program Information

2. Project Management2. Project Management

1111

2222

3333

Project management system portalProject management system portalProject management system portalProject management system portalProject management system portalProject management system portalProject management system portalProject management system portal

Manage Life-Cycle of fiscal project from register, formation, allocation, expenditure, management of its assets anddebts, to termination of the project

사업 모니터링

Unit systemsUnit systems

Budget,Budget,

Treasury,Treasury,

Asset,Asset,

Debt.Debt.

Accounting Accounting

System,System,

etc.etc.

Request

ProgramProgram

Basic InfoBasic InfoBudgetBudget TreasuryTreasury

DebtDebt SettlementSettlement AssetAssetApproval

BudgetBudget Creditl,DebtCreditl,Debt

TreasuryTreasury

CostCostAssetAsset

SettlementSettlement

Project Monitoring

Project Mgt SystemProject Mgt SystemProject Mgt SystemProject Mgt SystemProject Mgt SystemProject Mgt SystemProject Mgt SystemProject Mgt System

CostCost

Lifecycle

management

Lifecycle Lifecycle

managementmanagement

Register projectRegister project

TerminationTermination

PerformancePerformance

IV. Components and FunctionsIV. Components and Functions

29292929

1. Project enrollment and closure

User project enrollment project Closure

OfficeMinistry

CFO

project

Manager

projectReview / Approve

project Register

request

Unit Program

Manager


request


projectClose

request


request

projectManagement

IV. Components and FunctionsIV. Components and Functions2. Project Management2. Project Management

2. Project Management Portal

Classfication User Budget Request Expenditure Request Purchase Request

Fiscal WorkingSystem

(Budget,Expenditure, Procurement

Etc. )

Project Management

Portal

experienced officer

For Project

1 2 3

Search Project Detail &

Related Information

Moving Budget Request

in My-Menu

ProcessingIn Budget System

MonitoringBudget

Formation Information

Request

Enrollmentdocument of

budget request

Moving Expenditure Request

In My-Menu

ProcessingIn Expenditure

System

MonitoringExpenditure

Situation Information

Request

EnrollmentDocument of expenditure

request

MovingPurchase Request

in My-Menu

ProcessingIn Procurement

System

MonitoringProcurement/

Contract Information

Request

Enrollmet document of

purchase request


Related Information


Related Information


3. Project Management – Project Basic Info Monitoring (Example)

2

3

6

4

5

1


4. Preliminary Feasibility Study

partition User Project Selection

Ministry of

strategy and

Finance

OfficeMinistry

Preliminary

Feasibility

Officer

CFO

project

manager

Project SurveyReview / SubmitProject Survey

Review / Submit

Register Project Survey

Register Project Survey

Project Survey Request

Project Survey Request

Project surveySelection

Project surveySelection

SearchSelection Result

SearchSelection Result

Search Selection Result

Search Selection Result

Request

KDIKDIRequest offline


5. Total Project Cost Management

User Discussive Coordination Self control Change

Setting for Self Control Limit Amount

Ministry of

Strategy and

Finance

Line Ministry

Total Project

Manager

Project Manager

Investment

Project

Officer

CFO

Request Limit Setting

for Self Control Change

Review Limit Setting /Confirm

Discussion Request

Review the Discussion

Request/submit

Accept

Conciliation/Notification

submit

Receipt

Review

request

Self Control Change

Review/Confirm

Self Control

Change

Registration

Review

request

Review

request

1

2 3


Establishing midEstablishing midEstablishing midEstablishing mid----term term term term

fiscal planfiscal planfiscal planfiscal plan---- National FiscalNational FiscalNational FiscalNational FiscalManagement PlanManagement PlanManagement PlanManagement Plan

Yearly Budget Yearly Budget Yearly Budget Yearly Budget

FormationFormationFormationFormation

Budget allocation, Budget allocation, Budget allocation, Budget allocation, executionexecutionexecutionexecution-Periodic allocation :Periodic allocation :Periodic allocation :Periodic allocation :

quaterlyquaterlyquaterlyquaterly

-Occasional allocationOccasional allocationOccasional allocationOccasional allocation

Budget Budget Budget Budget execution execution execution execution

& & & & allocationallocationallocationallocation

Budget Budget Budget Budget Budget Budget Budget Budget execution execution execution execution execution execution execution execution

& & & & & & & & allocationallocationallocationallocationallocationallocationallocationallocation

---- 13 13 13 13 ----

Budget Management SystemBudget Management SystemBudget Management SystemBudget Management SystemBudget Management SystemBudget Management SystemBudget Management SystemBudget Management System

Establishing mid-term fiscal plan by budget management system

Formulation and management of yearly budget

Budget SystemBudget SystemBudget SystemBudget SystemBudget SystemBudget SystemBudget SystemBudget System 1111

2222

3333

Fiscal planFiscal planFiscal planFiscal planFiscal planFiscal planFiscal planFiscal planFiscal planFiscal planFiscal planFiscal plan


FormulationFormulationFormulationFormulation

BudgetBudgetBudgetBudgetBudgetBudgetBudgetBudget

FormulationFormulationFormulationFormulationFormulationFormulationFormulationFormulation

분야분야분야분야

Budget Budget

allocationallocation

ProgramProgramProgramProgram

Unit ProgramUnit Program Unit ProgramUnit Program

ProjectProject ProjectProject

FieldField

SectorSector SectorSector

16 Fields16 Fields16 Fields16 Fields

69 Sectors69 Sectors69 Sectors69 Sectors

3. Budget Management System3. Budget Management System

- Gov. Budget Request


35353535

Line ministry can make a plan for annual budget formation within its ceiling which is decided

on the basis of the scheduled amount for midterm fiscal plan.

The ceiling of budget information which is a part of midterm fiscal plan is used for reference

when requesting the annual budget.

Detail information of projectDetail information of projectDetail information of projectDetail information of project

project

Planned 2009

2010 Transportation Facilities Special Accounts /Yu-Su Harbor(New)/ Harbor Account / Major & General Harbor Construction/General Harbor

Construction

Modified 2009 request 2010 proposal 2010 confirmed 2010

Fiscal/Account project info. mid Term Forecastmid Term Forecastmid Term Forecastmid Term Forecast Documents

Fiscal/Account Amount Remark

Search Excel Close

Save Add Del

IV. Components and FunctionsIV. Components and Functions3. Budget Management System3. Budget Management System

36363636

Transfer payment resultTransfer payment resultTransfer payment resultTransfer payment result

transfer payment result transfer payment result transfer payment result transfer payment result

send notice infosend notice infosend notice infosend notice infotransfer payment resulttransfer payment resulttransfer payment resulttransfer payment result

transfer payment (daily)transfer payment (daily)transfer payment (daily)transfer payment (daily)

PayerPayerPayerPayerPayerPayerPayerPayer

****EBPP : Electronic Bill Presentment & PaymentEBPP : Electronic Bill Presentment & PaymentEBPP : Electronic Bill Presentment & PaymentEBPP : Electronic Bill Presentment & Payment

Collecting agency notifies payer, and transfers summary information of notice to dBrain system.

Payer pays tax by Internet Banking or visiting banks, etc.

Commercial bank checks and receives noticed payment, and sends results to dBrain through EBPP system

4.Revenue/EBPP4.Revenue/EBPP

send notice infosend notice infosend notice infosend notice info

Bank Of KoreaBank Of KoreaBank Of KoreaBank Of KoreaBank Of KoreaBank Of KoreaBank Of KoreaBank Of Korea

noticenoticenoticenotice

paymentpaymentpaymentpayment(Internet Banking,(Internet Banking,(Internet Banking,(Internet Banking,ATM , etc.)ATM , etc.)ATM , etc.)ATM , etc.)

MoSFMoSFMoSFMoSF

CollectionCollectionCollectionCollectionOfficerOfficerOfficerOfficer


37373737

5. Payment / EFT 5. Payment / EFT

Requests

payment

Request TransferTransfers/ Withdrawals

approval of expense

Request

Transfer

Transfer result

• EFT : Electronic Funds TransferEFT : Electronic Funds TransferEFT : Electronic Funds TransferEFT : Electronic Funds Transfer

Creditor requests payment for service or goods by internet

Government internally approves the expense, and demands the Bank of Korea to transfer funds tocreditor’s account

Bank of Korea sends the fund-transfer result to dBrain in real-time

Transfer result

Transfer result

(SMS message)

Transfer result


38383838

Registry

Management

Registry

Management

ComprehensiveComprehensiveComprehensiveComprehensiveComprehensiveComprehensiveComprehensiveComprehensive

planplanplanplanplanplanplanplan

Operation and Operation and Operation and Operation and Operation and Operation and Operation and Operation and

ManagementManagementManagementManagementManagementManagementManagementManagement

-------- by planby planby planby planby planby planby planby plan

Registry Registry Registry Registry Registry Registry Registry Registry

managementmanagementmanagementmanagementmanagementmanagementmanagementmanagement

---- 13 13 13 13 ----

Asset management systemAsset management system

Function : Comprehensive asset plan, asset management, operatioFunction : Comprehensive asset plan, asset management, operatioFunction : Comprehensive asset plan, asset management, operatioFunction : Comprehensive asset plan, asset management, operation, registry managementn, registry managementn, registry managementn, registry management

Linked with other sub systems or external systems : Revenue / ExLinked with other sub systems or external systems : Revenue / ExLinked with other sub systems or external systems : Revenue / ExLinked with other sub systems or external systems : Revenue / Expenditure, G2B, Onbid systempenditure, G2B, Onbid systempenditure, G2B, Onbid systempenditure, G2B, Onbid system

Management and operationManagement and operation1111

2222

3333

Comprehensive

plan

Comprehensive

plan

6. Asset Management

Acquisition Conversion

Disposal

Monitoring

Operation

Preservation

of rights

Survey


39393939

7.Accounting/ settlement7.Accounting/ settlementAutomatic journalizing and management of overall section report

Two-track Settlement : Budget settlement and Finance settlement

Same Accounting software used by all spending units

Accrual basis of accountingAccrual basis of accountingAccrual basis of accountingAccrual basis of accountingAccrual basis of accountingAccrual basis of accountingAccrual basis of accountingAccrual basis of accounting

Two-track settlement

Record on Accounting Books in real-time

Automatic journalizingAccrual basisAccrual basisAccrual basisAccrual basisAccrual basisAccrual basisAccrual basisAccrual basis

General LedgerGeneral LedgerList of Revenue andList of Revenue and

ExpenditureExpenditure

Budget Settlement Finance settlement

Cash basis of accounting

• Collection

• Approval of expenditure

• Acquisiton of assets

• disposal of assets

：

transaction

Automatic jounalizing moduleAutomatic jounalizing moduleCash payment

NonNon--cash transactioncash transactionCash transactionCash transaction

1

2

3

• reserve fund

• depreciation

：

• Change assets

• Transfer assets

：

Settlement modification

Fluctuation of assets and debt

• Budget SettlementBudget SettlementBudget SettlementBudget Settlement---- Program SettlementProgram SettlementProgram SettlementProgram Settlement---- Attached specificationsAttached specificationsAttached specificationsAttached specifications

•••• Financial SettlementFinancial SettlementFinancial SettlementFinancial Settlement

---- Statement of Fiscal Operation Statement of Fiscal Operation Statement of Fiscal Operation Statement of Fiscal Operation

---- Statement of Fiscal StatusStatement of Fiscal StatusStatement of Fiscal StatusStatement of Fiscal Status

---- NotesNotesNotesNotes

---- Required Supplementary Info. Required Supplementary Info. Required Supplementary Info. Required Supplementary Info.

---- Attached specificationsAttached specificationsAttached specificationsAttached specifications

• Budget SettlementBudget SettlementBudget SettlementBudget Settlement---- Program SettlementProgram SettlementProgram SettlementProgram Settlement---- Attached specificationsAttached specificationsAttached specificationsAttached specifications

•••• Financial SettlementFinancial SettlementFinancial SettlementFinancial Settlement

---- Statement of Fiscal Operation Statement of Fiscal Operation Statement of Fiscal Operation Statement of Fiscal Operation

---- Statement of Fiscal StatusStatement of Fiscal StatusStatement of Fiscal StatusStatement of Fiscal Status

---- NotesNotesNotesNotes

---- Required Supplementary Info. Required Supplementary Info. Required Supplementary Info. Required Supplementary Info.

---- Attached specificationsAttached specificationsAttached specificationsAttached specifications

---- Revenue/Expenditure bookRevenue/Expenditure bookRevenue/Expenditure bookRevenue/Expenditure book- Journal Journal Journal Journal ---- General LedgerGeneral LedgerGeneral LedgerGeneral Ledger---- Subsidiary Ledger by Info. ItemsSubsidiary Ledger by Info. ItemsSubsidiary Ledger by Info. ItemsSubsidiary Ledger by Info. Items---- Trial and BalanceTrial and BalanceTrial and BalanceTrial and Balance

---- Revenue/Expenditure bookRevenue/Expenditure bookRevenue/Expenditure bookRevenue/Expenditure book- Journal Journal Journal Journal ---- General LedgerGeneral LedgerGeneral LedgerGeneral Ledger---- Subsidiary Ledger by Info. ItemsSubsidiary Ledger by Info. ItemsSubsidiary Ledger by Info. ItemsSubsidiary Ledger by Info. Items---- Trial and BalanceTrial and BalanceTrial and BalanceTrial and Balance


40404040

Automatic classification and allocation of costs

Cost infoCost infoCost infoCost info Program infoProgram infoProgram infoProgram infoClassify transactions costClassify transactions costClassify transactions costClassify transactions costClassify transactions costClassify transactions costClassify transactions costClassify transactions cost

informations in real timeinformations in real timeinformations in real timeinformations in real timeinformations in real timeinformations in real timeinformations in real timeinformations in real time

Allocating indirect costsAllocating indirect costsAllocating indirect costsAllocating indirect costsAllocating indirect costsAllocating indirect costsAllocating indirect costsAllocating indirect costs

according to rulesaccording to rulesaccording to rulesaccording to rulesaccording to rulesaccording to rulesaccording to rulesaccording to rules

-------- direct cost, personnell direct cost, personnell direct cost, personnell direct cost, personnell direct cost, personnell direct cost, personnell direct cost, personnell direct cost, personnell

expenses, area, etc.expenses, area, etc.expenses, area, etc.expenses, area, etc.expenses, area, etc.expenses, area, etc.expenses, area, etc.expenses, area, etc.

TransactionTransaction

Aggregation

of Rev/Cost

Aggregation

of Rev/Cost

Allocation of

Indirect costs

Allocation of

Indirect costs

Cost

calculation

Cost

calculation

Allocation for Allocation for Allocation for Allocation for Indirect costsIndirect costsIndirect costsIndirect costs

RevenueRevenueRevenueRevenue

Cost Allocation ruleCost Allocation rule

DirectDirectDirectDirectCost Cost Cost Cost FromFromFromFrom

ProgramProgramProgramProgram

Inderect Inderect Inderect Inderect CostCostCostCost

Common Common Common Common costcostcostcost

Common CostCommon CostCommon CostCommon CostProgram Net CostProgram Net CostProgram Net CostProgram Net Cost

CostCostCostCost

Common RevenueCommon RevenueCommon RevenueCommon Revenue

Support various types ofSupport various types ofSupport various types ofSupport various types ofSupport various types ofSupport various types ofSupport various types ofSupport various types of

reports reports reports reports reports reports reports reports -------- by projectsby projectsby projectsby projectsby projectsby projectsby projectsby projects

Automatic

Classification

Common Common Common Common

RevenueRevenueRevenueRevenue

DirectDirectDirectDirectRevenueRevenueRevenueRevenue

fromfromfromfromProgramProgramProgramProgram


41414141

Linkage

systemPerformance management systemSystem user

Project management• Ministry of Strategy

and Finance

• Performance

Management Officer

• Management of criteria for self evalutaion

• Management of self evaluation

• Review the Evaluation results

• Follow up measures for evaluation results

Autonomous Evaluation

• Management of status of In-depth evaluation

• Follow up measures of evaluation results

In-depth Evaluation

• Search performance results and status

• Monitoring(Dashboard) Main projects

Performance monitoring

NTISMinistry of Defense

External

Connection

• Management of list of contents

• Structure of performance goals

• Performance plan for unit program(project)

• Performance plan for program

• Management of performance plan

• Review and Confirm Performance plan

Management of performance plan

• Management of list of contents

• Performance report for Unit program(project)

• Performance report for Program

• Management of performance report

• Review and confirm a Performance Report

Managemant of performance report Budget management

Account management

[Each

ministry]

(CFO)

• Program manager

• Unit program manager

• Project manager

Cost management

8. Performance Mgm. System8. Performance Mgm. System8. Performance Mgm. System8. Performance Mgm. SystemIV. Components and FunctionsIV. Components and Functions

42424242

� Performance goal managementPerformance goal managementPerformance goal managementPerformance goal management

� For each fiscal project, Performance goal is set during budget formation[PerformancePerformancePerformancePerformance PlanPlanPlanPlan] and the

results are evaluated at the settlement stage[performance reportperformance reportperformance reportperformance report]

� Performance plan is attached to budget proposal, while performance report is attached to

government settlement report, both of which are submitted to the National Assembly.

� Autonomous EvaluationAutonomous EvaluationAutonomous EvaluationAutonomous Evaluation

� Every project goes under overhaul every 3 years in order to overhaul the performance indicators,

relevancy of them, and whether the projects has attained the goals.

� CFOs in each ministry conduct autonomous evaluation and then MoSF reviews the result

→ Evaluation results are reflected in the next year’s budget amount

� InInInIn----depth evaluationdepth evaluationdepth evaluationdepth evaluation

� Fiscal projects that have had issues during operation are bound to In-depth evaluation

: issues aroused by National Assembly, BAI and the Public.

� Performance result is used for improvement of the project as well as next year’s budget formation

(Continued) (Continued) (Continued) (Continued) IV. Components and FunctionsIV. Components and Functions

43434343

9. Statistical Analysis9. Statistical Analysis

homepagehomepagehomepagehomepagehomepagehomepagehomepagehomepage

Fiscal Statistical Analysis SystemFiscal Statistical Analysis SystemFiscal Statistical Analysis SystemFiscal Statistical Analysis SystemFiscal Statistical Analysis SystemFiscal Statistical Analysis SystemFiscal Statistical Analysis SystemFiscal Statistical Analysis System

OLAP EIS

extract

Conversion

and Refining

Load

Integrate finance

EIS Martbudget accounting

dBrain data

External data

Manually input data

Fiscal

information

Affiliated organization/ public enterprise

local government education

finance information system

local governmentfinance system

local

Fiscal information

Summary

informationLocal education

Fiscal information

link link link

Central financial information sys

settlement

fund

budget Project management revenue expenditure

assets and Inventory procurement

credit debt

DW

Data Mart

dBraindBraindBraindBraindBraindBraindBraindBrain

External statistics

extracts // Change // Extract, Transform, Load


Cost

44444444

VVVV Operation & MaintenanceOperation & MaintenanceOperation & MaintenanceOperation & Maintenance

45454545

V. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and Maintenance1. Organization Chart1. Organization Chart1. Organization Chart1. Organization Chart

National National National National

propertypropertypropertyproperty

/Item/Item/Item/Item

AccountingAccountingAccountingAccounting

settlementsettlementsettlementsettlement

OperationOperationOperationOperation

CenterCenterCenterCenter

Daejeon Daejeon Daejeon Daejeon


Gwangju Gwangju Gwangju Gwangju


Revenue /Revenue /Revenue /Revenue /

CreditCreditCreditCredit

Fund/DebtFund/DebtFund/DebtFund/Debt

StandardStandardStandardStandard

informationinformationinformationinformation

Contract Contract Contract Contract

managementmanagementmanagementmanagement

Budget & Statistical Budget & Statistical Budget & Statistical Budget & Statistical

Analysis teamAnalysis teamAnalysis teamAnalysis teamAccounting Accounting Accounting Accounting

teamteamteamteam

Technical Technical Technical Technical

Architecture teamArchitecture teamArchitecture teamArchitecture team

EBPP/EFT EBPP/EFT EBPP/EFT EBPP/EFT

Operating Operating Operating Operating

Mgmt. teamMgmt. teamMgmt. teamMgmt. team

ProjectProjectProjectProject

managementmanagementmanagementmanagement

User Help User Help User Help User Help

DeskDeskDeskDesk

Budget FormationBudget FormationBudget FormationBudget Formation

Budget AllocationBudget AllocationBudget AllocationBudget Allocation

Statistical AnalysisStatistical AnalysisStatistical AnalysisStatistical Analysis

ExpenditureExpenditureExpenditureExpenditure

Project ManagementProject ManagementProject ManagementProject Management

Expenditure & Project Expenditure & Project Expenditure & Project Expenditure & Project

Mgmt. teamMgmt. teamMgmt. teamMgmt. team

Fiscal Management and Fiscal Management and Fiscal Management and Fiscal Management and Coordination DivisionCoordination DivisionCoordination DivisionCoordination Division

Fiscal Management BureauFiscal Management BureauFiscal Management BureauFiscal Management BureauFiscal Management BureauFiscal Management BureauFiscal Management BureauFiscal Management Bureau

SAMSUNG SDS Consortium with LG CNSSAMSUNG SDS Consortium with LG CNSSAMSUNG SDS Consortium with LG CNSSAMSUNG SDS Consortium with LG CNS

Fiscal Execution Fiscal Execution Fiscal Execution Fiscal Execution Management Division Management Division Management Division Management Division

Government Accounting &Government Accounting &Government Accounting &Government Accounting &Reporting DivisionReporting DivisionReporting DivisionReporting Division

Fiscal Information Fiscal Information Fiscal Information Fiscal Information System Division System Division System Division System Division

Government FinancialGovernment FinancialGovernment FinancialGovernment FinancialAccounting DivisionAccounting DivisionAccounting DivisionAccounting Division

46464646

V. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and Maintenance2. Operation Center2. Operation Center2. Operation Center2. Operation Center

Operation Center : 15 subOperation Center : 15 subOperation Center : 15 subOperation Center : 15 sub----teams that takes care of respective unit systemsteams that takes care of respective unit systemsteams that takes care of respective unit systemsteams that takes care of respective unit systems

47474747


Call Center : 30 staffs receiving questions and providing troublCall Center : 30 staffs receiving questions and providing troublCall Center : 30 staffs receiving questions and providing troublCall Center : 30 staffs receiving questions and providing troubleeee----shootingshootingshootingshooting

48484848


Training Center : 35 computers for trainingTraining Center : 35 computers for trainingTraining Center : 35 computers for trainingTraining Center : 35 computers for training

49494949

자금·자산·부채관리 회계·결산성과관리

(추후)

User organizations and Users User organizations and Users User organizations and Users User organizations and Users

Organization User Authorized Role Function

Line Ministries

(including

Subordinate

Organizations)

Officers in charge of Fiscal

operations : Budget, Treasury, Accounting , etc.

CFO,Project Manager,Collection officer,Financial officer,

Disbursement officer,Accounting officer,Asset Manager,etc.

Budget, Revenue · Payment, Cash · Asset · Debt,

Accounting · Settlement

Public

Agencies

Personnel Entrusted with

Central Gov. business

Collection officer, Financial officer,

Disbursement officer,Asset Manager

Revenue · Payment, Asset

Local Govs.

Officers

Entrusted with

Central Gov. business

Collection officer, Financial officer,

Disbursement officer,Asset Manager

Revenue · Payment,

Asset

V. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and Maintenance2. Users 2. Users 2. Users 2. Users

50505050

Number of users : 58,302

- budget : 11,345

- project management : 49,233

- revenue, expenditure : 38,257

- asset, inventory : 38,966

Transactions processed(2010)

- 300,000 transactions by 14,000 users per day

- payment about 4.6 trillion won(4.3 billion dollar) on a daily basis

Support for users(2010)

- user support center : 1,257 calls/day

- Web Portal Q&A board : 101 answers/day

※ level of user satisfaction : 52.6 point(2008) → 55.9 (2009) → 62.4 (2010)

V. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and Maintenance

etc

13.81%

budget

7.10%

expenditure

Revenue

23.93%

project management

30.79%

Asset & inventory

24.37%

(Continued)(Continued)

100% of100% of100% of100% ofBudget & Accounting Budget & Accounting Budget & Accounting Budget & Accounting

officersofficersofficersofficers

51515151

Main Fiscal Information from centralized database

Class Cycle

Revenue Status Daily, Monthly, Yearly

Expenditure Status Daily, Monthly, Yearly

National Asset Status Daily, Monthly, Yearly

National Credit Status Daily, Monthly, Yearly

Debt Status Daily, Monthly, Yearly

Integrated Fiscal Balance Report Monthly, Yearly

Gov Settlement Yearly

V. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and Maintenance3. Fiscal reports3. Fiscal reports3. Fiscal reports3. Fiscal reports

52525252

Main Fiscal Management Framework

Mechanism Management

Fiscal Risk Management Committee

Minister level committee to control fiscal risks

Fiscal Management ReviewThrough Fiscal Management Review, the government ca n assure

the regular and timely execution of government proj ects

* 5800 main projects from total 8000 projects

V. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and MaintenanceV. Operation and Maintenance4. Fiscal Management4. Fiscal Management4. Fiscal Management4. Fiscal Management

Fiscal PollicyFiscal PollicyFiscal PollicyFiscal Pollicy

BureauBureauBureauBureau


OfficeOfficeOfficeOffice

TreasuryTreasuryTreasuryTreasury


Public Public Public Public

PolicyPolicyPolicyPolicy


FiscalFiscalFiscalFiscal

ManagementManagementManagementManagement


DBASDBASDBASDBAS

Vice Minister 2Vice Minister 2Vice Minister 2Vice Minister 2

Minister ofMinister ofMinister ofMinister of

Strategy and FinanceStrategy and FinanceStrategy and FinanceStrategy and Finance

Fiscal Risk Management Fiscal Risk Management Fiscal Risk Management Fiscal Risk Management

CommitteeCommitteeCommitteeCommittee

Fiscal Management Fiscal Management Fiscal Management Fiscal Management

ReviewReviewReviewReview

53535353

Future PlansVIVIVIVI

54545454

VI. Future PlanVI. Future Plan

Improve analysis system and forecasting(2011~)

- Data Mining, Simulation, etc.

Improve cost management system

- ABC(Activity Based Cost) management

1. Future Plans1. Future Plans1. Future Plans1. Future Plans

55555555