authority for expenditure

简明释义

支用款项的权力

英英释义

A formal permission or approval granted to an individual or organization to spend a specified amount of money for a particular purpose.

授予个人或组织在特定目的下支出一定金额的正式许可或批准。

例句

1.The finance department requires all departments to submit requests for authority for expenditure 支出授权 quarterly.

财务部门要求所有部门每季度提交支出授权申请。

2.Without authority for expenditure 支出授权, the project cannot move forward.

没有支出授权,项目无法推进。

3.The committee reviewed the proposal and granted authority for expenditure 支出授权 for the upcoming event.

委员会审查了提案,并批准了即将举行的活动的支出授权

4.The manager needs to obtain authority for expenditure 支出授权 before purchasing new office equipment.

经理在购买新办公设备之前需要获得支出授权

5.Before any travel can be booked, employees must secure authority for expenditure 支出授权 from their supervisors.

在预订任何旅行之前,员工必须从其主管那里获得支出授权

作文

In any organization, managing finances effectively is crucial for achieving long-term success. One of the key concepts in financial management is the authority for expenditure, which refers to the formal permission granted to individuals or departments to spend money on behalf of the organization. This authority ensures that expenditures are made in alignment with the organization's budget and strategic goals. Without a clear understanding of authority for expenditure, organizations may face financial mismanagement, leading to overspending or misallocation of resources.The concept of authority for expenditure is particularly important in larger organizations where multiple departments may be involved in spending decisions. Each department typically has a designated budget, and the authority for expenditure allows managers to make purchases or incur costs within that budget. This delegation of authority helps streamline the decision-making process and empowers managers to respond quickly to operational needs.However, it is essential for organizations to establish clear guidelines regarding authority for expenditure. These guidelines should outline who has the authority to approve expenditures, the limits of that authority, and the procedures for requesting additional funds if necessary. By doing so, organizations can prevent unauthorized spending and ensure that all expenditures are justified and documented.Another critical aspect of authority for expenditure is accountability. When individuals are given the authority to spend, they must also be held accountable for their decisions. This accountability can be enforced through regular financial reporting and audits, ensuring that expenditures align with the organization's overall financial health. By fostering a culture of accountability, organizations can enhance trust among stakeholders and promote responsible financial management.In summary, the authority for expenditure plays a vital role in the financial management of an organization. It provides a framework for making spending decisions while ensuring that those decisions are aligned with the organization's objectives. By establishing clear guidelines and promoting accountability, organizations can effectively manage their resources and achieve their goals. Understanding the implications of authority for expenditure is essential for anyone involved in financial management, as it lays the foundation for sound fiscal practices and long-term organizational success.

在任何组织中,有效管理财务对于实现长期成功至关重要。财务管理中的一个关键概念是支出授权,它指的是授予个人或部门代表组织花费资金的正式权限。这种授权确保支出与组织的预算和战略目标相一致。如果没有对支出授权的清晰理解,组织可能会面临财务管理不善的问题,导致超支或资源错误分配。支出授权的概念在较大组织中特别重要,因为多个部门可能参与支出决策。每个部门通常都有指定的预算,而支出授权允许经理在该预算内进行采购或产生费用。这种权力的委派有助于简化决策过程,使经理能够迅速响应运营需求。然而,组织必须建立关于支出授权的明确指南。这些指南应概述谁有权批准支出、该权力的限制以及如有必要请求额外资金的程序。通过这样做,组织可以防止未经授权的支出,并确保所有支出都是合理且有据可依的。支出授权的另一个关键方面是问责制。当个人被赋予支出权力时,他们也必须对自己的决策负责。这种问责制可以通过定期财务报告和审计来实施,确保支出与组织的整体财务健康相一致。通过培养问责制文化,组织可以增强利益相关者之间的信任,促进负责任的财务管理。总之,支出授权在组织的财务管理中发挥着至关重要的作用。它为支出决策提供了框架,同时确保这些决策与组织的目标一致。通过建立明确的指南并促进问责,组织可以有效管理其资源,实现其目标。理解支出授权的影响对于任何参与财务管理的人来说都是至关重要的,因为它为健全的财政实践和长期组织成功奠定了基础。

相关单词

authority

authority详解:怎么读、什么意思、用法

expenditure

expenditure详解:怎么读、什么意思、用法