Public accounting in Spain is the accounting system used by the Spanish public sector that has been subject to the Spanish General Budget Law (LGP).

The Spanish public budget presents the expenses and income of public powers during the year. An expense is any transaction that involves a financial application (use of funds) and a resource (also called income) is any operation that involves the use of a means of financing (source of funds).

Contenido

Pueden expresarse de distintas maneras. Para cumplir con los objetivos de Claridad y Programación que tiene el presupuesto, se elaboran las clasificaciones presupuestarias. Se trata de instrumentos normativos los recursos y gastos de acuerdo a ciertos criterios, cuya estructuración se basa en el establecimiento de aspectos comunes y diferenciados de las operaciones administrativas. Las clasificaciones presupuestarias facilitan la toma de decisiones por parte de las autoridades en todas las etapas del proceso presupuestario.

El grado de agregación de las cuentas públicas se corresponde con los niveles de gestión: el funcionario que administra determinado programa gubernamental precisará trabajar con una mayor segregación que el Ministro. Siguiendo este criterio, existen dos tipos de clasificaciones:.

Classification of public expenses in Spain

The expenditure statements of the public budgets in Spain apply the organic, functional aggregated in programs and economic classifications.

The program structure differentiates finalist programs (with letters A to L) and instrumental and management programs (with letters M to Z).

Classification of public income in Spain

The forecast of income from public budgets in Spain uses the economic classification, distinguishing its origin, that is, whether it is direct or indirect taxes, fees, current or capital transfers, disposal of investments or assets, increase in liabilities, etc.

The economic classification model used in the General State Budgets in Spain is the following: