Bachelor's thesis from 2014 in the field of Business Administration - Controlling, grade: 1.7, DIPLOMA University of Applied Sciences Nordhessen; Department of Hanover, course: Bachelor's thesis, language: German, abstract: Building on a new municipal budget regulation, the Conference of Interior Ministers decided in November 2003 to fundamentally reform the budgeting system. The result of this reform was a reorganization of municipal budget law. Based on modern double-entry financial management, the cash-based accounting system was replaced. This comprehensive change in overall structures led to a parallel shift in the requirements for the planning, execution, and control of municipal budgets. The planned objectives of the New Municipal Financial Management include an increase in efficiency and effectiveness as well as greater transparency. In order to implement these guidelines, alongside the...