Frame of reference of the governmental public accounting: diagnosis of the plans compliance of fiscal consolidation, financial reconstruction and accounting regulations of the prioritized municipalities by the Department of Antioquia

Abstract

For the Colombian Government some municipalities have been inefficient managing, evaluating, and controlling its public finances and fiscal performance; for this reason, this article presents the importance about structuring, strengthening, fiscal consolidation and financial reconstruction of municipalities of the Department of Antioquia. The present investigation has the purpose to make a diagnosis of the factors that affect the fiscal performance in the municipalities of Antioquia, especially Corcorná. Such fiscal performance goes against the governmental processes; affecting significantly social investment. Thus, this article evaluates the risk that some municipalities of Antioquia run of lose the category for its underperforming in the management of the public purse, considering that they are leaving out the optimization and maximization of the resources and public heritage, debilitating the stability of the public finances as a tool for management.