Polish Financial Law

Abstract

During the last twenty years the Polish Financial Law has significantly changed – especially under the influence of the European Union regulations and the impact of globalisation – incorporating some universal solutions applicable also in many European countries. However, the Polish Financial Law is also characterised by some quite distinctive features, typical only for the Polish legal system. It is the first book presenting Polish financial law in comprehensive way for the English-speaking readers. The aim of this study is to help to understand to the non-Polish language readers the general assumptions as well as the details of the Polish financial law. The author wishes as well that this publication was helpful to representatives of scientific world to conduct their comparative legal researches on public finances institutions incorporating to them the Polish solutions. This book presents the major issues of Polish financial law in six chapters. The first one presents legal sources and branches of financial law, as well as the basis definitions. The next two chapters present the institution of state and local budget (the basis definitions, the budget process as well as the relations of annual budgetary planning with the multiannual programming of public finances). The fourth chapter discusses the institution of the performance budget as an instrument of efficiency and efficacy improvement of public tasks realisation. The fifth chapter puts under discussion the questions of public finances control in Poland, both the internal one (the preliminary control realised by chief accountant, the management control and the internal audit) and the external one (executed by the Supreme Audit Office and the Regional Chambers of Auditors). Finally, the last chapter discusses public finance discipline violation liability. The legal situation presented in the book is valid for the 1st June