The conference aims to define the role of public accounting and financial auditing, with a focus on austerity in budgets, and to provide participants with the skill of preparing budgets by learning about the foundations of estimating the budget components of revenues and expenses and the general rules governing preparation and estimation, as well as acquiring the skill of budget classification in light of several foundations for classification, and defining… Participants understood the concept of the performance-oriented budgeting system as an advanced method for preparing the general budget that focuses on achieving goals, then analyzing the basic goals into sub-goals and setting performance rates to measure the extent of progress based on efficiency and effectiveness indicators.