Accrual accounting

Accrual accounting or accrual-based accounting is an accounting method that records revenues and expenditures when they are incurred, regardless of when cash is received. (batenlastenstelsel)


Conducting an official examination of an individual’s or organization’s accounts.  

Audit report

Report made by the auditor at the completion of the audit work or research. (onderzoeksrapport)

Audit scope

The extent and boundaries of an audit, or in other words the who, what, where and when of an investigation. (omvang van het onderzoek)

Cash accounting

System where cash payments or receipts are recorded at the times these payments or receipts occur. (kasstelsel)

Compliance audit

A comprehensive review of an organization’s adherence to regulatory guidelines. (rechtmatigheidsonderzoek)

Confidential functions

Functions in government or  elsewhere on St. Maarten, which have the potential of  harming national security. (vertrouwensfuncties)

Development Policy Operations (DPO)

Development Policy Operations (DPOs) for Sint Maarten are budget support operations designed to strengthen public financial management, improve social insurance sustainability, and support fiscal resilience.


The degree to which objectives are achieved based on measuring actual effect compared to the intended effect. (doelmatigheid)


The minimum resources used to achieve or produce a desired result. (doeltreffendheid)

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