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Standards of consistency, quality, information sharing between Accountants, and transparency in reporting are the base objectives of public sectors accounting.

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Leann Raynor

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โˆ™ 2021-08-19 20:38:15
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Q: What are the objectives of public sector accounting?
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Related questions

What are the importance of public sector accounting?

what is the importance of public sector accounting


Differences between public sector accounting and private sector accounting?

The difference between public sector and private sector is that when you're in the public sector you work for the government whereas private sector is not. Same applies to accounting.


What is the important of public sector accounting?

Explain why it's important to study public sector accounting.


What is the purpose of public sector accounting?

The purpose of a public sector is to give service to the customers


Definition of public sector accounting?

devinition


What is the difference between public sector accounting as opposed private sector accounting?

1. The private sector accounting prepared accrual basis but public sector Accounting prepared cash basis. 2. The public sector account fixed assets treated expense but Private sector account fixed assets treated capital. 3. The public sector account analysis report Public but private sector account analysis report not public. 4. The public sector account fixed assets not calculated depreciation but private sector account fixed assets depreciation calculated.


What are the objectives of a public sector business?

to make money


Importance of IPSAS in public sector accounting?

ANSWERS


What are the objectives of public sectors accounting?

Standards of consistency, quality, information sharing between accountants, and transparency in reporting are the base objectives of public sectors accounting.


What is the international public sector accounting standards board IPSASB?

no


Advantages and disadvantages of commitment basis of accounting in public sector?

Yes


What is expenditure warrant in public sector accounting?

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