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What is the main difference between Public Sector Auditing and Private Sector Auditing?

public sector audit is different from private sector audit


What are the importance of public sector accounting?

what is the importance of public sector accounting


Importance of IPSAS in public sector accounting?

ANSWERS


What do you mean by joint sector explain the importance of joint sector?

Simply stated, the joint sector is a form of partnership between the public sector an the private sector


What is the Importance of public sector banks in India?

Public sector banks are banks that are owned by the government of India. The most important use of public sector banks is the fact that, it is used by the government to dispense the pension amounts for the retired employees of state and central government if India.


What is the relationship of Government accounting and government auditing?

Government accounting and government auditing are closely related functions within the public sector. Government accounting involves the systematic recording and reporting of financial transactions, ensuring that public funds are managed transparently and in accordance with laws and regulations. In contrast, government auditing assesses the accuracy and compliance of these financial reports, evaluating the effectiveness and efficiency of government operations. Together, they promote accountability and transparency in the use of public resources.


Is the police a public sector?

public sector


What is public sector budgeting?

A sector in which the public can budget


What are the importance of accountability IN public sectors?

Accountability is very important in the public sector. All civil servants and employees must be held accountable for their actions, in and out of office.


Why is it necessary for the public sector to exist?

the public sector necessity


What is the importance of accounting in public sector?

Accounting is undoubtedly important in a public sector:Helps in rendering superiority for procuring resourcesSupplies products and services through adherence of the budgetManages public money with accuracy


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.