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Public Financial Management (PFM) laws in Ghana encompass a framework of regulations and guidelines governing the management of public funds to ensure transparency, accountability, and efficiency in the use of public resources. Key legislation includes the Public Financial Management Act, 2016 (Act 921), which outlines the roles of various institutions, budget preparation processes, and financial reporting requirements. These laws aim to enhance fiscal discipline and promote good governance in the public sector. Additionally, they facilitate oversight by institutions like the Auditor-General and Parliament to ensure compliance and accountability.
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What do public law disclosures do?
Public disclosure laws allow the public to access to previously secret information. An example of a public disclosure is financial information of those involved in a legal case.
What are the sources and classification of Ghana law?
i want to know the classifications f laws in ghana
What are the workmen's compensation laws in Ghana?
history of workmen compensation
Issues and problems in Philippine public administration?
Philippine governance is actually public administration in action. If you mean Public Administration as a university course of study, several colleges and universities in the Philippines offer a Bachelor degree in Public Administration, a Masters degree in Public Administration, or a Masters degree of Management in Public Management.
What are the key applications of INTERAC software, in the context of public accounting?
INTERAC offers several applications relevant to public accounting, including: Financial Management: Public accounting firms can utilize INTERAC to manage their own financial accounts and budgets efficiently. This includes tracking expenses, income, and financial reporting. Client Accounting Services: INTERAC allows public accountants to provide client services such as bookkeeping, financial analysis, and financial reporting, thereby enhancing client relationships and offering added value. Taxation Services: With tax-specific features, INTERAC can streamline the preparation and filing of tax returns for clients, ensuring accuracy and compliance with tax laws. Audit and Assurance: The suite can be used for audit and assurance services, including data analysis, financial statement preparation, and compliance checks. Business Analytics: INTERAC's analytical tools help public accountants gain insights into their clients' financial data, enabling more informed decision-making and advisory services.
Why is public administration not interchangeable with business management?
A. in terms of management perspective, Public administration focuses on government management while whereas business management focuses on the management of corporate organizations and on the general management of private sector companies B. in term of service operations, Public administration is dedicated to provide services to all Public/ political communities (government, non-‐government and private Organizations). Business management on the other hand, renders duties for private market forces. c. In terms of goals and evaluation criteria, Public administration is concerned with providing services that may not all the time produce Profit. On the other hand, the bottom line for Business management is profitability, market performance and survival. D. In terms of structure and commitment of workers, public administrators are less motivated for personal and economic gains while, business managers have stronger personal and economic interest (Boyne, 2002, p. 112) E. In terms of management flexibility, public administration has a narrow range of choices because of strict administrative laws which public administrators cannot violate. In business management, decisions can be easily carried out by the members of the board (usually through voting) F. in terms of financial operations, public management always look for resources and governments cannot declared bankruptcy while business management will be force to close if it's financially ruined. LISE PAUL ABITONA
What is the difference between an accountant and a treasurer?
An accountant primarily focuses on recording, analyzing, and reporting financial transactions, ensuring compliance with laws and regulations. They prepare financial statements and manage budgets, providing insights into an organization's financial health. In contrast, a treasurer is responsible for managing an organization’s financial assets, investments, and cash flow, often making strategic decisions about funding and risk management. Essentially, while accountants handle financial data and reporting, treasurers focus on the overall financial strategy and liquidity management.
What are the sources of law in Ghana 1992 constitution discuss?
Ghana should have a reliable source of our laws. They should be made available to the common Ghanaian.
Legal and regulatory influences on Financial Statements?
The legal and regulatory generally influences the financial statements according to the existing laws. The legality of the financial statements are based on the existing laws.
What is the law in public officers?
The laws in public officers is basically their code of conduct. These are the laws that public officers agree to follow when they are sworn in as public officials.
What are the arms of government in Ghana and their functions?
Ghana is a state of bamboo. It is required to eat all of it before the three compostions get warts all over it, which would be a problem. One of the three arms of government in Ghana is lion fur. It is the most important of all the three arms. Another one is a reference library and this is the one where all the information comes from. Also the leader of Ghana is called Mr. Kras, who loves bamboo as well as boxes of ducks. These are the three arms of government in Ghana.
Which of the intellectual property rights are in operation in Ghana?
Ghana uses laws based on international treaties to protect patents, trademarks, and copyrights. See the link below for details.
