Government accounting is an umbrella which refers to the various accounting systems used by different public sector entities such as NGOs. What are the new developments in the Public Sector Accounting and Finance? Discuss briefly these differences and why the processes usage of accounting in government differs significantly from those in the private sector accounting systems?
Discuss the weaknesses in the Public Sector Accounting and Finance in the usage of resources that might hinder the social and public service delivery.

Answer rating: 100% (QA)

A Government Accounting refers to collecting classifying recording and summarizing all the financial transactions it helps maintain tight control over ... View the full answer