| Description | This unit of study is intended to familiarise students with the main features of accountability arrangements in the public sector. It explores the way in which public sector accounting differs from practices commonly adopted in the private sector, and explores issues arising from the wider use of accrual accounting and accrual budgeting by general government agencies and by state owned corporations. It refers to both local and international developments in budgetary arrangements, and international developments in financial reporting for different tiers of government. Topics examined include the design of performance indicators for public sector agencies, and the conduct of performance audits. |
