1. Discuss the term public sector

2. Identify and discuss the different types of Public Sector Organisations?

3. Discuss the different types of accounting standards government departments use in your own country?

4. Ethics

You audit a bank, where you have sourced a loan and the bank manager is a personal friend.

Is there ethical issues involved?

1.Do you think that the development of a worldwide accounting system should be organised by an intergovernmental body like the European Union or United Nations, instead of a group of independent members who are not directly related to government? What could be the possible advantages/disadvantages?

2. Is it a good idea to implement a uniform accounting system in the Asia Pacific region knowing the costs and effort it takes, in these times of economic instability?

3. How should the Fiji Government record in their financial statements the Covid-19 vaccine donated by the European Union?

1. Do you think that the development IPSAS 23 is a good idea? What could be the possible advantages/disadvantages?

2. IPSAS 22 does not lead to a complete picture of all financial activities in government. Do you agree or disagree?

3. Do you think government should disclose the assets owned by the military, police and medical services in consolidated financial statement as stated in IPSAS 22? Discuss.

1. Do you think your government needs to adopt the Cash base IPSAS after you have analysed its advantages and limitations?

2. Do you think your government needs to adopt the Accrual base IPSAS after you have analysed its advantages and limitations?

3. What type of IPSAS (Cash base or Accrual base) is suitable for Pacific Island countries. Discuss and use your Island countries as examples).

1. As a taxpayer, why do you need information about cash receipts, cash payments and cash balances?

2. Identify and discuss examples of cash and cash equivalents.

3. Cash and Cash Equivalents are important for any government. Do you agree or disagree. Provide examples to support your views.

1. Discuss at least 5 difficulties your government will encounter when implementing IPSAS 17. Provide examples to support your views.

2. Do you think the following should be included in IPSAS 17?

1. heritage assets
2. biological assets
3. mineral rights and mineral reserves

1. Who should be blamed for this accident to a government vehicle and how should the organisation fund the repair works?
2. Do you think the Office of the Auditor General should be a member of the PASAI and INTOSAI?

1. Discuss the importance of Public Sector Auditing.

1. Do you think it is important to perform audit in Public Sector Organisations?
2. Discuss the importance of financial statements.

1. Do you think it is important to have Disclosures and Notes to financial statements?

3. Describe Financial Statement Audit and Comment on any interesting account in the financial Statement below. Identify the type of Opinion that should be given to this financial statement. Support your views with relevant examples.