PUBLIC SECTOR ACCOUNTING

CASH VS. ACCRUAL ACCOUNTING IN PUBLIC SERVICE ASSIGNMENT

Professional development training for staffs serve to be the best when actual data is used, either trained locally or internationally, because it becomes more appropriate and meaningful to those personnel who are being trained to serve back their public sector

Now it has been evidently known that the project of migration from cash to modified accrual basis accounting was at a very slow pace. Obviously, the scale of this migration project has been reduced or downsized over the years from what it was when it was being implemented initially. From the above quoted statement, it can be concluded that professional training should be more structured and focused in public sector. The reason being that the trained expertise will oversee the operation of the whole project of migration from cash to modified accrual accounting instead of only providing consultations as to how to manage a software for example. Since accountants are now more engaged into managerial roles rather than bookkeeping, they appreciate the fact that the budge to modified accrual accounting comprise of more aspects than just getting an expensive software.

DISCUSSION POINT 3: When it comes to providing professional trainings to public sector officials, there are always vital questions that perhaps remains in the minds of the public sector. From your viewpoint, discuss some of these questions that would come to your mind if you have to represent yourself as the Government of any country.

Required: Students must include a reference list [Mandatory] APA referencing style AND in writing the report, the emphasis should be placed on the above mentioned discussion point [content/body of the assignment]