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Question 1 a) There are five objectives for financial accounting in public sector accounting. One of the objectives is prepares financial reporting pertaining to the
Question 1 a) There are five objectives for financial accounting in public sector accounting. One of the objectives is prepares financial reporting pertaining to the results of operations of various gov agencies that are for dissemination to the public. Discuss how the other FOUR (4) objectives may help improvement in public sector financial reporting. (8 Marks) b) Based on your thought, define accountability in auditing process towards public sector accounting, and identify THREE (3) important of accountability in improvement of audit process in public sectors (8 marks)
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