Cost and management accounting have similar objectives. The main objective of cost is to provide the information required to perform internal management functions effectively. This objective is achieved through the achievement of the following sub-objectives: Cost ascertainment Cost and management accounting ...
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Definition of Cost & Management Accounting
Eric Adjei
Cost “Accounting is the application of accounting methods and techniques to identify, collect, classify, record, and analyze costs incurred in the production of a product or provision of service. It forms part of the internal management information system, with its ...
PUBLIC ACCOUNTS COMMITTEE AND FINANCE COMMITTEE
Eric Adjei
Objectives By the end of this session, you should be able to: state the composition of Public Account Committee of Parliament explain the functions of the Public Account Committee of Parliament state the composition of Public Finance Committee of ...
PUBLIC ACCOUNTS – PUBLIC SECTOR ACCOUNTS
Eric Adjei
1.1. FINAL ACCOUNTS OF THE GOVERNMENT The final account of the government is known as the “public account.” Public accounts are documents and records pertaining to public and trust money received into, held in, and paid from the consolidated fund. ...
FORENSIC ACCOUNTING IN THE PUBLIC SECTOR
Eric Adjei
Forensic accounting in the public sector is what we are going to consider in this public sector accounting guide. CPAs’ traditional functions in the public sector, whether federal, state, or municipal, have focused on auditing, financial reporting, and management accounting. ...
PUBLIC PRIVATE PARTNERSHIP IN GHANA – TYPES OF PUBLIC PRIVATE PARTNERSHIP IN GHANA
Eric Adjei
In your jurisdiction, how has the concept of a public-private partnership (PPP) evolved? In your jurisdiction, what forms of transactions are authorized and often used? PPPs were created to address the infrastructural gap. They are viewed as a viable alternative ...
PRIVATE PUBLIC PARTNERSHIP IN INDIA- WELL EXPLAINED WITH EXAMPLES
Eric Adjei
Private public partnership in India is the next public sector guide. The public–private partnership (PPP or 3P) in India is a commercial or informational contractual relationship defined by the government of India in 2011 as “an arrangement between a government/statutory ...
Public Sector Institutions in Ghana – Checkout Here
Eric Adjei
Ghana has 17 public sector institutions. Public sector institutions in Ghana are the major institutions in Ghana. You may be asking for or seeking the list of public sector institutions in Ghana. If so, then you are in the right ...
Explain How Public Sector Contributes to the Economic Development of a Nation
Eric Adjei
The public sector contributes to a country’s economic development by fostering rapid economic growth through the development and extension of infrastructure. As a result, it produces work possibilities that contribute to the development of a country’s financial resources. Public Sector ...
HOW MANY PUBLIC SECTOR BANKS IN INDIA
Eric Adjei
how many public sector banks in India? or How many public sector banks are there in India? let check the answer to this question below. With the consolidation of banks, India now has 12 public sector banks and 21 private ...