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AUDITING IN THE PUBLIC SECTOR: WHAT DOES IT MEAN? Auditing is an independent appraisal procedure for analyzing, researching, and confirming an organization’s financial statements by a competently authorized individual, which is frequently governed by statute. It is the process of studying and ...

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Objective of the IPSASB The objectives of the IPSASB are to serve the public interest by developing high quality public sector financial reporting standards and by facilitating the convergence of international and national standards, thereby enhancing the quality and uniformity of ...

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DEFINITION OF PUBLIC SECTOR ACCOUNTING In light of the nature of public sector accounting, an attempt is made to define the term. Among the things that come to mind are: Public Sector Accounting is an information system that measures financial information (transactions) ...

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WHAT ARE THE OBJECTIVES OF PUBLIC SECTOR ACCOUNTING Public sector accounting had many objectives for it establishment, the following are the main objectives of public sector accouting: 1)            to provide financial information useful for determining and predicting ...