MEANING OF PUBLIC SECTOR ACCOUNTING BASIS These are the main fundamental assumptions that underpin financial statement preparation in the public sector. It refers to the order in which revenues, expenditures, and transfers are recognized in the accounts and presented in ...
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WHAT ARE THE BASES OF PUBLIC SECTOR ACCOUNTING
Eric AdjeiMEANING OF PUBLIC SECTOR ACCOUNTING BASIS These are broad basic assumptions which underlie the preparation of financial statements in the public sector. it refers to the timing of recognition of revenues, expenditures and transfers and the related assets and liabilities ...