The public sector accounting system

dikirimkan 7 Months lalu, Wednesday, Jan 29, 2020, 00:02:23 oleh economics knowledge in Bisnis
Public sector accounting is a series of processes in gathering, classifying, analyzing, recording, and presenting such information in a report that can later be used by related parties for decision making. The public sector accounting system is indeed applied to state public institutions. The Purpose of Public Sector Accounting The following are some of the objectives of public sector accounting explained by the American Accopunting Association (1970): 1. Accountability. The purpose of public sector accounting is to be used to provide information that can be useful for public sector managers and can be used in reporting the responsibility of the fields, divisions, and resources under its aegis. In addition, the purpose of this purpose is to report activities to the public on government operations and the use of public budgets. (Also read: Cost Accounting Cycle). 2. Management Control. The purpose of public sector accounting is to be able to provide information that is indeed needed in the management of an institution / organization in an appropriate, fast, efficient, and economical manner for the operation and use of budgeted resources within the organization / institution. (Also read: Understanding Accounts Receivable)
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economics knowledge

economics knowledge

Anggota sejak Jan 28, 2020
Lokasi: New York, USA
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