explain the objectives of public sector accounting in relation to stewardship and accountability.

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ekkarill92 answered 2 years ago

Explain the objectives of Public Sector Accounting in relation to Stewardship and Accountability

1) The stewardship and accountability objectives of financial reporting means that: Select one: a. the objective...

1) The stewardship and accountability objectives of financial reporting means that: Select one: a. the objective of general purpose financial reports is to provide information that is useful to capital providers. b. general purpose financial reports support stewardship function in entities where there is no separation of ownership from control. c. the objective of general purpose financial reports is to provide information to users that is useful for making decisions about allocation of scarce resources. d. managers use general purpose...

Although, accountability in public administration is different from accountability in the private sector, yet, an increasing...

Although, accountability in public administration is different from accountability in the private sector, yet, an increasing number of public services are being contracted to private sector organizations. What are the advantages and disadvantages of awarding public sector services to private sector organizations, instead of allowing public agencies to perform them?

Discuss the role of warrants in ensuring financial accountability in the public sector of Ghana

a) Explain what accountability means for an organisation in relation to legitimacy. • b) Can accountability...

a) Explain what accountability means for an organisation in relation to legitimacy. • b) Can accountability be achieved in a critical theory framework? • c) Explain the idea of a ‘social contract’ and its relationship to the legitimacy discussion and sustainability reporting. • d) Can accountability be linked to stakeholder theory (and stakeholder engagement)

Do you agree with the proposition that decentralisation increases public sector accountability? Explain your answer. Please...

Do you agree with the proposition that decentralisation increases public sector accountability? Explain your answer. Please try to answer in 1000 words.

should Accounting in the public sector be the same as in the private sector

‘accountability’ in financial report 1. In the context of public sector, whether the objective of financial...

‘accountability’ in financial report 1. In the context of public sector, whether the objective of financial reporting should focus more on 'accountability' that compared to 'decision making' ? 2. What are the information in public sector financial reports need to be provided to to the users?

One main difference between public sector entities and private sector entities is that their objectives are...

One main difference between public sector entities and private sector entities is that their objectives are different. The objectives of the public sector entity is to deliver public goods and services to all citizens in order to maximize their welfare. However, the principal object of the private entity is to make profit on the goods and services they produce and sell in the market. Required: Explain SIX (6) reasons why these differences are important

TOPIC: MANAGEMENT ACCOUNTING IN PUBLIC SECTOR Explain the rational for the administrative changes in budget examination...

TOPIC: MANAGEMENT ACCOUNTING IN PUBLIC SECTOR Explain the rational for the administrative changes in budget examination and review from yearly basis to once in every two years basis

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