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Q: What is an encumbrance accounting in public sector accounting?
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What are the importance of public sector accounting?

what is the importance of public sector accounting


Differences between public sector accounting and private sector accounting?

The difference between public sector and private sector is that when you're in the public sector you work for the government whereas private sector is not. Same applies to accounting.


What is the important of public sector accounting?

Explain why it's important to study public sector accounting.


What is the purpose of public sector accounting?

The purpose of a public sector is to give service to the customers


What is the difference between public sector accounting as opposed private sector accounting?

1. The private sector accounting prepared accrual basis but public sector Accounting prepared cash basis. 2. The public sector account fixed assets treated expense but Private sector account fixed assets treated capital. 3. The public sector account analysis report Public but private sector account analysis report not public. 4. The public sector account fixed assets not calculated depreciation but private sector account fixed assets depreciation calculated.


Definition of public sector accounting?

devinition


Importance of IPSAS in public sector accounting?

ANSWERS


What is the international public sector accounting standards board IPSASB?

no


What are the advantages and disadvantages of commitment accounting?

Commitment accounting is also referred to as encumbrance accounting or invoice matching. This method allows you to audit changes in real time and set a cap for specific combination codes. The biggest disadvantage of this method is that is more subjective than most other methods.


Advantages and disadvantages of commitment basis of accounting in public sector?

Yes


What are the uses of vote book in public sector accounting in Ghana?

kamran ali


What is expenditure warrant in public sector accounting?

money set aside for expenses