Mention three objectives of government accounting system (2076,2074,2064,2063)BS

 

  1. Accountability: Government accounting is aimed at ensuring that the government is held accountable for its financial activities and decisions. This involves maintaining accurate records of all financial transactions, and making these records available for public scrutiny.

  2. Financial control: Government accounting is also aimed at promoting financial control within the government. This involves establishing systems and procedures to ensure that financial resources are used efficiently and effectively, and that there is adequate oversight of financial activities.

  3. Planning and budgeting: Finally, government accounting is aimed at supporting the government's planning and budgeting processes. This involves providing accurate and timely financial information to decision-makers, and ensuring that financial resources are allocated in accordance with the government's priorities and objectives.

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