An important step forward
The news that accrual accounting is, at long last, now on its way towards being implemented as the methodology for recording the government’s revenue and expenditure joins the several recent historical developments in the history of our country’s financial administration. Accrual accounting – assuming that all within the public service take a genuine interest in learning as much as possible its implications and implementation – is certain to, at least in the first few years of its coming into force... Читать дальше...