Ahmed Ataul Hakim
Ahmed Ataul Hakim
Ahmed Ataul Hakim
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Public Sector Accounting : Standard<br />
Cash Basis of Accounting System is used<br />
Features of GoB accounting function :<br />
<br />
<br />
<br />
Consolidated Fund,<br />
Treasury Single Account<br />
Limit of financial authority provided by the Parliament<br />
through Annual Budget.<br />
Funds managed by a central entity & individual<br />
entities do not control the ‘cash’ they are authorized<br />
to spend.<br />
Complies with requirements of Cash Basis IPSAS by<br />
ensuring proper presentation, transparent financial<br />
reporting & enhanced comparability of general<br />
purpose financial statements.<br />
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