BPA3103 Public Sector Accounting

The aim of the course is to educate you on how public sector accounting and finance is treated following basic accounting concepts and relevant laws and procedures. 

Course Objectives
This course will enable students to;

• Understand the nature of the public sector; 
• Understand the difference between public sector Organizations and government business Organizations; 
• Know the external and internal users of public sector accounting information and their respective uses of the information; 
• Appreciate the differences between public sector accounting and private sector accounting;   
• Understand the bases of public sector accounting including the cash bases, the accrual basis, and the commitment bases;  
• Appreciate the advantages and disadvantages of each of the bases;  
• Know the accounting principles applicable in the public sector;

Learning outcomes
At the end of studying the course material, among other objectives, you should be able to: 

• Understand the nature of the public sector; 
• Understand the difference between public sector Organizations and government business Organizations; 
• Know the external and internal users of public sector accounting information and their respective uses of the information; 
• Appreciate the differences between public sector accounting and private sector accounting;   
• Understand the bases of public sector accounting including the cash bases, the accrual basis, and the commitment bases;  
• Appreciate the advantages and disadvantages of each of the bases;  
• Know the accounting principles applicable in the public sector