Public Sector Accounting and Finance

Public Sector Accounting and Finance is a course in level 2 of the ICAG professional qualification syllabus. The aim of this module is to enable students to develop, understand and apply the principles and practices of public sector accounting and finance in various contexts and situations.

The course covers the following topics:

• The nature and scope of public sector accounting and finance
• The objectives and functions of public sector accounting and finance
• The regulatory and institutional framework of public sector accounting and finance
• The budgeting and planning process in the public sector
• The financial reporting and accountability in the public sector
• The audit and assurance in the public sector
• The financial management and control in the public sector
• The performance measurement and evaluation in the public sector
• The public sector reforms and challenges

The course requires candidates to apply their knowledge and skills to various scenarios and cases, using appropriate judgement and technical competence. The course also requires candidates to be familiar with the key management accounting concepts applied in the public sector.