Public Sector Accounting

This book provides an integrated approach to the study of public sector accounting, drawing together accounting theory and practice for each of the main areas of financial accounting, management accounting and auditing. Examples from a range of Public Sector experience are woven into the text to illustrate the issues involved. The introduction of the book reflects managerial developments in the public sector, gives a brief history of these in the UK and internationally and comments on the adoption of quality assurance in the public sector. The management accounting section discusses developments in the use of internal markets and compulsory competition and the more recent emphasis on public-private partnership and performance indicators and also explains the techniques of programme and zero-based budgeting and investment appraisal. The financial accounting section updates and internationalises the discussion of financial accounting theory and regulation. The final section of the book on auditing is updated with UK and international developments.