Does trinidad and tobago adhere to the following government accounting features: transparency, accountability and disclosure? If yes, how are these features applied?
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Does trinidad and tobago adhere to the following government accounting features: transparency, accountability and disclosure? If yes, how are these features applied?
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- What role has the Auditor General or similar person with similar responsibilities played in government accounting in your country? Have there been any interesting discovery brought to parliament by the Auditor General?How the hierarchy of U.S. generally accepted accounting principles for state and local government accounting can be used to resolve financial reporting issues?How would you define government accounting and what are the essential elements of government accounting?
- What should you tell your friend about the presence of accounting standards in theUnited States? Who has the authority for standard setting? Who has the responsibility?What are the features of good government accounting?What are two major legal differences between state governments, and businesses, that would affect the financial reporting needs of governments?
- What are the bases of accounting? Describe how government accounting systems are structured. How do they help prevent fraud and guarantee conformance with legal requirements? Give examples.What are the salient features and changes in the Government Accounting Manual? What problems or issues of the previous government accounting system that it tries to address? BoldItalicUnderlineLawmakers should demand reform of government accounting standards?