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Public sector accounting and finance (Paper 2.5)

This course focuses on the unique accounting, financial reporting, and budgeting principles used by government and non-profit organizations. The core philosophy shifts from profit and shareholder value (private sector) to public accountability, stewardship of resources, and providing services for the public good

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All Levels N/A English Updated Nov 2025
Modules
1
Lessons
1
Duration
N/A
Level
All

What you'll learn

  • Explain the distinctive objectives of public sector financial management, emphasizing accountability and public service.
  • Apply fund accounting principles to record transactions for specific-purpose funds (e.g., a capital projects fund, a debt service fund).
  • Prepare and interpret key public sector reports, such as the Statement of Net Position and the Statement of Activities.
  • Understand the public budget cycle, from preparation and legislative approval to execution and audit.
  • Analyze the use of various revenue sources like taxes, grants, and bonds to fund public services.
Fund Accounting Preparation and Analysis of Government-Wide and Fund Financial Statements Public Budgeting and Appropriation Accounting Grant Management and Compliance

Course Syllabus

Lesson 1

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