Pre-requisite: 51103+51180
Developments in Public Sector Accounting across Australia have created ademand for public sector employees to acquire knowledge and skills necessary to deal with emerging legislation and its implications. This unit focuses on government accounting and introduces the various changes affecting accounting and budgetary techniques utilised in the public sector. Throughout this unit students will be exposed to the procedures and legislative framework underpinning government accounting, including the cash accounting and emerging accrual accounting concepts as they affect the public sector. Public Sector budgetary, auditing and financial reporting concepts and practices will be explored and discussed.