Preview

paa study

Powerful Essays
Open Document
Open Document
3332 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
paa study
Department of Accounting
Faculty of Business, Economics and Law

Subject title/subject code
Public Sector Accounting and Accountability

Subject Learning Guide

Semester One 2013

Melbourne Campus

Subject Coordinator: Dr Robert Ochoki Nyamori

ENQUIRIES
Dr Robert Ochoki Nyamori
Associate professor
La Trobe University
Victoria 3083
T 03 94791642
F 03 94792356
E:r.nyamori@latrobe.edu.au
SUBJECT DETAILS
GENERAL DETAILS
Subject Code:
ACC3PAA
Subject Title: Public Sector Accounting and Accountability
Public Sector Accounting and Accountability
Teaching Period:
Semester One
Location(s): Melbourne
Melbourne
Credit Points:
15
Mode:
Lecture and tutorials
Level: Third year

ENROLMENT REQUIREMENTS
Prerequisites:
ACC1AMD; ECO1IMI
Co-requisites:
None
Assumed Skills & Knowledge:
Reading, writing, healthy interest in public sector affairs
Special Study Requirements:
None

STAFF CONTACTS
Subject Coordinator:
Dr Robert Ochoki Nyamori
Email:
r.nyamori@latrobe.edu.au
Tel:1642
1642
Location:
Social Science Building SS129, Melbourne Campus
Instance Coordinator:
Dr Robert Ochoki Nyamori
Email:
r.nyamori@latrobe.edu.au
Tel:
1642
Location:
Social Science Building SS129, Melbourne Campus

SUBJECT DESCRIPTION
Students will explore the role of accounting and accountability in the Australian public sector. The subject covers the social and economic importance of the public sector in Australia; the obligations of governments to be accountable for the use of public funds; and the ways in which governments account for the use of resources in implementing social and economic policies. Specific issues covered include the role of the Auditor-General in the accountability process, the measurement and reporting of public sector assets and liabilities, the shift from cash to accrual accounting and the legal and accounting standard requirements of financial reporting in the public sector.

SUBJECT INTENDED



References: Academic Integrity Procedures (2010, p. 1 of 6) Academic misconduct includes poor referencing, plagiarism, copying and cheating

You May Also Find These Documents Helpful

  • Powerful Essays

    Chapters 2 through 8 describe accounting and financial reporting by state and local governments. A continuous problem is presented to provide an overview of the reporting process, including preparation of fund basis and government-wide statements. The problem assumes the government is using fund accounting for its internal record-keeping and then at year-end makes necessary adjustments to prepare the government-wide statements. The problem that follows is presented in the same order as the textbook (beginning with Chapters 3, and 4). Each chapter requires the preparation of journal entries to record the events and transactions of governmental, proprietary, or fiduciary funds. For the General Fund, use control accounts for the budgetary accounts, revenues, expenditures and encumbrances. For all other funds, use separate accounts for each type of revenue and expenditure/expense. At appropriate stages, preparation of the fund and government-wide statements are required. The following funds are included in this series of problems: Governmental Funds General Special revenue—Street and Highway Fund Capital projects—City Hall Annex Construction Fund Debt service—City Hall Annex Debt Service Fund Debt service—City Hall Debt Service Fund Proprietary Funds Internal service—Stores and Services Fund Enterprise—Water and Sewer Fund Fiduciary Funds Private-purpose—Student Scholarship Fund Pension trust—Fire and Police Retirement Fund…

    • 5852 Words
    • 24 Pages
    Powerful Essays
  • Good Essays

    References: Boynton, W. C., & Johnson, R. N. (2006). Auditing and the Public Accounting Profession—…

    • 396 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    ACCT2522 course outline

    • 5700 Words
    • 23 Pages

    Australian School of Business Accounting ACCT2522 MANAGEMENT ACCOUNTING 1 Course Outline Semester 1, 2012 Table of Contents PART A: COURSE-SPECIFIC INFORMATION 1 1 STAFF CONTACT DETAILS 1 2 COURSE DETAILS 1 2.1 Teaching Times and Locations 2.2 Units of Credit 2.3 Summary of Course 2.4 Course Aims and Relationship to Other Courses 2.5 Student Learning Outcomes 3 LEARNING AND TEACHING ACTIVITIES 3.1 Approach to Learning and Teaching in the Course 3.2 Learning Activities and Teaching Strategies 1 2 2 2 3 4 4 4 ASSESSMENT 5 4.1 Formal Requirements 4.2 Assessment Details 5 5 4 5 COURSE RESOURCES 6 COURSE EVALUATION AND DEVELOPMENT 10 7 COURSE SCHEDULE 11 PART B: KEY POLICIES, STUDENT RESPONSIBILITIES AND SUPPORT 9 1 1 ACADEMIC HONESTY AND PLAGIARISM 1 2 STUDENT RESPONSIBILITIES AND CONDUCT 1 2.1 Workload 2.2 Attendance 2.3 General Conduct and Behaviour 2.4 Occupational Health and Safety 2.5 Keeping Informed 1 2 2 2 2 3 SPECIAL CONSIDERATION AND SUPPLEMENTARY EXAMINATIONS 2 4 STUDENT RESOURCES AND SUPPORT 4 PART A: COURSE-SPECIFIC INFORMATION 1 STAFF CONTACT DETAILS Position Name Lecturer/tutor Nicole Ang Lecturer/tutor Linda Chang Tutor Mandy Cheng…

    • 5700 Words
    • 23 Pages
    Powerful Essays
  • Powerful Essays

    Before an accurate evaluation can be made, it is noteworthy to consider the particular nature of accounting lessons in comparison to other Liberal Arts. First of all, accounting is a subject of study that is heavily rules-based; meaning, students are tested on their knowledge of an already set accounting principle. In other words, since accounting entitles a sense of public obligation to be consistent and truthful to the doctrines there is often only one correct answer and any deviance from this is deemed wrong. This holds especially true in the profession of accounting, for a deviation in procedure can be infinitely costly and highly fraudulent. Consequently accounting as a subject requires a modern culture of education, in which there is less space for individual opinion or much discussion in…

    • 3617 Words
    • 15 Pages
    Powerful Essays
  • Better Essays

    Navirn

    • 1265 Words
    • 6 Pages

    This then makes the method of setting accounting standards a political activity. This can be termed to as a one dimensional view of power because it focuses on the behavior in decision making on issues which have notable conflict of interest as revealed by political participation (Hopwood et.al 2005). This activity has a high consequence which involves…

    • 1265 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Acct1501 Wk1

    • 4713 Words
    • 19 Pages

    Welcome to Accounting and Financial Management 1A. In this first lecture you will be introduced to the lecture staff on the course and be given the Course Outline. We will be outlining the objectives of the subject, its structure and requirements as described in the Course Outline and answer any questions you may have about the course. We will be referring to the Woolworths 2007 Annual Report (WW2007) throughout the course. The annual report is included as an appendix in your course textbook (Trotman & Gibbons (T&G) pages 709-748). We will then begin to explore the nature of accounting and introduce general purpose financial reports.…

    • 4713 Words
    • 19 Pages
    Powerful Essays
  • Good Essays

    International Accounting

    • 1598 Words
    • 7 Pages

    Prescribed textbook – Contemporary Issues in Accounting Drever, M., Stanton, P. and McGowan, S. (2007) Wiley and Sons. Recommended text: – Accounting Handbook 2009 Other readings – Access and available through Blackboard – Journal articles are available through the Library (if not claimed otherwise) – Copies handed out in class…

    • 1598 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    Welcome to Accounting and Financial Management 1A. In this first lecture you will be introduced to the lecture staff on the course and be given the Course Outline. We will be outlining the objectives of the subject, its structure and requirements as described in the Course Outline and answer…

    • 3518 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    Watson, M. (2007) Management accounting and budgetary control. Public Finance Quarterly. 32(2) March. pp. 234-237 [Online] Available at: http://search.global.epnet.com [Accessed: 25 April, 2012].…

    • 5315 Words
    • 22 Pages
    Good Essays
  • Good Essays

    Unit 10

    • 726 Words
    • 3 Pages

    Title (and reference number) Level 4 Learning outcomes – learners will: Assessment criteria – learners can: 1.1 Describe the purpose, structure and organisation of the accounting function and its relationships with other functions within the organization. Explain the various business purposes for which the following financial information is required • income statement (profit and loss account) • forecast of cash flow (cash flow statement) • statement of financial position (balance sheet). Give an overview of the organisation’s business and its critical external relationships with stakeholders. Explain how the accounting systems are affected by the organisational structure, systems, procedures, and business transactions. Explain the effect on users of changes to accounting systems caused by • external regulations • organisational policies and procedures. Identify the external regulations that affect accounting practice. Describe the causes of, and common types of, fraud and the impact of this on the organisation. Explain methods that can be used to detect fraud within an accounting system. Explain the types of controls that can be put Your evidence* Assessor (tick) Principles of internal control (K)…

    • 726 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Accountant Responsibility

    • 2438 Words
    • 10 Pages

    Over the past few years we have seen the economy go from a feeling of reaching new heights, to the lowest of lows and with that came the accounting scandals and the need to expand government regulation. In response to the changes in the economy the public wanted accounting standards and government regulation to assist in alleviating the way financials were being reported so the money that was being lost wasn't nearly as detrimental as it looked. The changes in the economy required changes in regulation. The changes in regulation set the need for accountant responsibility to be expanded. This paper is to go into details about the “three major parties” that…

    • 2438 Words
    • 10 Pages
    Best Essays
  • Better Essays

    Accountability is a public or private agency, such as a state education agency, that enters into a contractual agreement to perform a service, such as administer 21st century community learning center programs will be held answerable for performing according to agreed on terms, within a specified time period. The word Accountability at present is a very popular word. Traditionally it is something which arises in a principal and agent situation. The principal, the funder, taxpayers, electorate, government etc…relies on the agent to do something. The agent local authority, police chief, district health authority, hospital etc…is held to be responsible for getting the task done. The principal has a need to control the agent, or to make the agent accountable to the principal. The agent of course usually knows more about the task. They have to speak inside the information. It is difficult for most principals to know what is going on. In the following paragraphs questions like to whom and for what is the Public Service accountable to? How well are accountabilities understood by Ministers, Political Staff and Public Servants? And what changes are needed to strengthen the accountability of Ministers and/or Public Servants? This all will be answered.…

    • 1151 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Dellaportas, S, K Gibson, R Alagiah, M Hutchinson, P Leung and D Van Homrigh (2005), Ethics, Governance and Accountability, a professional perspective, Queensland: John Wiley & Sons Australia Ltd. Francis, Jere R (1990), “After Virtue? Accounting as a Moral Discursive Practice”, Accounting, Auditing and Accountability Journal, v 3, pp 5 – 17. Gaffikin, M J R and Lindawati (2005), “The Moral Reasoning of Public Accountants in the Development of a Code of Ethics: the Case of Indonesia”, unpublished paper. Habermas, J (1991), The Theory of Communicative Action, Volume 1, Reason and the Rationalization of Society, Cambridge: Polity Press. Harpham, G G (1999), Shadows of Ethics, Durham, USA: Duke University Press. Kuper, A and J Kuper (2003) (eds), The Social Science Encyclopedia, 2 ed, London: Routledge. Longstaff, S (1995), “Was Socrates an Accountant?”, paper delivered to AAANZ Conference, 11 July 1995. MacIntyre, Alasdair (1984), After Virtue (2 ed), Indiana: University of Notre Dame Press. Parker, L (1987), “A Historical Analysis of Ethical Pronouncements and debate in the Australian Accounting Profession”, Abacus, v 23, pp 122 – 40. Puxty, A, P Sikka and H Willmott (1994), “(Re)forming the Circle” Education, Ethics and Accountancy Practices”, Accounting Education, v 3. pp 77 – 92. Puxty, A, P Sikka and H Willmott (1997), “Mediating Interests: The Accountancy Bodies’ responses to the McFarlane Report”, Accounting and Business Research, v 27, pp Reiter, Sara (1997), :The ethics of care and new paradigms for accounting practice”, Accounting, Auditing and Accountability Journal, v 10, pp 299 – 324. Rist, John M (2002), Real Ethics, Reconsidering the Foundations of Morality, Cambridge: Cambridge University Press. Williams, Bernard (1985), Ethics and the Limits of Philosophy, Glasgow: Fontana Press.…

    • 9933 Words
    • 40 Pages
    Powerful Essays
  • Satisfactory Essays

    Public Budgeting-2

    • 560 Words
    • 3 Pages

    The goal of this paper is to briefly discuss public finance and its philosophy. Public finance plays a major role in our lives. It is mainly focusing on the establishment of rights and responsibilities with maintaining balance between them for accomplishing practical tasks. Because public finance relates to government activities the paper will also contrast governmental accounting with nongovernmental accounting. The main point for the governments finance reporting is its accountability. After providing the overview of the different accounting methods the paper will explain the relationship between budgeting and financial reporting in government.…

    • 560 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    Company Auditing

    • 4434 Words
    • 18 Pages

    References: 1. 2. Australian Auditing and Assurance Handbook, 2007 Edition, CPA Australia Australian Government’s Financial Reporting Council 2005, Australian Government’s Financial Reporting Council, viewed 20 May 2008, http://www.frc.gov.au/about 3. Brief History 2008, International Auditing and Assurance Standards Board, IAS Plus, Deloitte, viewed 18 May 2008, http://www.iasplus.com/ifac/iaasb.htm 4. Chris Pearce, Parliamentary Secretary to the Treasury, 22 November 2004, “The future of governance regulation in Australia, Address to the 21st National Conference of Chartered Secretaries Australia”, viewed 19 May 2008, http://www.treasurer.gov.au/DisplayDocs.aspx?doc=speeches/2004/001.htm&pageID=005&min=cjp&Year=20 04&DocType=1 5. Gay & Simnett, 2007, ‘Chapter 6 Planning, Knowledge of the Business and Evaluating Business Risk’, Auditing and Assurance Services in Australia, revised edn 3, McGraw-Hill Australia Pty Ltd. 6. International Auditing and Assurance Standards Board 2008, IFAC, viewed 18 May 2008, http://www.ifac.org/IAASB/ 7. James M. Sylph, January 14, 2005, “Global Convergence – Near or Far?”, American Accounting Association Auditing Section 2005 Mid Year Conference New Orleans, viewed 18 May 2008, http://www.ifac.org/MediaCenter/files/72_Sylph_speech_01-14-05.web.doc 8. Jane Diplock AO, 11 November 2005, “Importance of Audit Quality and Auditing Standards, New Zealand and International Perspectives”, New Zealand Institute of Chartered Accountants Wellington Seminar, viewed 18 May 2008, http://www.seccom.govt.nz/speeches/2005/jds111105.shtml 9. Malcolm C. Miller, Accounting Regulation and the Roles Assumed by the Government and the Accounting Profession: The case of Australia, School of Accounting UNSW , 1996 10. Prof. Ian Ramsay, 2002 Submissions, Independence of Australian Company Auditors, viewed 19 May 2008, http://www.companydirectors.com.au/Policy/Submissions/2002/?LM…

    • 4434 Words
    • 18 Pages
    Best Essays

Related Topics