INTRODUCTION TO PUBLIC SECTOR ACCOUNTING Public Sector Accounting is related to government and different from private sector accounting. Accounting and financial reporting for public sector are based on distinctive concepts‚ standards‚ and procedure designed to accommodate their environment. This also based on the needs of their accounting information users. Derbyshire (1987) defined a public sector as a device for regulating human activities so that men and women can live together in reasonable
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businesses in two separate business sectors; Morrison’s (well known Supermarket chain) from the private sector and Warwickshire College for the public sector. Will the aims and objectives of these two companies be completely different like we would expect? Or will there be surprising similarities between two businesses with such different customer bases? Findings: Generalisations can be made when describing the public and private sectors. Companies within the public sector are usually government funded
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importance of the maritime industry to Nigerian’s socio-economic wellbeing cannot be overemphasized as cargo throughput to and from Nigeria accounts for more than 65% of the total volume of cargo generated by the entire West African Sub-Region. The sector remains critical to the realization of the
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they are willing to invite there investible funds. In the last decade investment opportunities have increased in all the sectors .It is a known fact the service sector has grown much faster than any other sector and its contribution to GDP is much greater in this background‚ I consider it appropriate to undertake a project study on “investment opportunities in service sector”. Investment is a process of sacrificing some use of funds today for the benefits to be in future. More specifically‚ investment
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IIM LUCNOW MANFEST 2004 OPERA Paper On JIT IN SERVICE SECTOR By Deepti Mishra MBA(IB) 2004-2006 Phone no. 09868015479 Email Id. Deepti_d06@iift.ac.in Pooja Aggarwal MBA (IB) 2004-2006 Phone no. 09810673298 Email Id Pooja_d06@iift.ac.in INDIAN INSTITUTE OF FOREIGN TRADE NEW DELHI Executive summary JIT is one of the quality management techniques widely employed in manufacturing sector. It aims at eliminating anything that is unwanted in the organisation‚ thereby increasing
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economic activities Sector The primary sector of the economy extracts or harvests products from the earth. The primary sector includes the production of raw material and basic foods. Activities associated with the primary sector include agriculture (both subsistence and commercial)‚ mining‚ forestry‚ farming‚ grazing‚ hunting and gathering‚ fishing‚ and quarrying. The packaging and processing of the raw material associated with this sector is also considered to be part of this sector. In developed and
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primary sector is declining because it is running out of natural materials such as oil for example‚ this could mean that people would start to lose their jobs in this sector and it would be increasing growth in the tertiary sector. Although the secondary sector is also declining. These two sectors are declining due to a few reasons such as it is cheaper to import resources and materials such as coal‚ darming products etc‚ and there is an increase on the use of technology. The primary sector is focused
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TYPES OF BUSINESS SECTORS There are three types of business sectors in an economy. Primary‚ secondary and tertiary. Primary sector comprises of agricultural based or small scale industries in which investment is very low. For eg. Farming. It involves production of raw materials. The secondary sector consists of industries which focuses on manufacture of certain products and the output of the primary sector serves as the input for this sector. Whereas‚ the tertiary sector is mostly service based
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CASE STUDY The Service Sector of Germany I. Table of Contents II. Abstract III. Introduction Germany has the largest population in the European Union with 84.5 inhabitants in January‚ 2010. The prosperous German economy attracts millions of immigrants from around the world as it is the third largest country in terms of immigration. Germany is bordered by Poland‚ Czech Republic‚ Austria‚ Switzerland
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Compare and Contrast Between The Private and Public Sector The basis of the establishment or incorporation of enterprises in the public and private sectors is to produce and distribute goods and/or services to members of the general public. However‚ the rules by which these are governed make them distinguishable. While similarities can be seen between businesses in these two sectors‚ the contrasting objectives‚ policies and procedures aptly identifies the respective sect. The following further
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