Beschreibung
This piece of work is important to those managing government institutions especially state owned enterprises. However, other firms in the private sector will find it useful. Accountability is critical because, the resource providers want to know how their resources have been utilized. Once the resource providers are not comfortable with how the funds or resources have been utilized, they may cease to provide further resources and if it is a government entity, service delivery will be crippled and government administrators may find difficulties in managing the economy. It is thus important to provide accountability to resource providers. Accountability may be ensured through preparation of financial reports and physical out (visibility of activities). To achieve accountability, there is need for a strong internal audit function and an effective audit committee.
Autorenporträt
Juma Bananuka is a Lecturer in the Department of Accounting, Makerere University Business School. He is currently pursuing studies leading to the award of a PhD of Makerere University. His research interests are in the areas of Auditing, Financial reporting, Taxation and Integrated reporting.
Herstellerkennzeichnung:
OmniScriptum SRL
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2012 Chisinau
MD
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