An Appraisal Of Accounting System In The Public Sector

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF THE STUDY History has it that the concept of accountability of public funds dates backs to the history of ancient Greece.  As old as theory is, it would not be erroneous to say that the idea has been equally lost to antiquity although not much is known about it, this makes the subject, government accounting to remain a myth. Accounting in the public sector has received such a wide attention from scholars that the field of public sector accounting scans to be neglected. However, there is general awareness all over the world of the need to pay greater…