ACCT 3124 Governmental Accounting
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As per the course ACCT 3124 Governmental Accounting, Government accounting is done to maintain records and transactions of government income and expenditures. Government accounting system contributes to the following:
- Information production
- Making them available for usage
- Determination of economic policies
- The solution of budgetary applications
Following are the features of government accounting under course ACCT 3124 Governmental Accounting:
- Profit And Loss.
- GovernmentRegulations.
- Double Entry System.
- Budget Heads.
- Budgetary Control.
- Banking Transaction.
- Auditing.
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