The aim of this subject is to introduce students to the regulatory framework of public sector financial reporting and to equip them with knowledge that would enable them function effectively in the public sector after graduation. It also aims at introducing students to the basic principles and functions of taxation.

In this course, you will study the following 

1. Introductory Discussions – Course Overview
2. The Context of Public Financial Management & Accounting
3. Accounting Concepts and Bases in the Public Sector
4. Legal & Regulatory Framework for Public Financial Management: The 1992 Constitution of Ghana, the Financial Administration Act (FAA), – The Financial Administration Regulation [FAR]
5. Public Procurement: The Public Procurement Act
6. Budgets and Budgeting in the Public Sector
7. Revenue Management and Expenditure Control
8. Overview of International Public Sector Accounting Standards (IPSAS)
9. Financial Reporting for Central and Local Government and NGOs
10. Accountability and Value for Money in the Public Sector
11. Accounting for Public Private Partnerships