KTCNC [25D1ADV60702301] - 34TP1KN - SCN (5/1-6/4)
Public sector accounting is a specialised field focused on keeping track of how public sector or government-linked entities handle money. This is because public sector entities are nominally not profit-making businesses, but are meant to focus on delivering services to benefit the public and/or the redistribution of income or wealth. The primary objective of public sector accounting is to provide transparent and accurate information about government income and spending to stakeholders, including taxpaying voters, elected officials, and government agencies.