course description for Public Sector Accounting II in a B.Sc. Accounting program:

???? Public Sector Accounting II

Course Description

This course is a continuation of Public Sector Accounting I and focuses on advanced accounting practices in government and public sector organizations. It emphasizes financial management, reporting, and accountability in the public sector, in compliance with international public sector standards (IPSAS) and national regulations. Topics include budgetary control, fund accounting, public debt management, and performance reporting.

Course Objectives

By the end of this course, students should be able to:

1. Prepare and analyze financial statements for government and public organizations.

2. Apply International Public Sector Accounting Standards (IPSAS) in reporting.

3. Implement fund accounting and budgetary control systems.

4. Manage public sector financial reporting for accountability and transparency.

5. Evaluate the financial performance of public sector entities.

Course Content (Main Topics)

• Review of Public Sector Accounting I concepts

• Fund accounting and accounting for reserves

• Budgetary control and variance analysis in public organizations

• Accounting for public debt and loans

• Accounting for grants, subsidies, and contributions

• Revenue recognition in the public sector

• Performance measurement and reporting (outputs and outcomes)

• IPSAS standards and application

• Ethical issues in public financial management

• Case studies on public sector accounting practices

Teaching Methods

• Lectures and tutorials

• Case studies and practical exercises

• Use of public sector financial reports for analysis

• Group discussions on accountability and transparency

Assessment Methods

• Continuous Assessment (Assignments & Quizzes) – 40%

• Practical Exercises / Case Study – 20%

• Final Examination – 40%

Learning Outcomes

Upon successful completion, students will be able to:

• Prepare and interpret financial statements for public sector organizations.

• Apply IPSAS standards and national regulations in reporting.

• Implement budgetary control and fund accounting systems.

• Evaluate public sector financial performance and accountability.

• Apply ethical principles in public financial management.

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