Abstract

This paper traces the existing Accounting Systems in a selected Public Sector Undertakings (PSU), in Botswana and examines how far the systems are suitable for the New Public Sector Undertakings Management (NPSUM). It concludes that the current accounting systems such as financial accounting, cost accounting and reporting systems are not suitable for the effective and efficient management. It is suggested to adopt an Integrated Accounting System (IAS), which is to be developed to suit the needs of a specific PSU as each PSU is different in nature and a blanket system of accounting should not be applied. (Af. J. of Finance and Management: 2003 11(2): 133-144)

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.