Guidance provided to government accountants.In September September: see month. IFAC IFAC - International Federation of Automatic Control, involved in informatics related to control systems. issued a study intended to help government financial aid officers and accountants develop and implement cost accounting in a government environment. Perspectives on Cost Accounting for Governments describes the extent of government uses of, and the impact of accounting standards on values used in, cost accounting and explains how cost concepts can be employed to achieve management objectives. While in the past cost accounting was viewed as a simple mechanical process for which the accountant A person who has the requisite skill and experience in establishing and maintaining accurate financial records for an individual or a business. The duties of an accountant may include designing and controlling systems of records, auditing books, and preparing financial statements. was wholly responsible, today it is considered a useful tool for providing information to senior managers for their decision making. Ian Mackintosh Ian Mackintosh, MBE, (born July 26, 1940; disappeared and presumed dead July 1979) was a Scottish naval officer, a writer of thriller novels, and a screenwriter for British television. His first novel, A Slaying in September, was published in 1967. , IFAC public sector committee chairman, points out that the guidance was necessary because "although great similarities exist between the public and private sectors, a number of governmental cost accounting issues have not been dealt with comprehensively in the current literature." For more detailed information, go to www.ifac.org See .org. (networking) org - The top-level domain for organisations or individuals that don't fit any other top-level domain (national, com, edu, or gov). Though many have .org domains, it was never intended to be limited to non-profit organisations. RFC 1591. . |
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