Pearson Education Malaysia

Public Sector Accounting: Malaysian Context, Third Edition is structured to cover accounting practices adopted by the Malaysian public sector in a comprehensive manner. Each chapter is supplemented with tables, diagrams and review questions that can be used to enhance the readers’ understanding on public sector accounting. Forms used by government agencies such as program agreement report and output specification form are also included as reference materials in the appendices. With an optimum blend of theory and application, the book is divided into five sequenced parts:

Part One: Introduction-introduces readers to the conceptual framework of public sector accounting and the financial systems and procedures of the Malaysian public sector.

Part Two: Management Accounting-covers the general requirements on management accounting in the public sector. This part further explains the role of management accounting and budgeting in the public sector, various budgeting system used in the Malaysian public sector including Micro Accounting System.

Part Three: Financial Accounting-discusses the government accounting for receipts and payments, and the preparation of annual financial statements of the public sector agencies. This part also highlights the differences between the accounting concepts and operations of the commercial and the public sector.

Part Four: Audit and Accountability-reviews the statutory requirements and audit procedures in the public sector. It also discusses issues relating to the types, components and problems in achieving public accountability.

Part Five: Accounting Practices and Development in Public Sector-explains the evolution in improving the accounting operations through the introduction of Standard Accounting System for Government Agencies (SAGA), Government Financial Management Accounting System (GFMAS) and electronic government. It also highlights other computerized accounting systems implemented in government agencies.