Question 2
ICAN
•
2025
•
PUBLIC SECTOR ACCOUNTING AND FINANCE
•
mixed
Case Stimulus
Accountability is an obligation to answer for the execution of one’s assigned responsibilities. It is the requirement to provide explanation about the stewardship of public money and how this money has been used. Accountability, requires government to carry out all aspects of its financial responsibilities with openness, trust, basic values and ethical standards so that its activities are transparent to the public. Where a government has something to hide, public reporting is more likely to be unreliable and less comprehensive in order to obscure material facts. Included in the four IMF Codes of practices and fiscal transparency is assurances of integrity.
Requirements
(
i
)
Identify and explain SIX conditions or measures to be put in place to enhance public accountability.
(
ii
)
From the IMF codes of good practices and fiscal transparency on Assurances of integrity, identify any TWO good practices.
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About This Question
This is
Ican
2025
Public Sector Accounting And Finance
Question 2.
It is one of the
mixed
questions from the
2025
Ican
Public Sector Accounting And Finance
examination.