As part of its preparation to educate its staff on the upcoming convergence from cash to accrual accounting, the Accountants General Office has requested the Accounting Research Institute (ARI) to conduct related training programs for the years 2012 and 2013. The Accrual Accounting training programs for both accounting and non-accounting staff will cover fourteen states (including the federal territory). This nationwide training program will be coordinated by one of ARI's research centres - The Public Sector Accounting Research Centre (PSARC). In implementing the program, ARI will be collaborating with researchers from the Faculty of Accountancy and state campuses of Universiti Teknologi MARA. Today, researchers from ARI met up with officers from the Accountants General Office and the National Institute of Accountants to discuss content details of the training program. Some of the cited reasons for the switch from cash to accrual accounting by the public sector include:
- To provide better quality information to stakeholders
- To improve the quality of financial management
- To increase value for money
- To reduce risk of manipulation
- To enhance compatibility with the national accounts
As part of its preparation to educate its staff on the upcoming convergence from cash to accrual accounting, the Accountants General Office has requested the Accounting Research Institute (ARI) to conduct related training programs for the years 2012 and 2013. The Accrual Accounting training programs for both accounting and non-accounting staff will cover fourteen states (including the federal territory). This nationwide training program will be coordinated by one of ARI's research centres - The Public Sector Accounting Research Centre (PSARC). In implementing the program, ARI will be collaborating with researchers from the Faculty of Accountancy and state campuses of Universiti Teknologi MARA. Today, researchers from ARI met up with officers from the Accountants General Office and the National Institute of Accountants to discuss content details of the training program. Some of the cited reasons for the switch from cash to accrual accounting by the public sector include:
