Recognition for Management Accounting
Article Abstract:
While financial account reporting in the public sector is fairly well-defined and standardized, management accounting reports are not so easily compared. A wide variety of reports on decision-making exist, and standards for preparing these reports have been developed. As opposed to writing guidelines and after observing the success of the Public Sector Accounts Award in achieving improvements in financial reporting, the Chartered Institute of Public Finance and Accountancy in the United Kingdom has established a new award scheme for management accounts reports. Entries can be submitted until March 31, 1984. This will not be a competition like the other award, as criteria have not yet been developed for comparison. The range of reports is wide and all types of submissions will be accepted. The objective is to publish a wide range of reports to assist in better defining criteria for useful management accounting reports.
Publication Name: Public Finance and Accountancy
Subject: Business
ISSN: 0305-9014
Year: 1984
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Government Financial Reporting
Article Abstract:
The London Business School is studying government financial reporting in the United Kingdom. The report is due for completion in April 1984. The purpose of the study is to determine what the users, members of Parliament, financial specialists or interest groups want out of the report, as this is not as clearly definable as it is in the private sector. In the United Kingdom, Members of Parliament are less interested in the documents since they are less powerful than the United States Congress to make any changes. Therefore, the study will include an examination of the international experience. The study will also encompass the scope of information to be included, as it appears that too much information which creates confusion is included now.
Publication Name: Public Finance and Accountancy
Subject: Business
ISSN: 0305-9014
Year: 1984
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Financial Reporting
Article Abstract:
The Chartered Institute of Public Finance and Accountancy of the United Kingdom announced winners of awards at a ceremony on December 6, 1983. The awards were for financial reporting in the public sector. The main trophy was awarded to Jack Barton, Director of Finance and Administration, Cambridgeshire CC. Dame Mary Donaldson (the Lord Mayor of London), Barney Hayhoe MP (Minister of State at the Treasury), Stanley Thomson (Director of Finance, Ford United Kingdom) and CIPFA President Gerald Daniel each addressed the audience on the improvements that have been made in public sector financial reporting in recent years.
Publication Name: Public Finance and Accountancy
Subject: Business
ISSN: 0305-9014
Year: 1984
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