n IMFO : Official Journal of the Institute of Municipal Finance Officers - Accounting standards - ASB issues simplified accounting requirements for employee costs in the public sector
|Article Title||Accounting standards - ASB issues simplified accounting requirements for employee costs in the public sector|
|© Publisher:||Institute of Municipal Finance Officers (IMFO)|
|Journal||IMFO : Official Journal of the Institute of Municipal Finance Officers|
|Publication Date||Autumn 2010|
|Pages||36 - 38|
The Accounting Standards Board recently issued an accounting standard that prescribes how public sector entities should account for their employee costs. This Standard is significantly simpler when compared to current international accounting practices and provides more transparent accounting for these often significant costs.
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