Author: Peace Jenner Varde

The commitment basis of government accounting helps in budget control. It helps those in charge of governance to know what expenditures are to be committed in a particular period. Therefore …

In public sector accounting, the use of cash basis accounting is very common. This might be because of the ease of application. It allows a primary school certificate holder to …

The audit report is a letter that states the opinion of the auditor regarding its examination of the financial statements. It gives him or her to express his professional view …

The benefits of cost accounting cannot be denied. However, there are disadvantages or limitations to establishing a costing information system. This is more pronounced if the information system of the …

External information for performance management is organized from the business environment. The data collected is used for planning, decision-making, and controlling business processes and resources to achieve organizational goals and …

Will you choose the institute of chartered accountants of Nigeria (ICAN) over the Association of certified chartered accountants (ACCA)? That’s a personal choice. But this article shows their differences. In …

ICAN presidents are voted in for the period of one year. Since 1975 when the institution was established, 57 persons have held the role. A few days back, a new …

The International public sector statement of accounting standards board (IPSASB) is calling on the finance professionals to respond to its latest exposure draft ED81. The ED is available for comment …

Although taxes have their benefits, there are certain disadvantages you should know about. That’s what we will discuss in this article. One necessary disadvantage of paying tax is that it …

Internal Users of public sector accounting (PSA) are those whose decisions cannot affect the government business enterprises or MDAs negatively. For example, the decision of the president of a country …

Bisola was asked in a government accounting class to list the internal and external users of public sector accounting information. This wasn’t a very difficult task for her, since she …

Public sector accounting primary objective is to ensure transparency and accountability of government and those they appointed over ministries, departments, and agencies. Of course, citizens need to know how their …

Government accounting or PSA is guided by certain principles. Here, we will examine 13 such principles. Many of these principles will be discussed separately later on. And many of them …

The term auditing has been defined and explained. So, let’s move forward to explain the types of auditing that exist. You can decide to be one of them by pushing …

Audit or auditing refers to observing and examining accounting records, financial reports, and other statutory items that have an impact on an entity. In doing so, the auditor has a …

ICAN remains the umbrella body for the accounting profession in Nigeria. It conducts the accounting Technician Scheme and the institute of chartered accountants exams. On completion of ATS, you will …

Knowing your financial status either as a student or a member of ICAN and ACA or ATS and AAT is important. You need to know if you’re financially up to …

Are you through with your secondary school education in Nigeria? Do you have a goal of becoming an accountant? Are you working on getting into the university or other higher …

The Accounting Technician Scheme West Africa has its subscription fees paid annually by students as well as examination fees. After induction, you will pay a certain fee every year for …

If you have read my last three articles, the term financial resources were used frequently. This term became an issue for Bola, but the lecturer has requested that she research …