Professional Level 2 – NBC Institute

PSAF – Nov 2016 – L2 – Q5b – General purpose financial reporting framework,

Identify four major disclosures required in the general government sector's financial statements.

Question

IPSAS 1 Presentation of Financial Statements identifies a complete set of financial statements (under the accrual basis) as a statement of financial position, statement of financial performance, statement of changes in net assets/equity, cash flow statement, and accounting policies and notes to the financial statement.Required:
Identify four major disclosures that must be made in respect of the general government sector in the preparation of financial statements. (4 marks)

Answer

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Tags: Disclosures, Financial Statements, ICAG, Professional Level 2
Level: Level 2

Topic: General purpose financial reporting framework
Series: NOV 2016

PSAF – Nov 2016 – L2 – Q4e – Public Expenditure and Financial Accountability Framework.

Identify four procedures necessary for effective management of public expenditure.

Question

Effective management of public expenditure is an essential mechanism for the effective allocation and the use of public funds to achieve the nation’s policy objectives.

Required:
Identify four procedures necessary for effective management of public expenditure. (4 marks)

Answer

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Tags: Financial management, ICAG, Procedures, Professional Level 2, Public Expenditure
Level: Level 2

Topic: Public expenditure and financial accountability framework
Series: NOV 2016

PSAF – Nov 2016 – L2 – Q5c – Public sector fiscal planning and budgeting

Explain tax policy and tax planning in the context of tax administration in Ghana.

Question

Explain the following terms used in tax administration in Ghana:
i) Tax Policy
ii) Tax Planning
(4 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: ICAG, Professional Level 2, Tax Planning, Tax Policy
Level: Level 2

Topic: Public sector fiscal planning and budgeting
Series: NOV 2016

PSAF – Nov 2016 – L2 – Q5a – Public sector fiscal planning and budgeting

Explain revenue management and identify three procedures involved.

Question

i) Explain the term Revenue Management.
ii) Identify three procedures involved in Revenue Management. (4 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: ICAG, Procedures, Professional Level 2, Revenue management
Level: Level 2

Topic: Public sector fiscal planning and budgeting
Series: NOV 2016

PSAF – Nov 2016 – L2 – Q5b – General purpose financial reporting framework,

Identify four major disclosures required in the general government sector's financial statements.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Disclosures, Financial Statements, ICAG, Professional Level 2
Level: Level 2

Topic: General purpose financial reporting framework
Series: NOV 2016

PSAF – Nov 2016 – L2 – Q4e – Public Expenditure and Financial Accountability Framework.

Identify four procedures necessary for effective management of public expenditure.

Question

Effective management of public expenditure is an essential mechanism for the effective allocation and the use of public funds to achieve the nation’s policy objectives.

Required:
Identify four procedures necessary for effective management of public expenditure. (4 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Financial management, ICAG, Procedures, Professional Level 2, Public Expenditure
Level: Level 2

Topic: Public expenditure and financial accountability framework
Series: NOV 2016

PSAF – Nov 2016 – L2 – Q5c – Public sector fiscal planning and budgeting

Explain tax policy and tax planning in the context of tax administration in Ghana.

Question

Explain the following terms used in tax administration in Ghana:
i) Tax Policy
ii) Tax Planning
(4 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: ICAG, Professional Level 2, Tax Planning, Tax Policy
Level: Level 2

Topic: Public sector fiscal planning and budgeting
Series: NOV 2016

PSAF – Nov 2016 – L2 – Q5a – Public sector fiscal planning and budgeting

Explain revenue management and identify three procedures involved.

Question

i) Explain the term Revenue Management.
ii) Identify three procedures involved in Revenue Management. (4 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: ICAG, Procedures, Professional Level 2, Revenue management
Level: Level 2

Topic: Public sector fiscal planning and budgeting
Series: NOV 2016

Question Tag: Professional Level 2

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PSAF – Nov 2016 – L2 – Q5b – General purpose financial reporting framework,

Identify four major disclosures required in the general government sector's financial statements.

PSAF – Nov 2016 – L2 – Q4e – Public Expenditure and Financial Accountability Framework.

Identify four procedures necessary for effective management of public expenditure.

PSAF – Nov 2016 – L2 – Q5c – Public sector fiscal planning and budgeting

Explain tax policy and tax planning in the context of tax administration in Ghana.

PSAF – Nov 2016 – L2 – Q5a – Public sector fiscal planning and budgeting

Explain revenue management and identify three procedures involved.

PSAF – Nov 2016 – L2 – Q5b – General purpose financial reporting framework,

Identify four major disclosures required in the general government sector's financial statements.

PSAF – Nov 2016 – L2 – Q4e – Public Expenditure and Financial Accountability Framework.

Identify four procedures necessary for effective management of public expenditure.

PSAF – Nov 2016 – L2 – Q5c – Public sector fiscal planning and budgeting

Explain tax policy and tax planning in the context of tax administration in Ghana.

PSAF – Nov 2016 – L2 – Q5a – Public sector fiscal planning and budgeting

Explain revenue management and identify three procedures involved.

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PSAF – Nov 2016 – L2 – Q5b – General purpose financial reporting framework,

Identify four major disclosures required in the general government sector's financial statements.

You're reporting an error for "PSAF – Nov 2016 – L2 – Q5b – General purpose financial reporting framework,"

PSAF – Nov 2016 – L2 – Q4e – Public Expenditure and Financial Accountability Framework.

Identify four procedures necessary for effective management of public expenditure.

You're reporting an error for "PSAF – Nov 2016 – L2 – Q4e – Public Expenditure and Financial Accountability Framework."

PSAF – Nov 2016 – L2 – Q5c – Public sector fiscal planning and budgeting

Explain tax policy and tax planning in the context of tax administration in Ghana.

You're reporting an error for "PSAF – Nov 2016 – L2 – Q5c – Public sector fiscal planning and budgeting"

PSAF – Nov 2016 – L2 – Q5a – Public sector fiscal planning and budgeting

Explain revenue management and identify three procedures involved.

You're reporting an error for "PSAF – Nov 2016 – L2 – Q5a – Public sector fiscal planning and budgeting"

PSAF – Nov 2016 – L2 – Q5b – General purpose financial reporting framework,

Identify four major disclosures required in the general government sector's financial statements.

You're reporting an error for "PSAF – Nov 2016 – L2 – Q5b – General purpose financial reporting framework,"

PSAF – Nov 2016 – L2 – Q4e – Public Expenditure and Financial Accountability Framework.

Identify four procedures necessary for effective management of public expenditure.

You're reporting an error for "PSAF – Nov 2016 – L2 – Q4e – Public Expenditure and Financial Accountability Framework."

PSAF – Nov 2016 – L2 – Q5c – Public sector fiscal planning and budgeting

Explain tax policy and tax planning in the context of tax administration in Ghana.

You're reporting an error for "PSAF – Nov 2016 – L2 – Q5c – Public sector fiscal planning and budgeting"

PSAF – Nov 2016 – L2 – Q5a – Public sector fiscal planning and budgeting

Explain revenue management and identify three procedures involved.

You're reporting an error for "PSAF – Nov 2016 – L2 – Q5a – Public sector fiscal planning and budgeting"

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