MoD's accounts system under fire
The Ministry of Defence has failed to solve the ongoing problems that have dogged its campaign to implement resource accounting, according to the National Audit Office (NAO). The NAO's annual report into government departments' accounts revealed that the ministry faced major difficulties a...
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Published in | Financial Management p. 4 |
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Main Author | |
Format | Trade Publication Article |
Language | English |
Published |
London
Chartered Institute of Management Accountants
01.02.2002
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Subjects | |
Online Access | Get full text |
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Summary: | The Ministry of Defence has failed to solve the ongoing problems that have dogged its campaign to implement resource accounting, according to the National Audit Office (NAO). The NAO's annual report into government departments' accounts revealed that the ministry faced major difficulties as it tried to move from a cash-based system to an accruals-based one for its assets. |
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ISSN: | 1471-9185 |