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what are the practical issues relating to public sector accounting and finance in a community

what are the practical issues relating to public sector accounting and finance in a community

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Someof the practical issues relating to public sector accounting and finance in a community is discussed below-

  1. Lack of staff- one of the major issues in the public sector is that it is highly understaffed. Thus, it makes working very challenging.
  2. Lack of political support to the public entreprises.
  3. Lack of proper public sector financial infrastructure.
  4. Require proper training of the personnels- for smooth working the community may lack skilled employees, thus require additional training of personals.
  5. Regional language barrier- the official language is set by the central authority. However, the regional varies at the grassroot level, which acts an communication barrier.
  6. Accessibility of suitable standards- the community standards may varry and the community may lack proper standards for the firm towork.
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