Consolidated Fund - Financial Accounting And Reporting
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Uploaded by TriumphalSonnet8133
2012
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Summary
This chapter outlines fund accounting, its objectives, and characteristics, with emphasis on Consolidated Revenue Account, Consolidated Trust and Consolidated Loan Account. Consolidated Revenue Account accounts for all government revenue and expenditure; Consolidated Trust Account accounts for all receipts and payment of trust money and Consolidated Loan Account accounts for all monies received by way of loan. The document references the Malaysian government and its finances.
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