Accountability and Performance of Public Sector Organisation

The concept of accountability for public funds dates back to the history of ancient Greece. As old as the theory is, it would not be erroneous to say that, the idea has been lost to antiquity, although much is not known about it. This makes the subject government accounting to remain a myth. Public sector Accounting has received a wide attention from scholars that the field scans to be neglected. However, there is general awareness all over the world of the need to pay greater attention to the development of government accounting and financial control (Behn,2001). In the modern era, the responsibility of government has gone amidst maintenance of law and order. The enormous activities of government, which include management of public funds, equally call for enlarge government accounting in order to accommodate the immense task. As a result of this development, the traditional cash procedures of accounting can hardly meet the demands of reasonable accounting for modern government in providing necessary services or information. Therefore, there is need for government accounting to be dynamic in order to accommodate both the fundamental roles and the developments.