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Govt moves to enhance efficiency in accounting
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1 Articles
Govt moves to enhance efficiency in accounting
The Malawi Government has intensified efforts to improve efficiency, transparency and the quality of public financial reporting in ministries, departments and agencies (MDAs). Through accrual accounting, government wants to ensure that it records financial transactions when they occur rather than when cash is received or paid. This system will also allow MDAs to capture assets, liabilities, income and expenses. Speaking at the start of a five-we…
·Blantyre, Malawi
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