The document discusses the selective commercialisation of public-sector accounting and its consequences. It argues that commercialisation has led public-sector agencies to focus more on financial reporting for commercial purposes rather than accountability to citizens. This has shifted the focus from service delivery to profit generation. There are also concerns this could undermine the public accountability of these agencies.
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SELECTIVE COMMERCIALISATION OF PUBLIC-SECTOR ACCOUNTING AND ITS CONSEQUENCES FO
Karan, Ram
Australian Accounting Review; Nov 2003; 13, 3; ABI/INFORM Complete
pg. 15