Primary purpose of public accounting

 

. What is the primary purpose of public accounting?
2. What is the main difference between public and private sector accounting?
3. What is the difference between the general ledger and subsidiary ledgers?
4. What is contained in a ‘fund balance’?
5. Why is ‘double-entry accounting’ still used in public organizations?

 

Our customer support team is here to answer your questions. Ask us anything!