Objective
IPSAS aims to improve the quality of general purpose financial reporting by public sector entities, leading to better informed assessments of the resource allocation decisions made by governments, thereby increasing transparency and accountability.
Read more about this topic: International Public Sector Accounting Standards
Famous quotes containing the word objective:
“Children should know there are limits to family finances or they will confuse “we can’t afford that” with “they don’t want me to have it.” The first statement is a realistic and objective assessment of a situation, while the other carries an emotional message.”
—Jean Ross Peterson (20th century)
“No actual skeptic, so far as I know, has claimed to disbelieve in an objective world. Skepticism is not a denial of belief, but rather a denial of rational grounds for belief.”
—William Pepperell Montague (1842–1910)
“In what does the objective measure of value lie? In the quantum of enhanced and organized power alone, in accordance with what occurs in all occurrence, a will to increase.”
—Friedrich Nietzsche (1844–1900)