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:
“So, my sweetheart back home writes to me and wants to know what this gal in Bombay’s got that she hasn’t got. So I just write back to her and says, “Nothin’, honey. Only she’s got it here.””
—Alvah Bessie, Ranald MacDougall, and Lester Cole. Raoul Walsh. Sergeant Tracey, Objective Burma, to a buddy (1945)
“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)
“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)