Private standards in public places
Undre pressure from the government, the public sector has had to learn new ways of accounting - becoming commercial and customer driven, just like the private sector.
Rapid change, business re-engineering and strong commercial values are three concepts rarely associated with the public sector. Yet all have taken their place in town halls, hospitals, schools and housing associations across the country over recent years as public bodies become more like private sector organisations.
This week AccountancyAge.com features an analysis from our sister publication Financial Director on the extent of the convergence between the roles of private and public sector accountants.
To read the article, click here.