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Those charged with governance and Management

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Those charged with governance and Management

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by AvatarKim Smith.
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  • November 14, 2018 at 10:41 am #484778
    Avatargpkmwanza
    Participant
    • Topics: 1
    • Replies: 0
    • ☆

    I would like to know the difference between those charged with governance and management in the public sector.

    my email is giftpgk@gmail.com, thank you

    November 14, 2018 at 11:19 am #484784
    AvatarKim Smith
    Keymaster
    • Topics: 138
    • Replies: 8470
    • ☆☆☆☆☆

    Please note that answers to posts will only be made here on the forum and not to individual e-mail addresses.

    Auditing in the public sector is not examinable in AA.

    For any organisation “management” means those responsible for the day-to-day operations/activities and “those charged with governance” is the person or body responsible for overseeing the strategic direction of the organisation and its accountability (includes overseeing the financial reporting process).

    For the public sector in the UK, the National Audit Office recommends an audit committee.

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