Conceptualization of Accounting Information System in Public Sector Organizations of Pakistan
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Abstract
This research paper aims to analyze the applicability of accounting information for public sector organizations. The public sector plays a vital role in society, with organizations fulfilling various responsibilities such as public service delivery, advocacy, and community development. Accounting information enables these organizations to effectively manage their finances, assess performance, ensure accountability, and make informed decisions. This paper will explore how accounting information is utilized within these organizations, including its use in financial management, budgeting, performance evaluation, and transparency. Furthermore, it will discuss the challenges associated with applying accounting principles in the public sector context and propose potential solutions to overcome them