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Revision question on financial accounting (IPSAS)



 In a move to improve the capacity of government to provide the legislative bodies, citizens, media and other stakeholders with understandable, relevant, reliable, and comparable financial statements, the government of Rwanda has taken the path of adopting the International Public Sector Accounting Standards (IPSAS).

REQUIRED:

Discuss any four benefits that will be achieved by the government of Tanzania in adopting IPSAS.                                                              

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