4 paragraphs found
… public sector auditor may highlight significant financial sustainability issues relating to an individual or group of … public sector agencies. Though reporting on these financial sustainability issues may be deemed in the public interest, …
… service delivery, rather than around the financial sustainability of the public sector entity. …
In assessing the appropriateness of the going concern basis of accounting in the public sector, consideration of whether the functions provided by the public sector entity will continue within government, even if not within that entity if it is abolished, …
Some of these entities may not be financially sustainable on their own and be reliant or semi-reliant on government funding to continue operating in a competitive market. For example, certain Public Corporations that provide essential public services may …