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Main Page FAQs Strategic Financial Management Division Why must there be Revenue and Expenditure Codes as outlined in the Treasury Circular No. 5 Of 2004?
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Treasury Instruction 41 specifies that the generation of revenues and expenses classification codes are not possible except with the approval of Treasury. The objectives of this classification are as follows:


 (i)To facilitate the process of recording and to generate periodic reports;

 (ii)To enable detailed information collected for the purpose of revenue and expenditure analysis;

 (iii)To meet the needs of the accounting system implemented by the Accountant General; and

 (iv)To meet the requirements of the Statistics Department in the preparation of a more complete National Accounts.


Last Updated on Monday, 26 March 2012 18:28
 

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