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Treasury transitions to accrual-based accounting system

 The National Treasury has commenced the transition from cash-basis accounting to the International Public Sector Accounting Standards (IPSAS) accrual-based system. In a statement on Thursday, October 3, 2024, Treasury PS Chris Kiptoo said the transition will affect the National Government, County Governments, and their respective entities. He said it would ensure greater transparency and accountability Read More

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