2.5 Public Sector Accounting and Finance

The Public Sector Accounting and Finance module (Paper 2.5) is part of the Skills Level (Level 2) in the ICAG professional qualification syllabus. It builds on foundational concepts from the Knowledge Level, focusing on applying accounting and finance techniques in the public sector context to support financial reporting, budgeting, procurement, risk management, and accountability in government and related entities. Below is the syllabus coverage in tabular form, including main topics and their approximate weightings (guiding study time and exam mark allocations).