FUND ACCOUNTING
CHAPTER ONE 1.0 RESEARCH BACKGROUND 1.1 INTRODUCTION The term “fund accounting” is as old as the world itself. The origin of fund accounting could be traced to the parable of talents in the holy Bible (Mathew 25: 14-30) about a man who delivered his goods to three of his servants and travelled to a far country two of them traded with their and made profits while the third went and buried his in ...
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