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College of Service Business , Sokolac - East Sarajevo , Bosnia and Herzegovina
College of Service Business , Sokolac - East Sarajevo , Bosnia and Herzegovina
Independent University of Banja Luka , Banja Luka , Bosnia and Herzegovina
The current trend of change at the global level in the political, social, economic and institutional spheres could not remain without influence on nation states and thus on the public sector. All these new conditions, phenomena and events define the new environment in which the state or the public sector operates. There is no possibility for the public sector to avoid trends and not react to changes in the environment. Any change in the environment, to a greater or lesser extent, requires public sector management to find a socially, economically and politically adequate and sustainable way to adapt. Public sector accounting plays a key role in the adaptability of the public sector to the environment.
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