ACCOUNTABILITY

Accountability

Accountability

Introduction

In order to understand the important and essence of accountability, we first need to analyze the basic purpose of accountability. Accountability and transparency are two essential components in which democratic governments are based. By means of accountability, the government bodies do not explain their actions and therefore accepts the responsibility of the thereof. Transparency opens the information to public scrutiny so that those interested can review, analyze and, where appropriate, use it as a mechanism to raise their voices. The democratic government is accountable for reporting or explaining their actions and is ready to show its performance, while undergoing the assessment of citizens. In this paper we will be analyzing the accountability of the government along with differences in accounting for public sector and private sector Corporation in Australia. This paper also includes the differences between the accountability of profit-earning and non-for-profit organizations.

Accountability of Government

In order to understand the government accountability and how the whole structure works, we need to look into the details regarding the structure of government and to whom it is basically answerable to.

The type of Government in Australia

System of government and management of Australia was founded on the principles of federalism and parliamentarianism. In January 1, 1901, six self-governing British colonies - New South Wales, Victoria, Queensland, South Australia and Tasmania - teamed up on a federal basis and formed the Commonwealth of Australia. These six colonies were the first states of the new federal system. In addition to that, they identified two areas - the Northern Territory and Australian Capital Territory, which throughout history were directly subordinated to the national government of the Union, and now have power comparable to the powers of state governments. The institutions of the legislative, judicial and executive branches of the federal government of the Union are concentrated in the capital of the country. Since the formation of a Commonwealth role of the federal government has steadily increased. This was partly due to the adoption of new amendments to the constitution, although in practice to carry out such amendments is difficult: it requires a majority of votes in the referendums in four of the six states, as well as a simple majority of votes at the national level. Only eight of the forty-two proposed amendments to the referendums failed to hold. Some of them, however, strengthened the power of central

The role of judiciary

Being the highest authority and final arbiter on all legal matters, adopted by them for consideration, the High Court plays an important role in the political life of the country. Members of the High Court, Chief Justice and six judges are appointed by the government. Appointed judges may sometimes be associated with a particular party or parliamentary group and the practice of appointing judges helps to prune those candidate members of the High Court that they do not share the office of the tasks of the Supreme Court. However, this does not negate the principle of judicial independence, and many new members of the court, as a rule, have a great practical experience in ...