1.4.3.3Centralised accounting entities - a centralised accounting entity is any accounting entity for whom the Accountant-General has primary responsibility for the transaction processing, recording and reporting functions of that entity. At no stage does this arrangement absolve the Principal Accounting Officer of his/her responsibilities for financial management, in accordance with Paragraph 8.1 of the MAP.
1.4.3.4Self-accounting entities -a self-accounting entity is any accounting entity for whom the Principal Accounting Officer has primary responsibility for the accounting and reporting functions. A list of self-accounting entities is contained in Schedule 1 of the MAP (current at the date of issue of this Manual).
1.4.3.5Exempt entities -an exempt entity is any entity listed in Schedule 2 of the MAP (current at the date of issue of this Manual). These include independent entities and commercial undertakings and entities established under a state resolution or a notification of the Government or under Companies Ordinance, but placed administratively under a Ministry or Division for the purpose of accountability (also refer to Organisational Structure section of Chapter 2 ‘Overview’).
