Difference between revisions of "Accountability"
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| − | In general, '''Accountability''' is the willingness to be held to agreed-upon standards | + | In general, '''Accountability''' is the willingness to be held to agreed-upon standards. To be "held accountable" for one's judgments and actions is the mark of a [[professional]]. |
Established experts have historically had a tendency to use their mantle of expertise to "define" the truth, resisting efforts by outsiders to compare their notions or theories to reality (see [[History of science]]). | Established experts have historically had a tendency to use their mantle of expertise to "define" the truth, resisting efforts by outsiders to compare their notions or theories to reality (see [[History of science]]). | ||
| − | In finance, '''Accountability''' is the degree to which it is ensured that an organization's monies are collected and disbursed properly, and that an | + | ==Financial accountability== |
| + | In finance, '''Accountability''' is the degree to which it is ensured that an organization's monies are collected and disbursed properly, and that an [[audit trail]] is kept of all transactions. Under some [[budget]]ing processes and systems, every budgeted dollar is associated with a [[responsibility center]] and a designated manager accountable for the monitoring of expenditures and [[revenues]]. | ||
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== See also == | == See also == | ||
Revision as of 15:32, January 13, 2010
In general, Accountability is the willingness to be held to agreed-upon standards. To be "held accountable" for one's judgments and actions is the mark of a professional.
Established experts have historically had a tendency to use their mantle of expertise to "define" the truth, resisting efforts by outsiders to compare their notions or theories to reality (see History of science).
Financial accountability
In finance, Accountability is the degree to which it is ensured that an organization's monies are collected and disbursed properly, and that an audit trail is kept of all transactions. Under some budgeting processes and systems, every budgeted dollar is associated with a responsibility center and a designated manager accountable for the monitoring of expenditures and revenues.