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The second edition of Public Sector Accounting and Accountability in Australia is a comprehensive resource on public sector accountability for those who work in the public service, elected representatives and students of the public sector. It's a wide-ranging, up-to-date resource on the practices and institutional arrangements of public sector accountability and the principles that drive public sector reforms in Australia. Like the first edition, it is the authority on Australian public sector accounting and accountability. The new edition introduces more critique of controversial or failed public sector reforms. The authors highlight the problem of applying private sector solutions to public sector problems. This is pertinent at a time when the importance of public financial accountability is underscored as profligate states throughout the world struggle to save not only their economies, but the very fabric of their societies.