2.3.3. SUT model that
would help in promoting economic development progress of Rwanda
SUT is used as a simplified description that captures the
essential elements of an economy and allows analyzing them in a logical way.
Professionals' National accountants depend on economic data. To understand
economic development and to be able to give useful advice to policymakers
macro-accounts simply must have up-to-date and accurate data.
In the broadest form, SUT development encompasses the
development of SUT standards, SUT procedures and practices, development of SUT
legislation, development of SUT professionals and the development of SUT code
of ethics that govern the SUT professionals.
This development has an important influence on the preparation
of accounting information needed by different Policymakers and Decision takers
to enhance economic development within individual entities (micro-level) and
within aggregate entities (macro-level) and more further political leaders and
policymakers also need economic data to help them in their decision and
planning.
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