Accounting for infrastructure assets in the public sector: The state of the art in academic research and international standards setting

Accrual Accounting at Different Levels of the Public Sector: A Systematic Literature Review

“…2021) and infrastructure assets (Lombardi et al. 2021), as well as how change agents problematise the situation to influence PSAA adoption (Christensen and Rocher 2021). ‘Soft’ evidence via an opinion survey of the perceived benefits of PSAA continues to be used in a study by Poljašević et al.…”

“…Nonetheless, we believe that ours is a comprehensive review that examines PSAA adoption at various levels of governments worldwide over the period studied. Indeed, some of the more recent papers which are not covered in our sample of analysed literature revolve around issues articulated in our review such as the extant problems in recognising and valuing heritage assets (Wolf et al 2021) and infrastructure assets (Lombardi et al 2021), as well as how change agents problematise the situation to influence PSAA adoption (Christensen and Rocher 2021). 'Soft' evidence via an opinion survey of the perceived benefits of PSAA continues to be used in a study by Poljašević et al (2021).…”

Editorial: IPSASB and academia: a promising co-operation

“…Next, Lombardi et al (2021) provide a concrete illustration of the general considerations above by looking at the specific case of infrastructure assets. In analysing the state of the art of infrastructure assets accounting standards, comparing standards across different countries, they highlight that, both in practice and in the literature, there is still no convergence regarding the best accounting treatment, and describe the main challenges still outstanding in terms of their definition, recognition and measurement.…”

Company liquidity as a reflection of receivables and payables management

“…The resulting values of these indicators predict the current solvency of the company. The following information is provided by the authors: Zalai, 2016; Miah, 2021;Jakubec & Kardoš, 2016;Roca, 2021;Oreský & Rehák 2019;Vlachynský et al, 2009;Wijekoon et al, 2021;Fabus, 2015;Lombardi, et al, 2020;Kajanová, 2014;Mládek, 2005;Miah et al, 2021, Štangová & Hajduchová, 2010Savina et al, 2021;Kajanová et al, 2014. Management of receivables and payables for the company means the financial health of the company, which will ensure the long-term operation of the company. The authors wrote about this idea in their publications: Daniel, 2013;Frintrup, et al, 2020;Gernon & Meek, 2001;Horváthová et al, 2016;Hillebrandt, M. & Leino-Sandberg, 2021;Kainth & Wahlstrom, 2021;Kotulič et al, 2018;Majduchová & Neumannová, 2008;Tumpach, 2006;Majduchova et al, 2020;Pavic, 2020;Riahi-Belkaoui, 2000;Šlosárová & Blahušiaková, 2020;Suhányiová & Fabian, 2010;Suhányiová, et al, 2016;Suhányiová, 2009;Suhányiová, 2011;Silva et al 2021aSilva et al , 2021b.…”