Financial Disclosure in Us Municipalities: Has the Governmental Accounting Standards Board Made a Difference?

Allen, Arthur C.; Sanders, George

doi:10.1111/j.1468-0408.1994.tb00228.x

Cited by 11 publications

(12 citation statements)

References 10 publications

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“…On the other hand other studies (e.g. Volmer, 1992;and Coy et al, 1994) used information elements, of which some Giroux, 1989 on how it is shown * Volmer, 1992* Ingram, 1984 Disclosure index on which accounting practice is used * Banker et al, 1989 and thus disclosed * Cheng, 1992* Allen and Sanders, 1994* Coy et al, 1994* Evans and Patton, 1983 Meeting GAAP a requirement and thus providing * Evans and Patton, 1987 additional disclosures * Zimmerman, 1977 Differing accounting practices measured by the degree of audit and the length of the reports were not applicable in certain governments for certain reasons. Consequently, corrections became necessary and additional validity threats could occur.…”

Section: Validity Checks and Limitationsmentioning

confidence: 98%

“…This kind of characteristic was applied as an observable indicator on a number of occasions. Whether or not the Chief Financial Officer participates in the GFOA has been a variable in some studies (Evans andPatton, 1983 and1987;Dwyer and Wilson, 1989;and Allen and Sanders, 1994). The memberships set forward in this study are BIB (the institute of professional bookkeepers) and IDAC (Institute of Accountants).…”

Section: Management Incentivesmentioning

confidence: 98%

“…However, the concept of Ingram's disclosure index 2 (1984) applied in the disclosure of US States, upon which the construct of the compliance index is inspired, has been a milestone in governmental accounting research and has directly or in a modified way been used in a great number of similar accounting studies (Robbins and Austin, 1986;Ingram and Robbins, 1987;Ingram and DeJong, 1987;Banker et al, 1989, Giroux, 1989Cheng, 1992;Volmer, 1992;Allen and Sanders, 1994;and Coy et al, 1994). (See Table 1.…”

Section: Need For a Compliance Indexmentioning

confidence: 98%

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Financial Accounting Reform in Flemish Municipalities: An Empirical Investigation

1999

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This paper examines the cross‐sectional differences in the level of adoption and implementation of the financial accounting reform in Flemish municipalities. For the first time ever in Belgian governments a cash‐based budgetary accounting system is obligatorily being supplemented by an accrual accounting system. This study is based on an empirical analysis of municipal accounting practices and annual accounts 1995 in Flanders. The findings indicate that municipalities are coping with a lot of problems regarding transferability of business accounting and the study reveals significant factors explaining the level of compliance with the reformed accounting regulations.

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Section: Validity Checks and Limitationsmentioning

confidence: 98%

Section: Management Incentivesmentioning

confidence: 98%

Section: Need For a Compliance Indexmentioning

confidence: 98%

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Financial Accounting Reform in Flemish Municipalities: An Empirical Investigation

1999

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“…However, research concerning developing countries and transitional economies adopting and implementing accrual accounting has only begun and has primarily focused on a limited number of country-specifi c cases involving IPSAS standards adoption (Deaconu, Nistor and Filip, 2011, p. 74; Gomes, Fernandes and Carvalho, 2015, p. 268; Oulasvirta, 2014, p. 272). Most of the studies have demonstrated that failure in the disclosure level of the fi nancial reporting is caused by numerous problems that arise during the implementation process (Allen and Sanders, 1994;Ryan, Stanley and Nelson, 2002;Pina and Torres, 2003;Giroux and McLelland, 2003;Coy and Dixon, 2004;Tooley and Guthrie, 2007;Benito, Brusca and Montesinos, 2007).…”

Section: Introductionmentioning

confidence: 99%

The Magic Shoes of IPSAS: Will They Fit Turkey?

Ada

Christiaens

2018

TRAS

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In this study, we seek to further delineate the reasons for the existence of shortfalls in the level of formal and material harmonization regarding the accrual-based rules in International Public Sector Accounting Standards (IPSAS) by analyzing the law, the executive order and the Turkish Central Government Public Reports from 2010 to 2014 (using a mixed method approach). We highlight that coercive pressure itself is insuffi cient for improving substantive performance and changing the internal structures of organizations, instead, such pressures cause decoupling in fi nancial reporting. As a new fi nding in the context of a developing country, we suggest that there are several discrepancies between the law and the executive order. Moreover, we conclude that there are emerging country-specifi c reasons affecting the gap in the harmonization levels, including a lack of social pressure which tends to be prominent in developed countries, state domination over both civic matters and the private sector, and translation problems that arise during the adoption process.

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“…Modern municipal accounting began with the municipal reform movement near the turn of the twentieth century (Allen and Sanders, 1994). 8 Accounting and reporting standards continued to evolve in various stages over the next one hundred years.…”

Section: : Municipal Accounting—an Historical Perspective (1934–84)mentioning

confidence: 99%

The First Quarter Century of the GASB (1984–2009): A Perspective on Standard Setting (Part One)

Roybark

Coffman

Previts

2012

Abacus

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The Governmental Accounting Standards Board (hereafter GASB or Board) was established in April 1984 as the authoritative accounting standard‐setting body for United States state and local governmental entities. There are over 87,000 state and local entities in the country, and for the most part these entities are required to comply with the generally accepted accounting principles established by the GASB; hence, the work of the GASB is significant. On 30 June 2009, the GASB completed its twenty‐fifth year of standard setting. Because of the Board's influence and the importance of its mission, an increased understanding of the GASB and its accomplishments during its first 25 years of existence is important. This is the first of two papers which together provide a complete sequential treatment of the GASB's operational history through the end of its first quarter century. This first paper begins with an historical perspective about municipal accounting issues from colonial times to 1934. The origin of professional self‐determining standards is the feature of the next section, identifying standard‐setting bodies that contributed to municipal accounting from 1934 to 1984. The early activities of the Board are then reviewed. Two appendices are provided to detail the composition of the Board during its first quarter century, along with biographical information about the early Board members and later Chair and Vice Chair personnel. This segment concludes with a review of the relationship of other governmental standard setting bodies at the federal level and the international level.

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Financial Disclosure in Us Municipalities: Has the Governmental Accounting Standards Board Made a Difference?

Cited by 11 publications

References 10 publications

Financial Accounting Reform in Flemish Municipalities: An Empirical Investigation

Financial Accounting Reform in Flemish Municipalities: An Empirical Investigation

The Magic Shoes of IPSAS: Will They Fit Turkey?

The First Quarter Century of the GASB (1984–2009): A Perspective on Standard Setting (Part One)

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