Implementation of accounting reforms

Nasi, Greta; Steccolini, Ileana

doi:10.1080/14719030801928573

Cited by 54 publications

(15 citation statements)

References 27 publications

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“…More generally, even though literature has long discussed the applicability of private-sector accounting practices in the public sector, with valid motivations both in supporting this concept (the so-called sector neutrality: Anthony, 1983;Anthony, 2000; see also Barton, 2011, pp. 422-423) and contradicting it (Broadbent, Jacobs, & Laughlin, 2001;Broadbent & Laughlin, 1998;Carlin, 2006;Carlin & Guthrie, 2003;Ezzamel, Robson, Stapleton, & McLean, 2007;Lapsley, 1999;Nasi & Steccolini, 2008;Olson, Humphrey, & Guthrie, 1998;ter Bogt & van Helden, 2000), in the specific case of CFS some problems can arise, concerning both the consolidation theory and approaches to be used in defining the consolidation area. These theories and approaches, in turn, refer to the decision-making or accountability reasons, requiring a clarification concerning the goals of the CFS in the public sector.…”

Section: Consolidation Theories and Approachesmentioning

confidence: 95%

Public-Sector Consolidated Financial Statements: An Analysis of the Comment Letters on IPSASB’s Exposure Draft No. 49

Bisogno

Santis

Tommasetti

2015

International Journal of Public Administration

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Public sector consolidated financial statements can be drafted according to different approaches, especially the “control approach” or “budgetary perspective.” Considering the growing importance of the International Public Sector Accounting Standards (IPSAS) in the international scenario, the aim of the article is to investigate these approaches through an analysis of the comment letters submitted to the Exposure Draft no. 49, which will replace the current IPSAS 6. The main finding concerns the acceptance of the key role played by the control approach, even though it needs to be better specified, in order to take into account the public sector characteristics

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Section: Consolidation Theories and Approachesmentioning

confidence: 95%

Public-Sector Consolidated Financial Statements: An Analysis of the Comment Letters on IPSASB’s Exposure Draft No. 49

Bisogno

Santis

Tommasetti

2015

International Journal of Public Administration

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“…The cash accounting system, which established the managerial culture of public administrations, is essentially based on a process of allocating financial resources according to an economic rationality criterion that guides the assumption of the political-managerial choices. For the main aspects, this system is suitable for the nature and purposes of the local authority, which are characterized by the accounting management of the traditional income and expenditure phases [77][78][79]. The results of the accrual accounting would constitute an enrichment of the cash accounting system by analyzing the essence of the phenomena in their temporal economic interdependencies.…”

Section: The Evolution Of the Italian Local Authorities Accounting Symentioning

confidence: 99%

Managerial Reporting Tools for Social Sustainability: Insights from a Local Government Experience

Cardillo

Longo

2020

Sustainability

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The paper is a country-specific study that explores the potential points of connection between the sustainable territorial development goals and managerial tools in the context of local authorities. In particular, the purpose of this research is to propose a set of features and criteria to evaluate the contribution of accounting documents to the pursuit, development and strengthening of social sustainability. As part of traditional accounting systems, social reporting is essential to support policy makers’ decisions in promoting social sustainability and in evaluating the effects of their choices within the institution and externally towards citizens and various stakeholders. To this end, we present a leading case study of a medium-sized Italian local authority’s accounting system in which the contributions and limits of managerial tools to social reporting are analyzed. The case study allows us to have a deeper understanding of social reporting and to get insights about issues that matter to social sustainability assessment in public administration. Since the reporting tools comply with international accounting standards, the case study offers interesting food for thought in the international debate on the assessment of sustainability in public organizations. The results identify the areas of complementarity and critical issues between social reporting and traditional accounting systems. Therefore, they enhance our knowledge about the role of public accounting system in supporting sustainable territorial development policies and programs through managerial tools’ adoption.

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“…Traditional government accounting, focused on the budget and mainly aimed at ensuring compliance with legal requirements, has proved inadequate in addressing the new challenges of public governance. In consequence, important reforms have been implemented in various countries (Caba and Lo´pez, 2007;Nasi and Steccolini, 2008), in order to develop a public accounting system that is more informative and useful for decision making and accountability (Lu¨der, 1992).…”

Section: Introductionmentioning

confidence: 99%

The development of public accounting transparency in selected Arab countries

Abushamsieh

López‐Hernández

Ortiz-Rodríguez

2014

International Review of Administrative Sciences

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The aim of this article is to analyse the level of public financial information disclosed by certain Arab countries in the Middle East, in view of calls for greater transparency and international trends in this respect. Accordingly, we examined the financial reports published online by the selected countries, contrasting them with the financial statements and contents proposed in the International Public Sector Accounting Standards (IPSAS) issued by the International Federation of Accountants. The results show that the Arab countries analysed present a low level of public financial information. They all present similar degrees of compliance with IPSAS 1 and 2. Nonetheless, we can observe that aid-receiving countries are implementing the policies stipulated in the international recommendations in response to the demands of donors and international agencies. Countries with oil revenues experience less pressure to implement the IPSAS. Points for practitioners The findings of this article may be of interest to public managers in all the selected Arab countries, especially those in the public administrations of the Gulf Cooperation Council countries and to consulting companies in the Gulf region. The analysis made of financial legislation and of the IPSAS 1 and 2 indexes for the selected countries may encourage them to initiate a process of financial reforms.

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Implementation of accounting reforms

Cited by 54 publications

References 27 publications

Public-Sector Consolidated Financial Statements: An Analysis of the Comment Letters on IPSASB’s Exposure Draft No. 49

Public-Sector Consolidated Financial Statements: An Analysis of the Comment Letters on IPSASB’s Exposure Draft No. 49

Managerial Reporting Tools for Social Sustainability: Insights from a Local Government Experience

The development of public accounting transparency in selected Arab countries

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