The IRMA Community
Newsletters
Research IRM
Click a keyword to search titles using our InfoSci-OnDemand powered search:
|
Towards the Modernisation of EU Public Sector Accounting Standards: Lessons From the Reconciliation Between National and Governmental Accounting
|
|
Author(s): Vincenzo Sforza (University of Tuscia, Italy), Alessandro Mechelli (University of Tuscia, Italy)and Riccardo Cimini (University of Tuscia – Viterbo, Italy)
Copyright: 2018
Pages: 15
Source title:
Handbook of Research on Modernization and Accountability in Public Sector Management
Source Author(s)/Editor(s): Graça Maria do Carmo Azevedo (University of Aveiro, Portugal), Jonas da Silva Oliveira (ISCTE – Instituto Universitário de Lisboa, Portugal), Rui Pedro Figueiredo Marques (University of Aveiro, Portugal)and Augusta da Conceição Santos Ferreira (University of Aveiro, Portugal)
DOI: 10.4018/978-1-5225-3731-1.ch003
Purchase
|
Abstract
In the field of comparative international governmental accounting research, this chapter participates to the growing debate around the EPSAS-project that according to the EU Commission has a political priority. In this vein, it demonstrates that considering all the governmental subsectors of public administration (central government, state government, local government, social security funds) of the 28 EU Member States, proximity of national regulation to the IPSAS affects the magnitude of total adjustments. These are a proxy of fiscal fragility and are the difference between the non-harmonized data of governmental accounting and the harmonized ESA-2010 national accounting. Findings show that adjustments are significant in magnitude in countries whose regulation has low proximity to IPSAS; opposite, their magnitude is low in countries with high proximity to the IPSAS. Even if they have not provided the anticipated level of harmonisation, the process of modernising the EU public sector accounting standards cannot ignore that the future EPSAS should not diverge much from the IPSAS.
Related Content
|
.
© 2023.
|
|
.
© 2023.
|
|
.
© 2023.
|
|
.
© 2023.
|
|
.
© 2023.
|
|
.
© 2023.
|
|
.
© 2023.
|
|
|