Consolidation in the public sector: a cross-country comparison

The International Harmonization Process of Public Sector Accounting in Portugal: The Perspective of Different Stakeholders

“…On the other hand, this article bridges the gap found in the literature (Oulasvirta, 2014) because it presents a country-specific case explicitly addressing the IPSAS adoption contrary to other papers that mainly present international comparisons regarding the degree of adoption of IPSAS in different countries or organizations (see, for example, Benito, Brusca, & Montesinos, 2007;Christiaens et al, 2010;Grossi & Pepe, 2009;Pina & Torres, 2003;Pina et al, 2009). In addition, this work answers to Potter's call (2005) to study the perspective of different groups of technical experts in identifying the problems to be addressed on (public) accounting reform and in shaping its content.…”

“…The diversity in reformed governmental accounting systems and the growing need for financial and political accountability demands a broader and more complete accounting system (Christiaens et al, 2010;Grossi & Pepe, 2009;Oulasvirta, 2014). Based on the assumption that accounting is increasingly regarded as a social and institutional practice (Hopwood, 1992), researchers are interested in the study about implications of accounting changes not only on the Correspondence should be addressed to Patrícia S. Gomes, Research Center on Accounting and Taxation (CICF), Polytechnic Institute of Cávado and Ave (IPCA), Campus do IPCA, High Management School, 4750-810 Barcelos, Portugal.…”

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

“…We focus on the budgetary and control approaches, due to their diffusion (Grossi & Pepe, 2009;Grossi et al, 2013). Taking into account that a compromise between the underlying accountability and decision-making reasons could be pursued (as in the EU case; Grossi & Soverchia, 2011), a contrast between them can be hypothesized because:…”

Explaining the consolidation of financial statements in the Swiss Federal Government

“…The limited use of consolidated financial statements can be due to some critical issues. The identification of the reporting entity, the definition of the entities to be included in the consolidated financial statement (the area of consolidation), and the selection of the consolidation methods are just some of them (Heald and Georgiu, 2000;Robb and Newberry, 2007;Grossi and Pepe, 2009). Moreover, there are problems to compare consolidated information across different governments and the usefulness for the users, in terms of accountability and transparency, is not always evident (Chow et al, 2007).…”

“…It has to be noticed that IPSAS 6 has defined more control conditions than benefit conditions. Nevertheless, there have to be at least one of the power and one of the benefit conditions for control to exist (Grossi and Pepe, 2009).…”