Debating the Impact of Accrual Accounting and Reporting in the Public Sector

Carlin, Tyrone M.

doi:10.1111/j.0267-4424.2005.00223.x

Cited by 195 publications

(226 citation statements)

References 59 publications

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“…The recent global financial crisis and the severe fiscal constraints being experienced by many government has underscored the need for governments to transparently report all their assets and liabilities (Izedomni et al, 2013). The introduction of IPSAS formed an important part of public sector reforms and is a centrepiece of the global revolution in government accounting and in response to calls for greater government financial accountability and transparency (Chan, 2008;Carlin, 2005). Thus, IPSAS have become de facto international benchmarks for evaluating government accounting practice worldwide (Chan, 2008).…”

Section: Introductionmentioning

confidence: 99%

The Effect of Adoption of International Public Sector Accounting Standards on Quality of Financial Reports in Public Sector in Kenya

Opanyi

2016

ESJ

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Quality financial reports plays significant role in accountability of government to their citizens and how it meets its financial management responsibilities. The introduction of IPSAS formed an important part of public sector reforms and followed a global trend in government accounting in response to calls for greater government financial accountability and transparency which is a fundamental principles of democracy. This study focused on effect of adoption of IPSAS on quality of financial reports in meeting the criteria for decision usefulness. The design of this study was the descriptive survey design while the target population was the 19 ministries of the national government in Kenya. Data was collected using secondary means and was analysed using descriptive statistics and t-test for differences. The study indicated enhancement in the quality of characteristics of comparability, relevance, timeliness and faithful representation by adoption of IPSAS while the quality of characteristics of understandability declined. The study also showed no significant difference in items pertaining to transparency and accountability indicating that the goal for government reforms in achieving greater transparency and accountability may not be fully achieved. The study also revealed that adoption of IPSAS is adjudged to have moderate effect on quality of financial reports in public sector in Kenya using a 5 point likert scale. The study concluded that there exist statistically significant difference between old accounting standard-based financial reports and IPSAS-based financial reports in meeting the criteria for decision usefulness as revealed by paired-sample t-test.

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Section: Introductionmentioning

confidence: 99%

The Effect of Adoption of International Public Sector Accounting Standards on Quality of Financial Reports in Public Sector in Kenya

Opanyi

2016

ESJ

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“…The adoption of accrual basis versus the cash basis in the public sector is one of the most topics debated by researchers (for example, Kwon, 1990;Guthrie, 1998;Reichelsten, 2000;Chan, 2003;Carlin, 2005;Christiaens & Rommel, 2008;Wynne, 2008). It can be asserted that, to a certain extent, the accrual basis can also be implemented in the public sector, however, it is not possible to abandon the cash basis, and it is necessary to have both accounting systems, side by side.…”

Section: The Application Of Ifrs Accrual Accounting For the Public Sementioning

confidence: 99%

Financial Reporting Dilemmas for the Maltese Local Government

Caruana¹,

Mattei²

2017

JMAA

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Maltese Local Councils are required to prepare financial reports compliant with International Financial Reporting Standards (IFRS). Through documentary research, this study examined the suitability of this requirement and implications for institutional relationships. This study showed that IFRS statements are problematic to produce and interpret at the local level of government, and that, on their own, they are undermining the control needs of the Central Government. This study highlighted the important role of financial reporting for accountability by showing that the use of financial reporting systems that do not fit the reporting entity may actually lead to avoidance of accountability by mystifying reality.

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“…Empirical research that seeks to understand how HRM relates to organizational renewal in the public sector needs to be guided by a concept that theorizes the scale, pace and sequencing of change processes, in particular when the case of accounting change is considered (Amis et al 2004;Liguori and Steccolini 2012;Carlin 2005). This is termed as the contextual analysis, as it is directed to investigate how exogenous as well as endogenous forces shape the character of (accounting) change processes in public service organizations, and in local governments, respectively.…”

Section: Contextual Analysis: Archetypes Of Accounting Changementioning

confidence: 99%

HR development in local government: how and why does HR strategy matter in organizational change and development?

Bruns

2014

Bus Res

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Human resource (HR) management has been proposed as being one of the core drivers of the modernization of the public sector, in particular with reference to the changing nature of people management and ‘HR-public service partnerships’ as an antecedent capacity of modernizing public service organizations. Notwithstanding the ongoing interest in the transformation of HR systems, this study explores how and why such relationships between HR management (HRM) and organizational change emerge. Considering a resource and capability-based approach, the analysis reveals strategic HRM practices as a useful concept to distinguish HR activities and the processes that are occurring when a HR strategy is performed. Moreover, using a multiple case study design, the study exhibits the antecedents and effects of HR strategy formation during accounting change in six German local governments. The results provide evidence that forces of either strategic or administrative patterns of alignment refer to different layers and the sequencing of HRM activities within a process of HR system change, thereby revealing the possibility of contradictory effects induced by HR change agency on either the ‘HR’ or the ‘public service’ side of the strategic coin.

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Debating the Impact of Accrual Accounting and Reporting in the Public Sector

Cited by 195 publications

References 59 publications

The Effect of Adoption of International Public Sector Accounting Standards on Quality of Financial Reports in Public Sector in Kenya

The Effect of Adoption of International Public Sector Accounting Standards on Quality of Financial Reports in Public Sector in Kenya

Financial Reporting Dilemmas for the Maltese Local Government

HR development in local government: how and why does HR strategy matter in organizational change and development?

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