Prerequisites for applying accrual accounting in the public sector

Lande, Évelyne; Rocher, Sébastien

doi:10.1080/09540962.2011.573241

Cited by 23 publications

(24 citation statements)

References 6 publications

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“…This result is similar to the results for the previous scenario and may be indicative of the greater knowledge and training levels of the preparers in relation to external users. Training of the entire team involved in the process of adopting accrual basis accounting, especially auditors (classified as external users in this research), has been identified by Land and Rocher (2011) as an important environmental factor for the successful adoption of this accounting system. Consistent with the findings of Kober et al (2010), the results of this study indicate that, despite different perceptions among user groups (internal and external users and preparers) of the usefulness of accounting information in the public sector, all groups share the view that financial information based on accrual basis accounting is particularly important for most decision-making scenarios.…”

Section: Resultsmentioning

confidence: 99%

“…Full accrual basis accounting methods, which are often used in the private sector, are rare in the public sector (Land & Rocher, 2011). IFAC (2011) recognizes modified cash and modified accrual basis accounting methods as intermediate stages between cash and accrual basis accounting systems.…”

Section: Accounting Methods In the Public Sectormentioning

confidence: 99%

“…Preparers generally rated the potential for accrual basis accounting to generate improved information for decision-making more highly than internal and external users. Additionally, these results suggest that managers should focus on the activities on other stakeholders (internal and external users) during the NBCASP implementation process to increase acceptance of the new accounting paradigm (Land & Rocher, 2011).…”

Section: Final Considerationsmentioning

confidence: 99%

“…We also aimed to provide information that would assist in the management and evaluation of the implementation of an accrual basis accounting system in Brazil. In particular, we aimed to determine whether the new system is being adopted only because of a mandatory requirement or pressure from international organizations (Land & Rocher, 2011) or because of a genuine belief that accrual based accounting will have informational benefits for decision-making.…”

Section: Introductionmentioning

confidence: 99%

“…The adoption of accrual basis accounting in the public sector involves changes in information technology or the introduction of new technology, cultural changes, considerable investment in information systems, and the development of appropriate skills for preparers and users (Land & Rocher, 2011). The OECD (1993) warns that the introduction of such a system entails substantial investment and demands a change in the management culture of public agencies in terms of understanding how to use additional information, understanding the potential benefits provided by the new system, accepting of the system's validity, and committing to making the shift to the new system.…”

Section: Introductionmentioning

confidence: 99%

See 4 more Smart Citations

O regime de competência no setor público brasileiro: uma pesquisa empírica sobre a utilidade da informação contábil

Sousa

Vasconcelos

Caneca

et al. 2013

Rev. contab. finanç.

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This study examined the perceptions of internal and external users and preparers of accounting information in the Brazilian public sector regarding a change to an accrual based accounting system and the potential for such a system to provide informational benefits to decision-makers and managers of public entities. An exploratory survey was conducted using the methodology proposed by Kober, Lee, and Ng (2010), and the data were statistically analyzed using Wilcoxon and Mann-Whitney tests. The results indicated that the survey respondents perceived accrual basis accounting as having the potential to provide informational benefits for decision-making within governmental agencies. This result suggests that the adoption of this new accounting system is not entirely driven by a mandatory requirement or pressure from international institutions. Differences in levels of perceived usefulness among different respondent groups suggest that actions taken by the managers of the Brazilian Accounting Standards Applied to the Public Sector (Normas Brasileiras de Contabilidade Aplicadas ao Setor Público -NBCASP) to improve dissemination of information and implement training programs may be paying off because internal and external users were more likely than other respondents to perceive accrual basis accounting as having high potential for generating information for decision-making. Additionally, these results indicate the need for NBCASP managers to focus the implementation process on the activities of other stakeholders (internal and external users) to generate an environment that is receptive to this new paradigm.

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Section: Resultsmentioning

confidence: 99%

Section: Accounting Methods In the Public Sectormentioning

confidence: 99%

Section: Final Considerationsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

O regime de competência no setor público brasileiro: uma pesquisa empírica sobre a utilidade da informação contábil

Sousa

Vasconcelos

Caneca

et al. 2013

Rev. contab. finanç.

View full text Add to dashboard Cite

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Corporate social responsibility, stakeholder engagement, and universities: New evidence from the Italian scenario

Aversano

Carlo

Sannino

et al. 2020

Corp Soc Responsibility Env

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This paper aims at analyzing the connection among the corporate social responsibility (CSR), stakeholder engagement and universities, proposing the analysis of universities' financial reporting to draft their third mission and social impact. Particularly, our analysis is based on the sensitivity demonstrated by the Italian public universities in terms of transparency on issues of social responsibility with reference to the heritage assets' reporting and disclosure. We used a qualitative methodology, adopting the content analysis to collect data from the financial reporting of all Italian public universities. Our findings show as heritage assets represent the strategic area for the assessment of the third mission and social impact by the Italian universities even if the level of their disclosure seems low. Evidence of our paper is directed to support the academic community, practitioners, and policymakers proposing a new theoretical and practical advance of the CSR and stakeholders engagement' studies.

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