Public accounting history in post-communist Romania

Nistor, Cristina Silvia; Deaconu, Adela

doi:10.1080/1331677x.2016.1193945

Cited by 10 publications

(8 citation statements)

References 43 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Chan (2016) found that the Chinese government's decision to adopt accrual accounting can be attributed to a desire to counteract local government debt and reduce fiscal risk. Nistor and Deaconu (2016) associated the Romanian adoption of accrual accounting with international managerial public reform and internal factors.…”

Section: Results Of the Systematic Literature Reviewmentioning

confidence: 99%

International Public Sector Accounting Standards (IPSASs): A systematic literature review and future research agenda

2020

View full text Add to dashboard Cite

The development of International Public Sector Accounting Standards (IPSASs) aims at harmonizing public sector accounting at an international level. IPSASs are intended to generate more comparable financial information across national boundaries and minimize differences in countries’ generally accepted domestic accounting principles. Despite the various advantages of adopting IPSASs, the new accounting standards have been accompanied by critiques in terms of implementation costs, lack of pressure, and alignment with public sector specialties. In addition, many countries have refused to adapt their governmental accounting systems to IPSASs. In the last two decades, a plethora of studies has investigated the evolution of an internationally comparable accrual‐based accounting system. This article provides a systematic review of this research. First, it identifies existing knowledge of research on IPSASs, resulting in a sample of 80 journal articles. Second, it structures research on IPSASs with an empirical focus in three main research areas: (a) antecedents of IPSAS adoption; (b) implementation of accrual accounting based on IPSASs; and (c) outcomes of IPSAS adoption. Third, it discusses the shortcomings and gaps in the existing research and develops an agenda for future research.

show abstract

Section: Results Of the Systematic Literature Reviewmentioning

confidence: 99%

International Public Sector Accounting Standards (IPSASs): A systematic literature review and future research agenda

2020

View full text Add to dashboard Cite

show abstract

“…Previous research discussed more on the benefits and usefulness of applying the accrual basis (Monteiro & Gomes, 2013;PwC, 2013;Chan, 2016), obstacles and challenges in the application (Harun & Robinson, 2010), the factors influencing adoption (Adhikari & Mellemvik, 2011;Harun et al, 2012), and provision of information for better decision making (Hyndman & Connolly, 2011). Moreover, previous studies highlighted more on explaining increasing efficiency, transparency, and accountability (Chan, 2016;Hodges & Mellett, 2003;Monteiro & Gomes, 2013;Nistor & Deaconu, 2016). Likewise, Tickell (2010) in Fiji, Tanjeh (2016) in Cameroon, and Azmi and Mohamed (2014) in Malaysia specifically tended to focus on readiness in implementing the accrual system.…”

Section: Introductionmentioning

confidence: 99%

Measuring Impact of the Accrual Accounting Implementation on Fiscal Transparency Quality: A Mix Method Study in Indonesia

Putra¹,

Sulistyowati²

2021

JAI

View full text Add to dashboard Cite

Research aims: This study aims to measure the correlation between the Indonesian government accounting system's accrual basis and fiscal transparency quality. Furthermore, this study deepens the research results through focus group discussion (FGD) at Line Ministries.Design/Methodology/Approach: This study used a mixed method, in which the quantitative approach employed a questionnaire instrument, while the qualitative approach utilized interviews and FGD. This study involved 149 respondents at the accounting unit based on the purposive sampling technique, using questionnaire instruments and interviews with 77 users. Also, this study utilized Structural Equation Modelling (SEM), and the data were then processed through LISREL 8.8 statistical software.Research findings: This study proved that accruals' implementation had a significant positive impact on the quality of government fiscal transparency. The FGD results revealed that accrual accounting practices still referred to the government accounting standards. Meanwhile, the quality of fiscal transparency had been reviewed in advance by the auditor team, and the auditor's recommendations were taken into consideration in determining strategic decisions by estimating the potential risks that would arise.Theoretical contribution/Originality: This study contributes to an extended approach by examining the effect of the accrual accounting application’s effectiveness on the quality of government fiscal transparency. In addition, this study strengthens previous studies by using qualitative approaches through FGD involving units related to institutions and ministries. Therefore, this study’s results provide empirical evidence, which is theoretically very limited.Practitioner/Policy implication: This study contributes as an academic reference to improvements in developing a policy model for the accrual implementation in the government accounting system, especially in Indonesia.Research limitation/Implication: Respondent data for interviews is still limited to the managerial level. Therefore, to obtain more in-depth results, the subsequent study can be conducted at the operational level.

show abstract

“…Due to this lack of accounting harmonization and the presence of urgent financial problems, the European Commission (EC) implemented a project to harmonize public sector accounting in 2013 (EC, 2013; Manes-Rossi et al., 2016a). The introduction of the European Public Sector Accounting Standards (EPSAS) should pave the way to European accounting harmonization (Mann et al., 2019; Nistor and Deaconu, 2016). Although the International Public Sector Accounting Standards Board (IPSASB) has been pushing forward the development of the International Public Sector Accounting Standards (IPSAS) (Sellami and Gafsi, 2019), the usefulness of IPSAS in relation to enhancing public sector accounting is highly controversial.…”

Section: Introductionmentioning

confidence: 99%

“…Government and accounting systems have been changing significantly during recent decades (Manes-Rossi et al, 2016b). In line with the New Public Management (NPM) paradigm and economic rationalities (Nistor and Deaconu, 2016), financial information systems have been aligned towards an enhanced level of accountability and transparency (Brusca et al, 2018;Christiaens et al, 2015). These accounting innovation efforts are associated with the implementation of accrual accounting at the expense of cash accounting in the public sector (Deaconu et al, 2011).…”

Section: Introductionmentioning

confidence: 99%

Towards accounting harmonization in Europe: a multinational survey among budget experts

Frintrup

Schmidthuber

Hilgers

2020

International Review of Administrative Sciences

View full text Add to dashboard Cite

Severe fiscal problems, the insufficient comparability of financial information and increasing demands for better accountability require national governments and international organizations to change their current accounting regimes and to move towards a system of standardized accounting practices. As the International Public Sector Accounting Standards have insufficiently moved Europe towards accounting harmonization in recent years, the European Commission currently aims to suggest the adoption of European Public Sector Accounting Standards. Based on a multinational survey among budget experts, the current article investigates budget experts’ perceptions towards adopting the European Public Sector Accounting Standards. The findings compare attitudes towards new accounting practices and European Public Sector Accounting Standards reform expectations on a comparative basis, and relate them to the current national accounting system and contextual factors. Empirical results indicate great variation in terms of European Public Sector Accounting Standards reform expectations across countries. The study concludes with discussing the implications of the findings for international accounting research, accounting harmonization and the development of a European accounting system. Points for practitioners In this early stage of European Public Sector Accounting Standards development, understanding the factors associated with a country’s decision to adopt them could be helpful for practitioners and professionals. The current study identifies information technology costs as a potential barrier to implementing the European Public Sector Accounting Standards. Politicians and standard setters might take this into account while developing the European Public Sector Accounting Standards. Furthermore, this article reveals that encouraging the voluntary introduction of accrual accounting in the first stage of European Public Sector Accounting Standards development might be the appropriate approach of the European Commission.

show abstract

Public accounting history in post-communist Romania

Cited by 10 publications

References 43 publications

International Public Sector Accounting Standards (IPSASs): A systematic literature review and future research agenda

International Public Sector Accounting Standards (IPSASs): A systematic literature review and future research agenda

Measuring Impact of the Accrual Accounting Implementation on Fiscal Transparency Quality: A Mix Method Study in Indonesia

Towards accounting harmonization in Europe: a multinational survey among budget experts

Contact Info

Product

Resources

About