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Governmental Financial Reports: Between Variety And Integration

Author

Listed:
  • Andrei R. CRIŞAN

    (Faculty of Economics and Business Administration, BABES-BOLYAI University of Cluj-Napoca, Romania)

Abstract

Governments in general provide two main types of financial information: Government Finance Statistics (GFS), used for macroeconomic analysis and General Purpose Financial Reports (GPFR), more or less according with International Public Sector Accounting Standards, used for making decisions in the public sector entities. The aim of this paper is to make a comparison between GFS and GPFR to extract the similarities and differences between them. The documents of GFS and GPFS will be compared row by row, relieving the common and the different components. Our proposal is to create a unique informational system which generates both GFS and GPFS. This system could bring significant benefits such as saving time or reducing costs.

Suggested Citation

  • Andrei R. CRIŞAN, 2014. "Governmental Financial Reports: Between Variety And Integration," CrossCultural Management Journal, Fundația Română pentru Inteligența Afacerii, Editorial Department, issue 1, pages 55-65, May.
    • Handle: RePEc:cmj:journl:y:2014:i:5:crisan
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    References listed on IDEAS

    as
    1. J. Christiaens & B. Reyniers, 2009. "Impact of IPSAS on Reforming Governmental Financial Information Systems: A Comparative Study," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 09/600, Ghent University, Faculty of Economics and Business Administration.
    2. J. Christiaens & C. Vanhee & F. Manes-Rossi & N. Aversano, 2013. "The Effect of IPSAS on Reforming Governmental Financial Reporting: an International Comparison," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 13/845, Ghent University, Faculty of Economics and Business Administration.
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    More about this item

    Keywords

    Government; Financial reporting; statistics; comparison; IPSAS;
    All these keywords.

    JEL classification:

    • H83 - Public Economics - - Miscellaneous Issues - - - Public Administration

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