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The rate of implementation of accrual based accounting in the EU public sector
[Míra implementace akruálního principu v účetnictví veřejného sektoru států EU]

Author

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  • Martin Dvořák

Abstract

The article deals with the extent of using of accrual based financial reporting in public sector of EU member states. The extent is expressed by the number of member states on the one hand and monetarily through budgetary expenditure on the other hand. Besides, the article describes the current attitude and actions of European institutions to introduce the accrual basis in the public sector at EU level. At the same time the article discusses the specific possibilities of implementation of accrual based accounting with the emphasis on introducing the principles based on International Public Sector Standards (IPSAS).

Suggested Citation

  • Martin Dvořák, 2016. "The rate of implementation of accrual based accounting in the EU public sector [Míra implementace akruálního principu v účetnictví veřejného sektoru států EU]," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2016(3), pages 25-37.
    • Handle: RePEc:prg:jnlcfu:v:2016:y:2016:i:3:id:478:p:25-37
    DOI: 10.18267/j.cfuc.478
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    References listed on IDEAS

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    1. Daniela Feschiyan, 2013. "The Process of Harmonization of Public Sector Accounting in the EU," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 4, pages 62-72, December.
    2. Sabrina Bellanca & Loredana Cultrera & Guillaume Vermeylen, 2015. "Analysis of Public Accounting Systems in the European Union," Research in World Economy, Research in World Economy, Sciedu Press, vol. 6(3), pages 23-35, September.
    3. Daniela Feschiyan, 2013. "The International Accounting Standards for the Public Sector and the Process of Harmonization of Accounting in the EU," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 122-144.
    4. Zimmerman, Jl, 1977. "Municipal Accounting Maze - Analysis Of Political Incentives," Journal of Accounting Research, Wiley Blackwell, vol. 15, pages 107-155.
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    More about this item

    Keywords

    Central government; Municipalities; Accounting basis; IPSAS; Státní správa; Samospráva; účetní báze;
    All these keywords.

    JEL classification:

    • H83 - Public Economics - - Miscellaneous Issues - - - Public Administration
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M48 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Government Policy and Regulation

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