Work

Reconciliation of budgeting and accounting

Year: 2021

Type: article

Abstract: IMPACTUsing an archival study of financial statements prepared in accordance with International Public Sector Accounting Standards (IPSAS), this article reports on inconsistent practices and the lack of explanation of the differences between budget execution and accrual accounting. If the recommendations in this article are followed, public sector financial statements will be more accessible and comparable, adding to the credibility of public sector financial reporting.

Source: Public Money & Management

DOI: 10.1080/09540962.2021.2000693

Author: Frans D. J. van Schaik

Institution: University of Amsterdam

Language: English

Topic: Accounting Theory and Financial Reporting

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: hybrid

OpenAlex ID: W3216183193

FWCI: 3.888

Cites: 24

Cited by: 21

Related to: 10