Please use this identifier to cite or link to this item:
Title: Towards the modernisation of EU public sector accounting standards: Lessons from the reconciliation between national and governmental accounting
Authors: Sforza, Vincenzo 
Mechelli, Alessandro 
Cimini, Riccardo 
Journal: Handbook of Research on Modernization and Accountability in Public Sector Management 
Issue Date: 2018
© 2018, IGI Global. In the field of comparative international governmental accounting research, this chapter participates to the growing debate around the EPSAS-project that according to the EU Commission has a political priority. In this vein, it demonstrates that considering all the governmental subsectors of public administration (central government, state government, local government, social security funds) of the 28 EU Member States, proximity of national regulation to the IPSAS affects the magnitude of total adjustments. These are a proxy of fiscal fragility and are the difference between the non-harmonized data of governmental accounting and the harmonized ESA-2010 national accounting. Findings show that adjustments are significant in magnitude in countries whose regulation has low proximity to IPSAS; opposite, their magnitude is low in countries with high proximity to the IPSAS. Even if they have not provided the anticipated level of harmonisation, the process of modernising the EU public sector accounting standards cannot ignore that the future EPSAS should not diverge much from the IPSAS.
ISSN: 2326-9103
DOI: 10.4018/978-1-5225-3731-1.ch003
Rights: Attribution-NonCommercial-NoDerivatives 4.0 International
Appears in Collections:A1. Articolo in rivista

Files in This Item:
File Description SizeFormat
Chapter in book_preprint accepted version.pdf458.62 kBAdobe PDFView/Open
Show full item record

Citations 20

Last Week
Last month
checked on Nov 27, 2023

Page view(s)

Last Week
Last month
checked on Nov 29, 2023


checked on Nov 29, 2023

Google ScholarTM



This item is licensed under a Creative Commons License Creative Commons