دانلود رایگان مقاله انگلیسی صورت های مالی تلفیقی - یک چالش تازه برای مدیریت بخش دولتی - الزویر 2017

Abstract

Purpose – Considering the worldwide importance granted to this topic, the purpose of this paper is to analyze, through a detailed pyramidal analysis, the intention of International Public Sector Accounting Standards (IPSAS) to respond better to the public sector characteristics. Design/methodology/approach – The research methodology combines content analysis with the comparative and interpretive method, and also some statistical methods such as residual analysis, association coefficients, that come to bring added value to the public sector literature. Findings – The main findings of the research concern the appreciation of consolidation approach in the public sphere under a dual aspect. The first one is theoretical, by presenting the evolution of the concept in literature, and the second one is empirical, by analyzing how IPSAS correlates with International Financial Reporting Standards (IFRS), how the Exposure Draft 49 (ED 49) respondents perceive its content and implications, along with the extent to which the publication of IPSAS 35 took into account the exposure draft stage. In the authors’ opinion, the study manages to capture, theoretically and empirically, the evolution and the stage of consolidation in the public sector. The main results of the study lie in the combination in the empirical sphere of the content analysis with the mathematical and statistical methods, in order to assess the correlation IPSAS/IFRS, the responses to ED 49, but also the influences on the final version of IPSAS 35. Research limitations/implications – The main limitations of the study are: the diversity of the received responses to ED and the number of comment letters submitted by the respondents. Practical implications – The study addresses to a broad range of users: theoreticians, practitioners or professional bodies/legislators who will have a basis for analyzing what the acceptance and inclusion of IPSAS 35 in the national accounting rules would mean. Social implications – The paper offers the possibility to understand the evolution of the concept of public sector consolidation. Originality/value – The first originality aspect is revealed by the theoretical documentation and the second one lies in the combination of the empirical sphere of the content analysis with the mathematical and statistical methods.

5. Debates and conclusions

Among the reasons underlying the transformation of the public sector, Wood and Gray (1991) notice the interdependence of resources, social accountability, strategic improvement, environmental impact, operational efficiency and domain/area influence. The aim of reforms in the public sector is to overcome the bureaucratic obstacles, so that managers have the opportunity to use limited resources more efficiently (Pina and Torres, 2003).

One possible response to these requirements is represented by the CFS, which can ensure an increasing transparency and accountability, principles that are essentials in the public sector. Through multiple comparisons we have managed to show that, at least in the case of CFS, the public sector regulation becomes more aware of the informational need of the public sector.

IPSASs on CFS are issued with the aim to improve the quality of general purpose financial reporting by public sector entities, public system organizations, governments and other non-profit organizations, including quangos.

For CFS purpose, the single criterion took into consideration for inclusions is control, as defined by IPSASB. Being aware of the huge variety of characteristics and categories of public entities, CFS guideline is focused on explaining the control criteria considered most covering, broader form the reporting entity’s point of view. There is a control, when the reporting entity is exposed, or has rights, to variable benefits from its involvement with the other entity and has the ability to affect the nature or amount of those benefits through its power over the other entity. Then each element of the definition is explained. Power consists of existing rights that give the current ability to direct the relevant activities of another entity. The guideline underlines the fact that an entity shall consider all facts and circumstances when assessing whether it controls another entity