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https://www.um.edu.mt/library/oar/handle/123456789/143642| Title: | The measurement of income and expenditure : comparing Public Accounts and National Accounts |
| Other Titles: | Measurement in public sector financial reporting : theoretical basis and empirical evidence |
| Authors: | Dabbicco, Giovanna Caruana, Josette |
| Keywords: | Finance, Public -- Accounting National income -- Accounting Comparative accounting Finance, Public -- Accounting -- Standards Expenditures, Public -- Accounting Accrual basis accounting |
| Issue Date: | 2023 |
| Publisher: | Emerald Publishing Limited |
| Citation: | Dabbicco, G., & Caruana, J. (2023). The measurement of income and expenditure: comparing Public Accounts and National Accounts. In J. Caruana, M. Bisogno, & M. Sicilia (Eds.), Measurement in Public Sector Financial Reporting: Theoretical Basis and Empirical Evidence (pp. 105-129). United Kingdom: Emerald Publishing Limited. |
| Abstract: | The objective of this chapter is to compare the measurement bases of income and expenditures found in International Public Sector Accounting Standards (IPSAS) used in Public Accounts with those in the statistical rules used in National Accounts/Government Finance Statistics (GFS). Both frameworks apply an accrual methodology, but, while some governments appear dubious about adopting the IPSAS framework, the National Accounts framework is more ‘tried and tested’ for government financial reporting on an international scale. The practical application of the accrual methodology in the two frameworks differs to a certain extent. These differences provide learning opportunities for both frameworks. |
| URI: | https://www.um.edu.mt/library/oar/handle/123456789/143642 |
| Appears in Collections: | Scholarly Works - FacEMAAcc |
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| File | Description | Size | Format | |
|---|---|---|---|---|
| The measurement of income and expenditure comparing Public Accounts and National Accounts.pdf Restricted Access | 607.29 kB | Adobe PDF | View/Open Request a copy |
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