Converggncia s Normas Internacionais de Contabilidade Governamental: Annlise e Comparaaao das Estruturas das Normas Brasileiras Atuais e Propostas (Convergence to International Governmental Accounting Standards: Analysis and Comparison of Current and Proposed Brazilian Standards)

2011 ◽  
Author(s):  
Heriberto Henrique Vilela do Nascimento ◽  
Ducineli RRgis Botelho ◽  
Diana Vaz de Lima
Keyword(s):  
Accounting Standards ◽  
Governmental Accounting

Avondale Estates: A Case Study in Governmental Accounting and Auditing—A Historical Approach

2012 ◽  
Vol 27 (2) ◽  
pp. 419-440 ◽  
Author(s):  
Donald L. Ariail ◽  
Joe Durden ◽  
Marilynn Leathart ◽  
Lynette Chapman-Vasill
Keyword(s):  
Public Service ◽  
Historical Perspective ◽  
Accounting Standards ◽  
Financial Statements ◽  
Governmental Accounting ◽  
Accounting History ◽  
Service Role ◽  
Audit Reports

ABSTRACT The 82 years of accounting evolution that separate the audits of 1928 and 2009 under different accounting and auditing standards are examined through a cross-disciplined case study that compares the historical 1928 and the contemporary 2009 financial statements and the accompanying audit reports of Avondale Estates, Georgia. The 1928 and 2009 reports and financial statements of this municipality, along with the municipality's current budget information accessible over the Internet, can be used in a number of ways to enhance the instruction of governmental accounting at the undergraduate, graduate, and doctoral levels. In addition to aiding in the teaching of current governmental accounting standards, the case also can be used to give the student a historical perspective on governmental accounting and the accounting profession. By comparing the accounting and reporting standards used in 1928 and 2009, the student will gain an understanding of the evolution of accounting thought. Moreover, the auditors' reports for the two periods illustrate the historical and continuing public service role of the CPA profession as detailed in ET Section 53 of the AICPA Professional Standards (AICPA 2010). Thus, this case study gives the accounting instructor a useful vehicle for teaching accounting history and thought.

Towards the Modernisation of EU Public Sector Accounting Standards

2018 ◽  
pp. 40-54 ◽  
Author(s):  
Vincenzo Sforza ◽  
Alessandro Mechelli ◽  
Riccardo Cimini
Keyword(s):  
Public Sector ◽  
State Government ◽  
Accounting Standards ◽  
Governmental Accounting ◽  
National Regulation ◽  
Eu Member States ◽  
Public Sector Accounting ◽  
Security Funds ◽  
The Difference ◽  
The Eu

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.

Modifying Local Agency Pavement Management System to Support Governmental Accounting Standards Board 34 Requirements

2003 ◽  
Vol 1819 (1) ◽  
pp. 15-23 ◽  
Author(s):  
Shameem A. Dewan ◽  
Roger E. Smith
Keyword(s):  
Asset Management ◽  
Management System ◽  
Accounting Standards ◽  
Pavement Management ◽  
Pavement Management System ◽  
Local Agency ◽  
Governmental Accounting ◽  
Reporting Requirements ◽  
Asset Management System ◽  
Governmental Accounting Standards Board

The Metropolitan Transportation Commission pavement management system (MTC PMS) has been used by many cities and counties in the United States for more than 15 years. MTC PMS was evaluated to determine the extent to which the software can support the Governmental Accounting Standards Board (GASB) 34 reporting requirements, established in 1999. A local agency PMS can take information from a pavement network database to produce useful reports, which can be utilized jointly with the information from other assets managed by an agency to support the requirements for a comprehensive asset management system and other reporting requirements. The objective of this study was to elaborate GASB 34 requirements for reporting infrastructure assets, examine the capabilities of MTC PMS in supporting those standard requirements, and recommend any modifications of MTC PMS needed to better support GASB 34. It is evident from the study that MTC PMS has the capability, to some extent, of supporting GASB 34 for reporting on a pavement network according to both the GASB 34 reporting methods: the depreciation method and the modified approach. It partially supports the prerequisites for using the modified approach, which require that the managing agency have an asset management system with certain designated characteristics. Some modifications of MTC PMS software were proposed to make this management system more effective as a tool supporting an asset management system and overall GASB 34 requirements.

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