Public sector accounting in the Czech Republic and Slovakia

Milana Otrusinová ()
Additional contact information
Milana Otrusinová: Professor, Ph.D.; Faculty of Management and Economics; Tomas Bata University in Zlin; Zlin; Czech Republic;

REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, 2016, vol. 2016, issue 27, 30-45

Abstract: This paper briefly outlines the actual situation of accounting reform of public finance. Nowadays, most countries use the accrual principle in various stages of development to ensure the reliability and accuracy of output data and improve the performance of public sector. The paper should identify some main problems in the implementation of accrual basis in accounting at the municipal level in the Czech Republic and compare with Slovak municipalities. Aim of the research is to present outcomes of analysis focused on currently discussed topics which are related to introducing the accrual principle into accounting of local government, especially small municipalities. First part of the paper summarize current situation, the second part discuss the benefits of accounting reform process and quality accounting information for public finance and performance measurements in this area. Finally the paper includes main findings from the questionnaire survey.

Keywords: accrual principle; accrual basis; cash basis; municipalities; public sector accounting; performance. (search for similar items in EconPapers)
JEL-codes: F53 H75 L32 M41 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.ramp.ase.ro/en/_data/files/articole/2016/27-02.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rom:rampas:v:2016:y:2016:i:27:p:30-45

Access Statistics for this article

REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC is currently edited by Androniceanu Armenia

More articles in REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC from Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania Contact information at EDIRC.
Bibliographic data for series maintained by Androniceanu Armenia ().