Government Financial Reporting Standards and Practices
James L. Chan and
Yunxiao Xu
Chapter 35 in The International Handbook of Public Financial Management, 2013, pp 767-796 from Palgrave Macmillan
Abstract:
Abstract Government financial reporting makes public the data collected and accumulated in the government accounting system discussed in Chapter 34. This chapter is primarily concerned with the financial reports, particularly year-end financial statements, produced with data in a government’s ex post financial accounting system. It will also deal discuss reports for monitoring budget execution and statistical reports for national and international macrofiscal comparisons and compare these three reporting systems. It is intended to be useful both to general readers and to practitioners who are responsible for (a) determining the structure and content of financial reports; (b) approving the accounting policies used to prepare financial statements; (c) explaining the financial reports to legislators and the public; (d) dealing with auditors to resolve disputes; and (e) ensuring the proper use of information in financial reports in the government’s decisionmaking processes.
Keywords: Cash Flow; Financial Reporting; International Financial Reporting Standard; Consolidate Financial Statement; Debt Proceeds (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
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:pal:palchp:978-1-137-31530-4_36
Ordering information: This item can be ordered from
http://www.palgrave.com/9781137315304
DOI: 10.1057/9781137315304_36
Access Statistics for this chapter
More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla (sonal.shukla@springer.com) and Springer Nature Abstracting and Indexing (indexing@springernature.com).