Measurement in Public Sector Financial Reporting
Theoretical Basis and Empirical Evidence
Published on 20. March 2023
Book
Hardback
280 pages
978-1-80117-162-5 (ISBN)
Description
Financial measurement can be difficult, especially in the public sector where accurate and reliable reporting is imperative for public trust, legality, accountability, and long-term sustainability of activities. Measurement in Public Sector Financial Reporting brings together theoretical arguments and empirical evidence to fuel the debate on measurement approaches in public sector financial reporting.
Understanding that various dimensions of value need to be explored in order to reveal methods for providing a more comprehensive public sector view, Measurement in Public Sector Financial Reporting presents a constructive and thoughtful analysis of possible valuation methodologies for the public sector context and related peculiarities and critical issues. The chapters consider both theory and practice, providing a holistic showcase for both practitioner and academic viewpoints. The authors develop discussions and consolidate knowledge, providing a substantial contribution to an international debate.
This second volume of Emerald Studies in Public Service Accounting and Accountability recognises the unique characteristics of public sector assets, liabilities, and the other elements of financial statements. The views presented in the chapters make the contents useful for those who are involved, interested in, or responsible for the preparation of public sector financial reporting and related standards.
Understanding that various dimensions of value need to be explored in order to reveal methods for providing a more comprehensive public sector view, Measurement in Public Sector Financial Reporting presents a constructive and thoughtful analysis of possible valuation methodologies for the public sector context and related peculiarities and critical issues. The chapters consider both theory and practice, providing a holistic showcase for both practitioner and academic viewpoints. The authors develop discussions and consolidate knowledge, providing a substantial contribution to an international debate.
This second volume of Emerald Studies in Public Service Accounting and Accountability recognises the unique characteristics of public sector assets, liabilities, and the other elements of financial statements. The views presented in the chapters make the contents useful for those who are involved, interested in, or responsible for the preparation of public sector financial reporting and related standards.
More details
Series
Language
English
Place of publication
Bingley
United Kingdom
Target group
Professional and scholarly
Dimensions
Height: 235 mm
Width: 157 mm
Thickness: 20 mm
Weight
560 gr
ISBN-13
978-1-80117-162-5 (9781801171625)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Josette Caruana | Marco Bisogno | Mariafrancesca Sicilia
Measurement in Public Sector Financial Reporting
Theoretical Basis and Empirical Evidence
E-Book
03/2023
1st Edition
Emerald Publishing Limited
€105.99
Available for download
Persons
Josette Caruana is Associate Professor in the Department of Accountancy, University of Malta, Malta and a certified public accountant.
Marco Bisogno is Associate Professor in Accounting in the Department of Management & Innovation Systems, University of Salerno, Italy.
Mariafrancesca Sicilia is a Full Professor in Public Sector Management and Accounting in the Department of Management, University of Bergamo, Italy.
Marco Bisogno is Associate Professor in Accounting in the Department of Management & Innovation Systems, University of Salerno, Italy.
Mariafrancesca Sicilia is a Full Professor in Public Sector Management and Accounting in the Department of Management, University of Bergamo, Italy.
Content
Foreword; Sandra Cohen
INTRODUCTION
Chapter 1. Exploring the Measurement Dilemma in Public Sector Financial Reporting; Josette Caruana, Marco Bisogno, and Mariafrancesca Sicilia
FRAMEWORKS AND METHODOLOGIES
Chapter 2. Pathways for Implementing an Asset Information Framework for the Valuation and Management of Fixed Assets; Mohamed Salah and Marco Bisogno
Chapter 3. Accounting for Public Sector Assets: Comparing Historical Cost and Current Value Models; Yuri Biondi and Lasse Oulasvirta
Chapter 4. The Principle of Prudence in Government Accounting; Berit Adam, Jens Heiling, and Tim Meglitsch
Chapter 5. The Applicability of the Current Operational Value for the Measurement of Assets in the Public Sector; Kamira Sanchez and Fabrizio Mocavini
MEASURING AND REPORTING THE ELEMENTS IN FINANCIAL STATEMENTS
Chapter 6. The Measurement of Income and Expenditure: Comparing Public Accounts and National Accounts; Giovanna Dabbicco and Josette Caruana
Chapter 7. The Relevance of the Consolidated Financial Statement in the Measurement of Local Government Liabilities; Cristian Carini and Claudio Teodori
Chapter 8. Public Administrations' Equity (Net Assets): Where Problems of Evaluation and Measurement Walk Together; Riccardo Mussari, Pasquale Ruggiero, and Daniela Sorrentino
FOCUSING ON HERITAGE
Chapter 9. Measurement and Reporting of Heritage Assets - Insights from Practice in New Zealand; Nives Botica Redmayne, Fawzi Laswad, and Dimu Ehalaiye
Chapter 10. Measuring Heritage Assets in Public Sector Financial Reporting: Dream or Reality?; Lucia Biondi, Fabio Giulio Grandis, and Daniele Vari
Chapter 11. Towards Convergence of Heritage Accounting Perspectives: The Public Sector and the Private Not-for-Profit Sector; Natalia Aversano and Johan Christiaens
INTRODUCTION
Chapter 1. Exploring the Measurement Dilemma in Public Sector Financial Reporting; Josette Caruana, Marco Bisogno, and Mariafrancesca Sicilia
FRAMEWORKS AND METHODOLOGIES
Chapter 2. Pathways for Implementing an Asset Information Framework for the Valuation and Management of Fixed Assets; Mohamed Salah and Marco Bisogno
Chapter 3. Accounting for Public Sector Assets: Comparing Historical Cost and Current Value Models; Yuri Biondi and Lasse Oulasvirta
Chapter 4. The Principle of Prudence in Government Accounting; Berit Adam, Jens Heiling, and Tim Meglitsch
Chapter 5. The Applicability of the Current Operational Value for the Measurement of Assets in the Public Sector; Kamira Sanchez and Fabrizio Mocavini
MEASURING AND REPORTING THE ELEMENTS IN FINANCIAL STATEMENTS
Chapter 6. The Measurement of Income and Expenditure: Comparing Public Accounts and National Accounts; Giovanna Dabbicco and Josette Caruana
Chapter 7. The Relevance of the Consolidated Financial Statement in the Measurement of Local Government Liabilities; Cristian Carini and Claudio Teodori
Chapter 8. Public Administrations' Equity (Net Assets): Where Problems of Evaluation and Measurement Walk Together; Riccardo Mussari, Pasquale Ruggiero, and Daniela Sorrentino
FOCUSING ON HERITAGE
Chapter 9. Measurement and Reporting of Heritage Assets - Insights from Practice in New Zealand; Nives Botica Redmayne, Fawzi Laswad, and Dimu Ehalaiye
Chapter 10. Measuring Heritage Assets in Public Sector Financial Reporting: Dream or Reality?; Lucia Biondi, Fabio Giulio Grandis, and Daniele Vari
Chapter 11. Towards Convergence of Heritage Accounting Perspectives: The Public Sector and the Private Not-for-Profit Sector; Natalia Aversano and Johan Christiaens