Cross-sector transfer of consolidated financial reporting - conceptual concerns
Data(s) |
01/01/2006
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Resumo |
This article addresses a major concern about the use of particular accounting concepts, notably those of control and assets, for whole-of-government consolidated financial reporting. While whole-of-government consolidated financial reports may resemble the formats required by accounting standards and so provide a benchmark for comparative purposes, inherent weakness in the specification of underpinning concepts means that proper and full application of the consolidation methodology cannot be assumed. A study of the whole-of-government consolidated financial reports of the Commonwealth, state and territory governments of Australia revealed that significant assets, obligations and controlled entities have not been included.<br /> |
Identificador | |
Idioma(s) |
eng |
Publicador |
Wiley - Blackwell |
Relação |
http://dro.deakin.edu.au/eserv/DU:30024502/wise-crosssectortransfer-2006.pdf http://dx.doi.org/10.1111/j.1467-8500.2006.00494a.x |
Direitos |
2006, National Council of the Institute of Public Administration Australia |
Tipo |
Journal Article |