Governmental budgetary reporting systems in the European Union: is the accounting basis relevant for the deficit reliability?
Autor(a) principal: | |
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Data de Publicação: | 2015 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | https://hdl.handle.net/1822/84216 |
Resumo: | When reporting to Eurostat for the purpose of deficit assessment, EU member states follow National Accounts (NA) rules, specifically the European System of National and Regional Accounts. However, the information reported is gathered from Governmental Accounting (GA), namely budgetary reporting. Consequently, several adjustments are needed when translating data from GA into NA, including those concerning the accounting basis – in some countries GA budgetary balance is already accrual-based while in others it is still cash-based. This research aims to analyse adjustments derived from different accounting bases adopted in GA and NA, demonstrating their diversity and materiality and the consequences for EU member states’ deficit/surplus reliability. It analyses cash-accrual adjustments to be made in Central Government data, using a few EU countries and data from the respective Excessive Deficit Procedure notifications covering the years 2005 to 2010. The main findings show that cash-accrual adjustments are more diverse and tend to be material in relation to the final deficit/surplus, in countries still adopting cash-based budgetary reporting in GA, raising questions concerning the reliability of the deficit/surplus they report. |
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Governmental budgetary reporting systems in the European Union: is the accounting basis relevant for the deficit reliability?budgetary accounting and reportingcentral government deficit/surplusgovernmental accountingnational accountscentral government deficitsurplusCiências Sociais::Ciências PolíticasSocial SciencesWhen reporting to Eurostat for the purpose of deficit assessment, EU member states follow National Accounts (NA) rules, specifically the European System of National and Regional Accounts. However, the information reported is gathered from Governmental Accounting (GA), namely budgetary reporting. Consequently, several adjustments are needed when translating data from GA into NA, including those concerning the accounting basis – in some countries GA budgetary balance is already accrual-based while in others it is still cash-based. This research aims to analyse adjustments derived from different accounting bases adopted in GA and NA, demonstrating their diversity and materiality and the consequences for EU member states’ deficit/surplus reliability. It analyses cash-accrual adjustments to be made in Central Government data, using a few EU countries and data from the respective Excessive Deficit Procedure notifications covering the years 2005 to 2010. The main findings show that cash-accrual adjustments are more diverse and tend to be material in relation to the final deficit/surplus, in countries still adopting cash-based budgetary reporting in GA, raising questions concerning the reliability of the deficit/surplus they report.SAGE PublicationsUniversidade do MinhoJesus, Maria AntóniaJorge, Susana20152015-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttps://hdl.handle.net/1822/84216engJesus, M. A., & Jorge, S. (2015). Governmental budgetary reporting systems in the European Union: is the accounting basis relevant for the deficit reliability? International Review of Administrative Sciences, 81(1), 110-133. https://doi.org/10.1177/00208523145415650020-85231461-722610.1177/0020852314541565https://journals.sagepub.com/doi/10.1177/0020852314541565info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-12-23T01:29:02Zoai:repositorium.sdum.uminho.pt:1822/84216Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T19:02:44.677796Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Governmental budgetary reporting systems in the European Union: is the accounting basis relevant for the deficit reliability? |
title |
Governmental budgetary reporting systems in the European Union: is the accounting basis relevant for the deficit reliability? |
spellingShingle |
Governmental budgetary reporting systems in the European Union: is the accounting basis relevant for the deficit reliability? Jesus, Maria Antónia budgetary accounting and reporting central government deficit/surplus governmental accounting national accounts central government deficit surplus Ciências Sociais::Ciências Políticas Social Sciences |
title_short |
Governmental budgetary reporting systems in the European Union: is the accounting basis relevant for the deficit reliability? |
title_full |
Governmental budgetary reporting systems in the European Union: is the accounting basis relevant for the deficit reliability? |
title_fullStr |
Governmental budgetary reporting systems in the European Union: is the accounting basis relevant for the deficit reliability? |
title_full_unstemmed |
Governmental budgetary reporting systems in the European Union: is the accounting basis relevant for the deficit reliability? |
title_sort |
Governmental budgetary reporting systems in the European Union: is the accounting basis relevant for the deficit reliability? |
author |
Jesus, Maria Antónia |
author_facet |
Jesus, Maria Antónia Jorge, Susana |
author_role |
author |
author2 |
Jorge, Susana |
author2_role |
author |
dc.contributor.none.fl_str_mv |
Universidade do Minho |
dc.contributor.author.fl_str_mv |
Jesus, Maria Antónia Jorge, Susana |
dc.subject.por.fl_str_mv |
budgetary accounting and reporting central government deficit/surplus governmental accounting national accounts central government deficit surplus Ciências Sociais::Ciências Políticas Social Sciences |
topic |
budgetary accounting and reporting central government deficit/surplus governmental accounting national accounts central government deficit surplus Ciências Sociais::Ciências Políticas Social Sciences |
description |
When reporting to Eurostat for the purpose of deficit assessment, EU member states follow National Accounts (NA) rules, specifically the European System of National and Regional Accounts. However, the information reported is gathered from Governmental Accounting (GA), namely budgetary reporting. Consequently, several adjustments are needed when translating data from GA into NA, including those concerning the accounting basis – in some countries GA budgetary balance is already accrual-based while in others it is still cash-based. This research aims to analyse adjustments derived from different accounting bases adopted in GA and NA, demonstrating their diversity and materiality and the consequences for EU member states’ deficit/surplus reliability. It analyses cash-accrual adjustments to be made in Central Government data, using a few EU countries and data from the respective Excessive Deficit Procedure notifications covering the years 2005 to 2010. The main findings show that cash-accrual adjustments are more diverse and tend to be material in relation to the final deficit/surplus, in countries still adopting cash-based budgetary reporting in GA, raising questions concerning the reliability of the deficit/surplus they report. |
publishDate |
2015 |
dc.date.none.fl_str_mv |
2015 2015-01-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://hdl.handle.net/1822/84216 |
url |
https://hdl.handle.net/1822/84216 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Jesus, M. A., & Jorge, S. (2015). Governmental budgetary reporting systems in the European Union: is the accounting basis relevant for the deficit reliability? International Review of Administrative Sciences, 81(1), 110-133. https://doi.org/10.1177/0020852314541565 0020-8523 1461-7226 10.1177/0020852314541565 https://journals.sagepub.com/doi/10.1177/0020852314541565 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
SAGE Publications |
publisher.none.fl_str_mv |
SAGE Publications |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
repository.mail.fl_str_mv |
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1799132430734458880 |