Accounting information quality and decision-usefulness of governmental financial reporting: Moving from Cash to Modified Cash Sotirios Karatzimas Hot
Uploaded by Sotirios Karatzimas     Uploaded date: July 12, 2014    
Publication date
December 16, 2014
Paper language
Purpose: This paper provides an assessment of the decision-usefulness and quality of governmental financial reports in Greece under the recently adopted modified-cash basis. The evaluation is performed within the wider debate regarding the actual benefits of a transition towards an accounting paradigm that lies closer to accrual accounting as the Greek modified-cash basis borrows several accrual characteristics.
Design/methodology/approach: The transition to modified accruals is analysed through the prism of new institutional theory. The approach adopted builds on the characteristics of the accounting information pertaining the conceptual frameworks of public and private sector accounting standard setting bodies. The assessment is conducted on the basis of the perceptions of public sector financial information users on a web-based questionnaire.
Findings: The findings provide empirical evidence, albeit of moderate magnitude, in favor of the benefits associated with a move to full accruals.
Originality/value: The study moves the debate on the merits of accounting systems’ changes towards the worldwide witnessed trajectory a step forward by providing practical evidence on the matter.
accounting information quality, governmental financial reporting, modified cash-basis of accounting, perceived usefulness, Greece
Paper type: Research paper
Preferred Citation
Cohen, S. and Karatzimas, S. "Accounting information quality and decision-usefulness of governmental financial reporting: Moving from Cash to Modified Cash", Meditari Accountancy Research, Vol. 25, No. 1, pp. 95-113
accounting information quality; governmental financial reporting; Greece; modified cash-basis of accounting; perceived usefulness
This email address is being protected from spambots. You need JavaScript enabled to view it.
Financial accounting
Type of Paper
Published paper

Newsletter Subscribe to our Newsletter to get all the latest news

Log In or Sign Up