Reaping the benefits of two worlds: An explanatory study of the cash and the accrual accounting information roles in local governments Sotirios Karatzimas Hot

https://psaar.net/media/reviews/photos/thumbnail/300x250s/be/e6/6a/Applied-Accounting-Research-100-1405200009.gif
Uploaded by Sotirios Karatzimas     Uploaded date: July 12, 2014    
2028  
Applied_Accounting_Research.gif
Publication date
July 01, 2013
Paper language
Abstract
Purpose – The purpose of this paper is to explore the coexistence of cash accounting and accrual accounting systems through an investigation of the roles they fulfill in Greek municipalities.

Design/methodology/approach – The survey results are based on the answers of the financial department principals of 106 municipalities to a structured questionnaire. The roles of accounting investigated are informed by Ansari and Euske's model.

Findings – It appears that cash accounting information prevails in the major function of decision making, with accrual accounting information playing a secondary role. Larger municipalities seem to use accounting data more extensively than smaller ones for negotiations, both in accrual and cash terms.

Originality/value – The study sheds light on the actual use of accrual accounting information in a public sector setting, where customarily decisions were based on cash accounting considerations.
Preferred Citation
Cohen, S., Kaimenakis, N., & Venieris, G. (2013). Reaping the benefits of two worlds: An explanatory study of the cash and the accrual accounting information roles in local governments. Journal of Applied Accounting Research, 14(2), 165-179.
Keywords
Accounting; Accrual accounting; Cash accounting; Greece; Local government; Public sector; Roles of accounting
Email
This email address is being protected from spambots. You need JavaScript enabled to view it.
Category
Financial accounting
Type of Paper
Published paper

Newsletter Subscribe to our Newsletter to get all the latest news

Log In or Sign Up