Budgetary Balances Adjustments From Governmental Accounting to National Accounts in EU Countries: Can Deficits Be Prone to Management? Susana Jorge

https://psaar.net/media/reviews/photos/thumbnail/300x250s/58/f9/aa/Public-Management-and-Finance-70-1553080256.gif
Uploaded by Susana Jorge     Uploaded date: March 19, 2019    
94  
Publication date
October 26, 2018
Paper language
Abstract
European Union (EU) countries are required to achieve deficit targets and are thus incentivized to use tools to keep within budgetary limits. This paper argues that
accounting discretion might be used to manage some adjustments made during the translation of data from Governmental Accounting (GA) into National Accounts(NA),
to window-dress the final deficit/surplus reported to EUROSTAT. The empirical research shows there are certain circumstances that might facilitate the use of GA–NA
“adjustment discretion.” EU authorities must pay special attention to these conditions to ensure the reliability of reported deficits. The main findings of this paper could also
assist in future efforts to improve the integrity of the adjustment process.
Preferred Citation
JORGE, S.; JESUS, M. A.; LAUREANO, R. (2018). Budgetary balances adjustments from Governmental Accounting to National Accounts in EU countries: can deficits be prone to management?, Public Budgeting and Finance, 38(4), 97-116.
Keywords
Budgetary reporting; National Accounts; deficit/surplus; adjustments management; accounting discretion; central government; EUROSTAT.
Email
This email address is being protected from spambots. You need JavaScript enabled to view it.
Category
  • Comparative Research
  • International Accounting / Accounting Harmonization
  • Other
Type of Paper
Published paper

How to get the paper

From the journal
https://onlinelibrary.wiley.com/doi/abs/10.1111/pbaf.12208

Newsletter Subscribe to our Newsletter to get all the latest news

Log In or Sign Up