The Impact of Accrual Accounting on Public Sector Management: An Exploratory Study for Romania

Transilvanian Review of Administrative Sciences, No. 32E, February 2011

29 Pages Posted: 17 Aug 2011

See all articles by Adela Deaconu

Adela Deaconu

Babes-Bolyal University - Faculty of Economics and Business Administration

Nistor Cristina Silvia

Babes-Bolyai University - Faculty of Economics and Business Administration

Filip Crina

Babes-Bolyai University - Faculty of Economics and Business Administration

Date Written: August 17, 2011

Abstract

This research is intended to supplement comparative national studies, which represent a challenge to accounting history for the last decades, explaining the Romanian public accounting practices in their local and time-specific context, taking into question the case of the entities owned by the government. In essence, the findings show the materialization of accrual accounting benefits for Romania as an emerging economy and in terms of all independent variables used in the study, fixed assets, liabilities, revenues and costs. It also shows the gradual evolution of finding the advantages of the Romanian accounting system’s transition from a cash basis to an accrual basis in the two analyzed stages, the transition and post-reform periods. It proves thus the correlation between the pace of regulatory changes and their application in practice, indirectly confirming the orientation of the Romanian standard-setters towards IPSAS and accrual accounting. Moreover, this research is an argument for the importance of accounting and of the economic analysis which the study can support through proper financial reporting.

Keywords: accrual accounting, cash accounting, public sector management, emerging countries

Suggested Citation

Deaconu, Adela and Cristina Silvia, Nistor and Crina, Filip, The Impact of Accrual Accounting on Public Sector Management: An Exploratory Study for Romania (August 17, 2011). Transilvanian Review of Administrative Sciences, No. 32E, February 2011, Available at SSRN: https://ssrn.com/abstract=1911285

Adela Deaconu (Contact Author)

Babes-Bolyal University - Faculty of Economics and Business Administration ( email )

Str Teodor Mihali, Nr.58-60
Cluj-Napoca, RO- 400591
Romania

Nistor Cristina Silvia

Babes-Bolyai University - Faculty of Economics and Business Administration ( email )

Str Teodor Mihali, Nr.58-60
Cluj-Napoca, RO- 400591
Romania

Filip Crina

Babes-Bolyai University - Faculty of Economics and Business Administration ( email )

Str Teodor Mihali, Nr.58-60
Cluj, RO- 400591
Romania

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
1,374
Abstract Views
6,003
rank
18,133
PlumX Metrics