For the People: Popular Financial Reporting Practices of Local Governments

19 Pages Posted: 19 Mar 2013

See all articles by Juita-Elena (Wie) Yusuf

Juita-Elena (Wie) Yusuf

Old Dominion University - Center for Urban Studies & Public Administration

Meagan M. Jordan

Old Dominion University

Katharine Neill

Old Dominion University

Merl M. Hackbart

University of Kentucky - Gatton College of Business and Economics

Date Written: Spring 2013

Abstract

Popular financial reports are reports distributed to citizens and other interested parties who lack a background in formal government financial reporting but who desire an overview of the government's financial status and activities. This paper examines the current state of local government popular financial reporting in the U.S. The results of a survey of large cities and counties indicate that 75 percent of these local governments have issued popular financial reports and that the types of reports and methods of distribution vary. Many of the reasons for providing popular reports relate to providing information and improving transparency and accountability by providing more user friendly financial reports. This paper concludes with a discussion on popular financial reporting in the context of government transparency and accountability, and offers a research agenda for continued study of the topic.

Suggested Citation

Yusuf, Juita-Elena (Wie) and Jordan, Meagan M. and Neill, Katharine and Hackbart, Merl M., For the People: Popular Financial Reporting Practices of Local Governments (Spring 2013). Public Budgeting & Finance, Vol. 33, Issue 1, pp. 95-113, 2013. Available at SSRN: https://ssrn.com/abstract=2235482 or http://dx.doi.org/10.1111/j.1540-5850.2013.12003.x

Juita-Elena (Wie) Yusuf (Contact Author)

Old Dominion University - Center for Urban Studies & Public Administration ( email )

Norfolk, VA 23529
United States
757-683-4437 (Phone)
757-683-4886 (Fax)

HOME PAGE: https://www.odu.edu/business/departments/sps

Meagan M. Jordan

Old Dominion University ( email )

Norfolk, VA 23529-0222
United States

Katharine Neill

Old Dominion University ( email )

Norfolk, VA 23529-0222
United States

Merl M. Hackbart

University of Kentucky - Gatton College of Business and Economics ( email )

550 South Limestone
Lexington, KY 40506
United States
859-257-1627 (Phone)
859-323-1937 (Fax)

Register to save articles to
your library

Register

Paper statistics

Downloads
2
Abstract Views
879
PlumX Metrics