Municipal Financial Reporting: Monitoring 'Full' Accountability
Journal of Accounting Auditing and Finance, Summer 1981, 4(4): 352-359
Posted: 16 Jul 2014
Date Written: Summer 1981
Current municipal GAAP is geared toward monitoring the narrow notion of dollar accountability (i.e., compliance with budgeted dollar spending limits). It is argued that even with the limitation of present measurement technology, accountants involvement in municipal financial reports could play a potentially useful role in monitoring full accountability.
Keywords: municipal financial reporting, dollar accountability, full accountability
JEL Classification: M41
Suggested Citation: Suggested Citation