TY  - JOUR
AB  - Purpose Taking into consideration the lively debate about recognition, measurement, and disclosure criteria for heritage assets (HA) in financial reporting, the purpose of this paper is to examine the comment letters submitted by governmental organizations regarding the consultation paper (CP) on HA in order to understand what is the position of the governmental organizations in relation to critical issues of the accounting and financial reporting of HA.Design/methodology/approach From a methodological point of view, a content analysis was performed. First, the responses were classified according to level of agreement with the 13 items included in the CP on HA; second, the arguments adduced by respondents in supporting or contradicting the proposed approaches and definitions have been investigated.Findings The majority of responses came from countries with relevant differences in culture, administrative traditions and accounting systems. Governmental organizations strongly agreed with the recognition of heritage items as “assets” in financial reporting, while conflicting positions on measuring bases were identified.Originality/value This study is one of the few studies based on the content of the comment letters received in response to the CP on HA. The present study can also give an idea of the content of the future IPSAS on HA. Moreover, it is the first study attempting to enrich the debate on governmental organizations’ participation to the IPSAS standard-setting process.
VL  - 33
IS  - 2/3
SN  - 0951-3558
DO  - 10.1108/IJPSM-12-2018-0275
UR  - https://doi.org/10.1108/IJPSM-12-2018-0275
AU  - Aversano Natalia
AU  - Christiaens Johan
AU  - Tartaglia Polcini Paolo
AU  - Sannino Giuseppe
PY  - 2019
Y1  - 2019/01/01
TI  - Accounting for heritage assets: An analysis of governmental organization comment letters on the IPSAS consultation paper
T2  - International Journal of Public Sector Management
PB  - Emerald Publishing Limited
SP  - 307
EP  - 322
Y2  - 2024/05/07
ER  -