Financial accounting reform in flemish municipalities: an empirical study of the comparability of the annual accounts
Journal of Public Budgeting, Accounting & Financial Management
ISSN: 1096-3367
Article publication date: 1 March 2000
Abstract
The purpose of this research is to examine the accounting output of the reformed financial accounting system of municipalities in Belgium, particularly in Flanders. For the first time ever in Belgian governments, an accounting reform transferred from business accounting was imposed. The research hypothesizes that the level of material comparability of the accounting output is very poor in spite of the strict accounting regulations. The empirical results indicate that the annual accounts are actually incomparable in many respects and that these problems cannot be explained away by a lack of experience.
Citation
Christiaens, J.R. (2000), "Financial accounting reform in flemish municipalities: an empirical study of the comparability of the annual accounts", Journal of Public Budgeting, Accounting & Financial Management, Vol. 12 No. 2, pp. 177-204. https://doi.org/10.1108/JPBAFM-12-02-2000-B001
Publisher
:Emerald Publishing Limited
Copyright © 2000 by PrAcademics Press