To read the full version of this content please select one of the options below:

Financial accounting reform in flemish municipalities: an empirical study of the comparability of the annual accounts

Johan R. Christiaens (Department of Accountancy and Management Control and Taxation, University of Gent)

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