Practice-Relevant Accrual Accounting for the Public Sector: Producers' and Users' Perspectives

By Hassan Ouda

Book Overview

This book addresses the necessary developments and adjustments that can be regarded as a promising starting point for making accrual accounting a more practice-relevant for the public sector entities. Specifically, the main focus is on Reshaping the application of accrual accounting principles and assumptions to fit the context of public sector entities; Developing a practice-relevant holistic accounting approach for governmental capital assets, which has been based on developing and reshaping the assets recognition criteria; Scope of general purpose financial reporting from an accountability perspective; Suggesting a sustainable accounting approach for reporting on the long-term fiscal sustainability; Developing a dynamic model for making public sector accrual accounting a more user practice relevant; and finally, Developing a theory of accounting information usefulness, which explains how cognitive aspects do influence the use/non-use of accounting information by the politicians. Fundamentally, the book has tackled these necessary developments and adjustments from both the producer's and the user's perspectives.

• Format: Paperback
• Language: English
• ISBN: 3030515974
• ISBN13: 9783030515973
• Release Date: October 2021
• Publisher: Palgrave MacMillan
• Length: 338 Pages
• Weight: 0.95 lbs.
• Dimensions: 0.8" x 5.8" x 8.3"