Setting International Public-Sector Accounting Standards: Does ‘Public’ Matter? The Case of Revenue from Non-Exchange Transactions

Marco Bisogno, Caroline Aggestam Pontoppidan, Ron Hodges, Francesca Manes Rossi

Publikation: Bidrag til tidsskriftTidsskriftartikel

Abstrakt

This paper investigates accounting for non-exchange revenue, an issue which has a strong relevance in public sector accounting, but which is rarely encountered in the private sector. The IPSASB consultation paper ‘Accounting for Revenue and Non-exchange Expenses’ is analyzed to illustrate that the specificities of the public sector are not necessarily taken into account when developing public sector accounting standards. Our analysis is informed by literature on the political nature of accrual accounting in public sector entities. The paper highlights the territorializing role of the IPSASB, the mediating role attributable to the consultation paper, and the potential adjudicating and subjectivizing roles of a future public sector accounting standard on revenue recognition.
OriginalsprogEngelsk
TidsskriftAccounting in Europe
Vol/bind16
Udgave nummer2
Sider (fra-til)219-235
Antal sider17
ISSN1744-9480
DOI
StatusUdgivet - aug. 2019

Bibliografisk note

Published online: 20. June 2019

Emneord

  • Non-exchange revenue
  • IPSASB Conceptual Framework
  • Accrual accounting
  • Public sector accounting

Citationsformater