Whole of Government Accounts

A Comparative Study of Developments in the UK, Australia, New Zealand, Canada and Sweden

Caroline Aggestam Pontoppidan, Danny Chow, Ronald Day, Raili Pollanen

Research output: Contribution to conferencePaperResearchpeer-review

Abstract

In our comparative study, we surveyed an emerging literature on the use of consolidation in government accounting and develop a research agenda. We find heterogeneous approaches to the development of consolidation models across the five countries (Australia, New Zealand, UK, Canada and Sweden) are influenced by constitutional or jurisdictional notions of consolidation boundaries. The localization of globalized or generic concepts of consolidation is driven largely by government priorities or preoccupations rather than necessarily user demand. We propose that we need to better understand the relevance of financial reporting (GAAP)-based reforms when compared with budget-centric systems of accounting, which dominate government decision-making. At a trans-national level, there is a need to examine the embedded or implicit contests or ‘trials of strength’ between nations and/or institutions jockeying for influence. We highlight three arenas where such contests are being played out: 1. Statistical versus GAAP notions of accounting value, which features in all accounting debates over the merits and costs of ex-ante versus ex-post notions of value (i.e., the relevance versus reliability debate); 2. Private versus Public sector divide; 3. National versus global standard-setters – witness the growing influence of IPSAS and the cooperation-competition tension between national standard-setters aware of the benefits of a more harmonized approach but also wary of conceding too much autonomy over their own jurisdictions. The European Union’s push for EPSAS is one emerging example.
Original languageEnglish
Publication date2014
Number of pages28
Publication statusPublished - 2014
EventCIGAR Workshop 2014: Whole of Government Accounting and Auditing: International Trends - Kristianstad University, Kristianstad, Sweden
Duration: 8 Sep 20149 Sep 2014
http://www.hkr.se/sv/samverkan/samverkan-for-skolor/regionalt-utvecklingscentrum/konferenser/cigar-conference1/

Workshop

WorkshopCIGAR Workshop 2014
LocationKristianstad University
CountrySweden
CityKristianstad
Period08/09/201409/09/2014
Internet address

Bibliographical note

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Cite this

Pontoppidan, C. A., Chow, D., Day, R., & Pollanen, R. (2014). Whole of Government Accounts: A Comparative Study of Developments in the UK, Australia, New Zealand, Canada and Sweden. Paper presented at CIGAR Workshop 2014, Kristianstad, Sweden.
Pontoppidan, Caroline Aggestam ; Chow, Danny ; Day, Ronald ; Pollanen, Raili. / Whole of Government Accounts : A Comparative Study of Developments in the UK, Australia, New Zealand, Canada and Sweden. Paper presented at CIGAR Workshop 2014, Kristianstad, Sweden.28 p.
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Pontoppidan, CA, Chow, D, Day, R & Pollanen, R 2014, 'Whole of Government Accounts: A Comparative Study of Developments in the UK, Australia, New Zealand, Canada and Sweden' Paper presented at, Kristianstad, Sweden, 08/09/2014 - 09/09/2014, .

Whole of Government Accounts : A Comparative Study of Developments in the UK, Australia, New Zealand, Canada and Sweden. / Pontoppidan, Caroline Aggestam; Chow, Danny; Day, Ronald; Pollanen, Raili.

2014. Paper presented at CIGAR Workshop 2014, Kristianstad, Sweden.

Research output: Contribution to conferencePaperResearchpeer-review

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N1 - CBS Library does not have access to the material

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Pontoppidan CA, Chow D, Day R, Pollanen R. Whole of Government Accounts: A Comparative Study of Developments in the UK, Australia, New Zealand, Canada and Sweden. 2014. Paper presented at CIGAR Workshop 2014, Kristianstad, Sweden.