Full metadata record
DC FieldValueLanguage
dc.contributor.authorGrossi, Giuseppe-
dc.contributor.authorBergmann, Andreas-
dc.contributor.authorRauskala, Iris Eliisa-
dc.contributor.authorFuchs, Sandro-
dc.date.accessioned2018-11-16T08:03:50Z-
dc.date.available2018-11-16T08:03:50Z-
dc.date.issued2013-
dc.identifier.urihttps://digitalcollection.zhaw.ch/handle/11475/12880-
dc.description.abstractChanges to the organizational composition of the public sector introduced by New Public Management-style reforms, leading to contracting-out and privatization in their various forms have led to an increased decentralisation of responsibilities in accounting in the public sector. These reforms have not only been done for the reasons of finding adequate forms of organizing public sector activities, but very often the in the German-speaking world used expression “escape out of the budget” was pursued for the purpose of hiding public debt. It has now become widely accepted by those investigating financial reporting requirements in the public sector, that the consolidated financial statement (CFS) is a useful instrument for governments dealing with publicly-owned entities, because it presents a clear picture of the current economic status and functioning of the whole inter-related Group (Chow et al., 2007; Grossi and Newberry, 2009; Wise, 2010). As in the private sector, also in the public sector a need for more harmonized accounting practices has arisen among countries. Maybe the best way to reach the aim of more harmonization of financial reports is to follow the International Public Sector Accounting Standards (IPSAS), issued by the International Public Sector Accounting Standards Board (IPSASB), which provide rules for preparing both annual and consolidated financial statements. The IPSAS 6-8 suggest control as the leading criterion to define the scope of consolidation, and by operationalizing it adapt the concept for the specific characteristics of the public sector. With the rising importance of these single public sector accounting standards being used internationally, it can be expected that more and more countries also switch to the respective suggestions for CFS. But is it really this way? This paper therefore aims to answer the following research questions: 1. What is the state of CFS in OECD countries? 2. What consolidation methods are used? 3. Are they influenced in any way by the guiding principles to define the scope of consolidation or by the purpose CFS shall fulfil? The aim of this paper is to give an overview of actual consolidation practices in OECD countries and to identify major trends in consolidated financial reporting. Therefore, the paper will be structured as follows: section two will give a literature review of different consolidation approaches and the specific needs in the public sector. In section 3, the research-design and terms and concepts of consolidation will be introduced. Section 4 will present findings, which will be summed up in the conclusion, while the floor for further research necessities is opened.de_CH
dc.language.isoende_CH
dc.rightsLicence according to publishing contractde_CH
dc.subjectPublic Financede_CH
dc.subjectOECDde_CH
dc.subjectPublic Sectorde_CH
dc.subjectConsolidationde_CH
dc.subject.ddc330: Wirtschaftde_CH
dc.titleApplying the equity method as a means of consolidation in the public sector : experiences in OECD countriesde_CH
dc.typeKonferenz: Paperde_CH
dcterms.typeTextde_CH
zhaw.departementSchool of Management and Lawde_CH
zhaw.organisationalunitInstitut für Verwaltungs-Management (IVM)de_CH
zhaw.conference.detailsXII EGPA Permanent Study Group - Public Sector Financial Management, Salerno, Italy, 16-17 May 2013de_CH
zhaw.funding.euNode_CH
zhaw.originated.zhawYesde_CH
zhaw.publication.statuspublishedVersionde_CH
zhaw.publication.reviewKeine Begutachtungde_CH
Appears in collections:Publikationen School of Management and Law

Files in This Item:
There are no files associated with this item.
Show simple item record
Grossi, G., Bergmann, A., Rauskala, I. E., & Fuchs, S. (2013). Applying the equity method as a means of consolidation in the public sector : experiences in OECD countries. XII EGPA Permanent Study Group - Public Sector Financial Management, Salerno, Italy, 16-17 May 2013.
Grossi, G. et al. (2013) ‘Applying the equity method as a means of consolidation in the public sector : experiences in OECD countries’, in XII EGPA Permanent Study Group - Public Sector Financial Management, Salerno, Italy, 16-17 May 2013.
G. Grossi, A. Bergmann, I. E. Rauskala, and S. Fuchs, “Applying the equity method as a means of consolidation in the public sector : experiences in OECD countries,” in XII EGPA Permanent Study Group - Public Sector Financial Management, Salerno, Italy, 16-17 May 2013, 2013.
GROSSI, Giuseppe, Andreas BERGMANN, Iris Eliisa RAUSKALA und Sandro FUCHS, 2013. Applying the equity method as a means of consolidation in the public sector : experiences in OECD countries. In: XII EGPA Permanent Study Group - Public Sector Financial Management, Salerno, Italy, 16-17 May 2013. Conference paper. 2013
Grossi, Giuseppe, Andreas Bergmann, Iris Eliisa Rauskala, and Sandro Fuchs. 2013. “Applying the Equity Method as a Means of Consolidation in the Public Sector : Experiences in OECD Countries.” Conference paper. In XII EGPA Permanent Study Group - Public Sector Financial Management, Salerno, Italy, 16-17 May 2013.
Grossi, Giuseppe, et al. “Applying the Equity Method as a Means of Consolidation in the Public Sector : Experiences in OECD Countries.” XII EGPA Permanent Study Group - Public Sector Financial Management, Salerno, Italy, 16-17 May 2013, 2013.


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.