Change search
ReferencesLink to record
Permanent link

Direct link
From consolidation to segment reporting in local government: accountability needs, accounting standards, and the effect on decision-makers
Kristianstad University, School of Health and Society, Avdelningen för Ekonomi. Kristianstad University, Research environment Governance, Regulation, Internationalization and Performance (GRIP.
University of Modena & Reggio Emilia, Modena.
Kibernetes s.r.l., Siena.
2014 (English)In: Journal of Modern Accounting and Auditing, ISSN 1548-6583, Vol. 10, no 1, 32-46 p.Article in journal (Refereed) Published
Abstract [en]

Consolidated Financial Statements (CFSs) in the public sector represent useful financial tools to improve transparency and accountability toward internal and external users. This aggregate view is only a part of the information needed in order to give politicians, managers, employees, financial institutions, rating agencies, and citizens a whole view of a local government’s financial performance. It emerges the need to have segment information, covering specific policy areas for which it is appropriate to separately report financial and non-financial information. This paper, after having discussed the need for accountability and decision-making in a theoretical framework, gives account of a pilot project realized by the municipality of Reggio Emilia, which introduced CFSs and segment reporting. The empirical study is based on an action research as a methodological approach to solving practical problems. Finally, the paper also offers some practical suggestions to contribute to the applicability of the segment reporting in the public sector.

Place, publisher, year, edition, pages
2014. Vol. 10, no 1, 32-46 p.
Keyword [en]
Consolidated Financial Statements (CFSs), segment reporting, International Public Sector Accounting Standards (IPSAS), local government, action research
National Category
Business Administration
URN: urn:nbn:se:hkr:diva-11820OAI: diva2:702926
Available from: 2014-03-05 Created: 2014-03-05Bibliographically approved

Open Access in DiVA

fulltext(117 kB)803 downloads
File information
File name FULLTEXT01.pdfFile size 117 kBChecksum SHA-512
Type fulltextMimetype application/pdf

Other links


Search in DiVA

By author/editor
Grossi, Giuseppe
By organisation
Avdelningen för EkonomiResearch environment Governance, Regulation, Internationalization and Performance (GRIP
Business Administration

Search outside of DiVA

GoogleGoogle Scholar
Total: 803 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Total: 359 hits
ReferencesLink to record
Permanent link

Direct link