Ellen HausteinPeter C. Lorson
This chapter sets forth the Chapter 10 by presenting the accounting treatment of selected economic transactions. By using a case study of a municipality, specific accounting issues will be worked through using the standards and other pronouncements of the IPSASB. Thereby this chapter provides insights into selected accounting issues dealt by public sector entities and the process to prepare financial reports in conformity with IPSAS. Thereby, also the accounting records and the changes in the accounts will be entered. The focus is on selected public sector relevant IPSAS, namely IPSAS 16, 21, 23 and 32. As a result of this chapter, a closing balance sheet, a statement of financial performance and a statement of financial position is developed.
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ISBN: 978-989-26-1856-2
eISBN: 978-989-26-1861-6
DOI: 10.14195/978-989-26-1861-6_11
Área: Ciências Sociais
Páginas: 275-305
Data: 2019
Keywords
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Outros Capítulos (16)
Introduction
Peter C. Lorson;Ellen Haustein;Susana Jorge
https://doi.org/10.14195/978-989-26-1861-6_0
Approaches to public sector accounting and reporting in Europe
Ellen Haustein;Peter C. Lorson
https://doi.org/10.14195/978-989-26-1861-6_1
History of public sector accounting & alternatives
Andy Wynne
https://doi.org/10.14195/978-989-26-1861-6_2
Difference between private and public sector accounting
Andy Wynne
https://doi.org/10.14195/978-989-26-1861-6_3
Budgets and budgetary accounting
Lasse Oulasvirta
https://doi.org/10.14195/978-989-26-1861-6_4
Theoretical approaches to financial accounting purposes and principles
Lasse Oulasvirta
https://doi.org/10.14195/978-989-26-1861-6_5
Different perspectives in public sector accounting harmonisation: IFRS, GFS and IPSAS
Lisa Schmidthuber;Dennis Hilgers;Hannes Hofbauer
https://doi.org/10.14195/978-989-26-1861-6_6
IPSAS: history - spread - use
Lisa Schmidthuber;Dennis Hilgers
https://doi.org/10.14195/978-989-26-1861-6_7
IPSAS conceptual framework and views on selected national frameworks
Susana Jorge
https://doi.org/10.14195/978-989-26-1861-6_8
Reporting components and reliability issues
Susana Jorge
https://doi.org/10.14195/978-989-26-1861-6_9
Overview of IPSAS on public sector specific topics
Ellen Haustein;Peter C. Lorson
https://doi.org/10.14195/978-989-26-1861-6_10
IPSAS: case study
Ellen Haustein;Peter C. Lorson
https://doi.org/10.14195/978-989-26-1861-6_11
Consolidated financial statements
Ellen Haustein;Peter C. Lorson
https://doi.org/10.14195/978-989-26-1861-6_12
Consolidation methods
Ellen Haustein;Peter C. Lorson
https://doi.org/10.14195/978-989-26-1861-6_13
Public sector accounting future challenges: EPSAS outlook
Lisa Schmidthuber;Dennis Hilgers
https://doi.org/10.14195/978-989-26-1861-6_14
Conclusion
Peter C. Lorson;Ellen Haustein;Susana Jorge
https://doi.org/10.14195/978-989-26-1861-6_15