The Accounting Measurement of Public Expenditure Return and its Impact on Accounting Transformation in governmental Sectoer
DOI:
https://doi.org/10.56830/BDQH9026Keywords:
accounting measurement, return on public expenditure, cash basis, accrual basis, governmental sectorAbstract
Objective: The research aims to identify the fundamental variables affecting slowing down the transformation of governmental sector institutions from the cash basis to the accrual basis, in addition to proposing the appropriate procedure that will work to speed up this transformation and increase the effectiveness of the accrual basis in the governmental sector.
Research question: Through this research, the researcher attempted to answer the research question related to how to increase the effectiveness of applying the accrual basis in the governmental sector and to speed up the adoption of this implementation? Especially in light of the adoption of this transformation by many international professional institutions as one of the important steps for reforming public financial management.
Methodology: The researcher conducted an analytical study of a number of previous research studies in the accounting literature, which dealt with discussion and analysis of the experiences of countries in which governmental sector institutions have transformed from applying the cash basis to the accrual basis, The researcher also conducted a practical surveybased study of a number of experts and those familiar with the field of research in a number of countries registered in the International Monetary Fund database, with the aim of testing the research hypotheses that were formulated, which the researcher sees as defining the research problem and how to solve it.
Results: The process of accounting transformation in the governmental sector is not an easy process, but rather a complex process that affects a number of variables such as (governmental intervention, technology systems, workers’ opinions, the country’s cultural environment, political orientation, economic performance and governmental size), in addition to the impact of institutional theory, Which, despite being the cause of the transformation of many countries, was the reason for the reluctance of other countries to achieve this accounting transformation in their governmental sector.
Conclusion: The researcher believes that in addition to the effect of the variables that slow down the transformation of the governmental sector in some countries to adopting the implementation of the accrual basis, the greater impact is due primarily to the adoption of the institutional theory instead of the positive theory, which led to some countries taking the decision to adopt or not adoption without consideration the suitability the accrual basis philosophy based on to the practical reality in the governmental sector, and not researching how to increase the effectiveness of this accounting basis in it’s governmental sector, which eventually led to the existence of an expectations gap regarding the results of this accounting transformation, and there is no escape for the countries of the world This transformation, especially in light of the support of international professional institutions for this transformation, and therefore it is necessary to look into how to activate and expedite it instead of just examining the justifications for it’s delay.
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