This paper presents an overview of the current Belgian accounting reform. This reform treats the transition from a cameralistic/cash accounting to a system that integrates both the cameralistic and the accrual accounting in Flemish municipalities. The focus is on actual empirical outcomes of implementation and disclosure based on a sample of annual accounts. An important issue is the lack of a conceptual disclosing framework, which leads to a number of problems and shortcomings in the disclosed annual accounts. The empirical examination reveals that certain important information items such as pension provisions are not disclosed nor commented and that the disclosure considering non-monetary assets is questionable.
Download Info
To our knowledge, this item is not available for
download. To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.
Publisher Info
Article provided by Editions du DULBEA, Université libre de Bruxelles, Department of Applied Economics (DULBEA) in its journal Cahiers Economiques de Bruxelles.
Find related papers by JEL classification: H79 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Other M49 - Business Administration and Business Economics; Marketing; Accounting - - Accounting - - - Other
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)