Advanced Search
MyIDEAS: Login

Consequences and Costs of Financial Reporting Compliance for Local Government


Author Info

  • Robyn Pilcher
  • Graeme Dean
Registered author(s):


    Local governments are continuously being subjected to changing legislation in regard to reporting requirements. Results of this research indicate that the amount of time allocated to complying with external reporting requirements was often considered excessive and not always relevant - detracting from the 'doing'. It was also revealed that the bottom line is perceived to be the most important indicator of a council's performance by stakeholders. From this, several implications emerge - including the potential for manipulation of accounting figures to achieve a target operating result. Another includes councils losing their original identity as service providers to the community. Hence, financial, political and social costs appear to be associated with continually changing financial reporting requirements imposed on local government. Future research proposes to take the derived questionnaire used here to other countries in order to determine whether data prepared using financial accounting standards (like the International Financial Reporting Standards) distort the information used by the various council decision makers.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL:
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    Article provided by Taylor & Francis Journals in its journal European Accounting Review.

    Volume (Year): 18 (2009)
    Issue (Month): 4 ()
    Pages: 725-744

    as in new window
    Handle: RePEc:taf:euract:v:18:y:2009:i:4:p:725-744

    Contact details of provider:
    Web page:

    Order Information:

    Related research



    No references listed on IDEAS
    You can help add them by filling out this form.


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Eichfelder, Sebastian, 2013. "Compliance cost estimates: Survey non-response and temporal framing effects," arqus Discussion Papers in Quantitative Tax Research 146, arqus - Arbeitskreis Quantitative Steuerlehre.


    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


    Access and download statistics


    When requesting a correction, please mention this item's handle: RePEc:taf:euract:v:18:y:2009:i:4:p:725-744. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.