IDEAS home Printed from https://ideas.repec.org/a/ids/ijaape/v1y2004i3p342-362.html
   My bibliography  Save this article

The importance and usefulness of financial reporting of municipalities: a case study of municipalities in Mauritius

Author

Listed:
  • Pran Krishansing Boolaky

Abstract

There is already a body of literature on local government management and control, financial accounting and reporting in (Coombs et al., 1999). Most of these researchers have addressed the issue of the usefulness of financial reporting by municipalities in the context of large countries such as Malaysia or developed economies such as Australia, United States and United Kingdom (Coombs et al., 1999; Alijarde, 1997; Robbins, 1984). However, there is hardly any empirical evidence on the usefulness of financial reporting by municipalities from small island economies, such as Mauritius. Therefore, this paper fills that gap and attempts to analyse the issues using the information on municipalities in Mauritius. It focuses on the importance and usefulness of financial reports to the taxpayers including employees of the municipalities as users of the financial information. For this purpose, a survey was carried out on a sample of 300 taxpayers including employees and the general finding is that 99% of the taxpayers are interested to know how the municipalities use the tax collected from them. The findings of this study are consistent with the findings of Coombs et al. (1999) and Alijarde (1997). The study also reveals that the taxpayers are interested in other information such as a "statement of tax collected and how utilised" by municipalities.

Suggested Citation

  • Pran Krishansing Boolaky, 2004. "The importance and usefulness of financial reporting of municipalities: a case study of municipalities in Mauritius," International Journal of Accounting, Auditing and Performance Evaluation, Inderscience Enterprises Ltd, vol. 1(3), pages 342-362.
  • Handle: RePEc:ids:ijaape:v:1:y:2004:i:3:p:342-362
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=5925
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijaape:v:1:y:2004:i:3:p:342-362. 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: (Darren Simpson). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=41 .

    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.

    We have no references for this item. You can help adding them by using 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.