Title: Harmonisation, a road to the public sector accounting modernisation?

Authors: Marius-Ioan Mihut; Andrei-Razvan Crisan

Addresses: Babes-Bolyai University, Cluj-Napoca, Romania ' Babes-Bolyai University, Cluj-Napoca, Romania

Abstract: In the last decades, the globalisation had a substantial influence on the accounting field. Thus, the accounting harmonisation has gained more and more ground, including in the public sector. In this context, the purpose of the paper is to identify the steps taken for public sector accounting modernisation, through the accounting harmonisation process, analysed both at the European and international level. The investigation leads to the conclusion that the European Public Sector Accounting Standards (EPSAS) represent just a project for the moment, but, at the international level, there are some countries that apply International Public Sector Accounting Standards (IPSAS) to a different extent.

Keywords: harmonisation; public sector; International Public Sector Accounting Standards; IPSAS; European Public Sector Accounting Standards; EPSAS; modernisation.

DOI: 10.1504/IJEA.2020.109929

International Journal of Economics and Accounting, 2020 Vol.9 No.3, pp.221 - 237

Received: 16 Sep 2019
Accepted: 01 Feb 2020
Published online: 29 Sep 2020 *

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