Primary among these factors are: (1) coalitions of voters that might induce increased monitoring and demand for information, (2) political appointive powers that might increase monitoring and demand for information among individuals in government, (3) strength of the Press to induce more official ...
This process has made municipal financial statements lose relevance, since these reports do not include information about organisations providing (directly or indirectly) services on behalf of the Local Government. In order to investigate the municipal reporting entity, we sent a postal questionnaire to...
Government-Wide(Level1)Fund(Level2)Notestofinancialstatements RSI StatisticalSection Government-WideFinancialReporting LevelOneFinancialStatementsAccrualBasisofAccountingEconomicResourcesMeasurementFocusGeneralGovernmentFixedassetsandgenerallong-termdebtarereportedinthesestatements FinancialStatements-GW StatementofNetAssets Sep...
This study is aimed to determine factors that affect the probability for local government financial statements to obtain unqualified opinion. Quantitative methods of probit logistic regression is used in this study. It can be seen that the amount of assets, grant expenditures, audit recommendations, ...
It recommends that the local government council in Edo State should ensure that their financial statements are published at the right time of their financial year so that users of the financial statements can have access to their reports. It is concluded that the timely release of a financial ...
Then we discuss the interfund-eliminations necessary when preparing government-wide financial statements. What Is Interfund Activity? Governments organize the accounting of their activities into various funds. There are: The governmental funds, which are used to record primary activit...
This study aimed to analyze the use of region€s financial accounting information system to the quality of local government financial reports. The quality of the financial statements includes the relevance, reliable, comparable, and understandable. The dependent variable in this study is the quality ...
the consolidation of financial statements of local units and utility companiesCroatiaThe global financial crisis has affected the Croatian local public sector. In such circumstances, local government units' debts and borrowing should be approached with caution. The highly interwoven financial operations of...
for each fund. These records are then combined and adjusted to prepare the government-wide financial statements. We cover this process of deriving government-wide financial data in several other lessons, and in this lesson, we will focus on the preparation of the government-wide statement of ...
SOE—State-owned enterprise; encompasses nonfinancial-institution SOEs controlled by an LRG. LRG--Local and regional government. Source: Local Finance Bureau websites, Wind, S&P Global Ratings. Tightening SOE management won't stop the deterioration in the finances of local SOEs...