A comparison of debt measures in fiscal statistics and public sector financial statements. Issue 7 (10th November 2018)

• Record Type: Journal Article
• Authors: Dabbicco, Giovanna
• Is Part Of: Public money & management. Volume 38:Issue 7(2018)
• Page Start: 511
• Page End: 518
• Publication Date: 2018-11-10
• Subjects: General Purpose Financial Statements (GPFS) -- Government Finance Statistics (GFS) -- harmonization -- IPSAS -- public debt; Finance, Public -- Great Britain -- Periodicals; Great Britain -- Economic policy -- 1945-1964 -- Periodicals; 336.005
• DOI: 10.1080/09540962.2018.1527543
• Languages: English
• ISSNs: 0954-0962

Abstract

Abstract : This paper examines the differences between measures of debt used to analyse a government's financial position. It compares the statistical and accounting approaches and presents a way of reconciling the two statements: thereby identifying possible convergence between GPFS and GFS. In doing so, it contributes to the ongoing international debate on harmonization of public sector accounting standards, such as IPSAS/EPSAS and GFS.