Challenges in the Adoption of International Public Sector Accounting Standards: The Experience of the Iberian Peninsula as a Front Runner
Palgrave Pivot, Cham
The aim of this book is to take stock of the experiences of Spain and Portugal in the adaptation to the IPSASs, showing the advantages, disadvantages and the main challenges for its implementation. In chapter one, the book analyses the IPSAS and the conceptual framework, as well as the claimed benefits and criticisms of IPSAS. Chapter two makes an analysis of the diffusion of the IPSAS in the international framework and the process of harmonization in development in Europe. Chapter three and four analyze the process of adaptation to IPSAS in Portugal and Spain respectively. In the chapter five, there is a comparative analysis between Spain and Portugal, and the last chapter presents the main conclusions. This book can help to understand the level of implementation of the reforms and how governments are applying the IPSAS.
public sector accounting; public financial management; benefits of IPSAS; criticisms of IPSAS; IPSAS; EPSAS; Spain; Portugal; Iberian Peninsula; International Public Sector Accounting Standards Board; transparent financial reporting of governments: conceptual framework; accounting reforms; accounting harmonization; accrual accounting; governmental accounting; comparative analysis