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Accounting Changes in the Public Sector in Estonia

Business: Theory and Practice

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Title Accounting Changes in the Public Sector in Estonia
Apskaitos pokyčiai Estijos viešajame sektoriuje
 
Creator Tikk, Juta
 
Subject accrual accounting; cash based accounting; government accounting systems; Estonia
kaupimo principu grįsta apskaita; grynųjų pinigų principu grįsta apskaita; valdymo apskaitos sistemos; Estija
 
Description This paper reviews the implementation of the accrual accounting in the entities of the Estonian public sector. It gives a brief overview of the historical development of governmental accounting theories and examines the introduction of theory-based accounting policy. It explains main problems and risks to face in connection with the accounting system change process and offers solutions. This study attempts to answer the following research question: how to gain full benefit from accounting information in public sector entities. As to general scientific research methods, mainly comparative analysis and description were used. This study reveals as follows. Firstly, approach to accrual accounting leads to financial information that fulfils needs for true and fair accounting data for decision making purposes. Secondly, reform of public sector financial accounting can improve the quality and the quantity of services provided to the citizens. Thirdly, the Estonian accounting regulation has recently succeeded a remarkable evolution. Fourthly, considerable problems that need to be solved have arisen from the process of the transition to the accrual basis accounting. The given study does not touch upon the development of budgeting systems for public sector entities. Hopefully, this study will contribute to further optimization of accounting systems and management tools for public sector entities in Estonia. Therefore, it will contribute to economic growth and development of business environment. Studies carried out by independent researchers on the move to accrual based accounting in public sector entities are relatively scarce. 
Apžvelgiamas kaupimo principu pagrįstos apskaitos taikymas Estijos valstybiniame sektoriuje, atskleidžiama viešojo sektoriaus apskaitos teorijos raida, nagrinėjamas teorija pagrįstos apskaitos politikos įdiegimas. Straipsnyje atskleidžiamos pagrindinės problemos ir pavojai, su kuriais susiduriama keičiant apskaitos sistemą, siūlomi sprendimai. Šiuo tyrimu ieškoma atsakymo į tokį klausimą – kaip kuo veiksmingiau naudoti apskaitos informaciją viešajame sektoriuje. Tyrime taikoma lyginamoji analizė ir aprašymas kaip bendri mokslinio tyrimo metodai. Šis tyrimas atskleidžia, pirma, kaip kaupimo principo požiūrio taikymas leidžia gauti finansinę informaciją, tenkinančią reikalavimus tikros ir teisingos apskaitos duomenų, reikalingų sprendimams priimti. Antra, viešojo sektoriaus apskaitos reforma gali pagerinti piliečiams teikiamų paslaugų kokybę ir kiekybę. Trečia, Estijos apskaitos reglamentavimas ? Ketvirta, nemažai problemų, kurias reikia išspręsti, kilo pereinant prie kaupimo principu pagrįstos apskaitos. Tyrimas nesiejamas su viešojo sektoriaus subjektų biudžeto sistemų plėtra. Tikimės, kad šis tyrimas padės gerinti apskaitos sistemas ir jų valdymo priemones Estijos viešajame sektoriuje. Tyrimo rezultatai naudingi siekiant plėtoti ekonomiką ir verslo aplinką. Tyrimai, atlikti nepriklausomų mokslininkų, skatinančių pereiti prie kaupimo principu pagrįstos apskaitos viešajame sektoriuje, yra gana menki. 
 
Publisher Verslas: Teorija ir Praktika / Business: Theory and Practice
Business: Theory and Practice / Verslas: Teorija ir Praktika
 
Date 2011-01-26
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
application/pdf
 
Identifier http://www.btp.vgtu.lt/index.php/btp/article/view/btp.2010.09
10.3846/btp.2010.09
 
Source Verslas: Teorija ir Praktika / Business: Theory and Practice; Vol 11, No 1 (2010); 77-85
Business: Theory and Practice / Verslas: Teorija ir Praktika; Vol 11, No 1 (2010); 77-85
 
Relation http://www.btp.vgtu.lt/index.php/btp/article/view/btp.2010.09/9
http://www.btp.vgtu.lt/index.php/btp/article/view/btp.2010.09/pdf
 
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