Article: The managerial decisions for the European Union under the siege of changes in the public sector accounting Journal: African Journal of Accounting, Auditing and Finance (AJAAF) 2016 Vol.5 No.3 pp.207 - 230 Abstract: This paper aims to identify and analyse the way in which public sector accounting standards are facing the challenges of national governments' decisions among the European Union. It enriches the literature by underpinning the research questions on the institutional theory throughout all three types of isomorphism paradigm (coercive, normative and mimetic). The analysis was carried out on two stages by combining complex statistical methods (multidimensional scaling technique and principal component analysis) to assess the correlation between knowledge, acceptance and necessity of international standards for accrual-based accounting at European Union level. The results show that European Union countries are familiar with the public sector standards form and content, even if there still are many differences in how these are applied. Moreover, there is an undeniable need for a referential disjunction between the public and private sector, which supports the adoption of the European Public Sector Accounting Standards as an accrual benchmark. Inderscience Publishers - linking academia, business and industry through research

Title: The managerial decisions for the European Union under the siege of changes in the public sector accounting

Authors: Cristina Silvia Nistor; Cristina Alexandrina Stefanescu

Addresses: Department of Accounting and Audit, Faculty of Economics and Business Administration, Babes Bolyai University, Teodor Mihali Street no 58-60, 400591, Cluj Napoca, Romania ' Department of Accounting and Audit, Faculty of Economics and Business Administration, Babes Bolyai University, Teodor Mihali Street no 58-60, 400591, Cluj Napoca, Romania

Abstract: This paper aims to identify and analyse the way in which public sector accounting standards are facing the challenges of national governments' decisions among the European Union. It enriches the literature by underpinning the research questions on the institutional theory throughout all three types of isomorphism paradigm (coercive, normative and mimetic). The analysis was carried out on two stages by combining complex statistical methods (multidimensional scaling technique and principal component analysis) to assess the correlation between knowledge, acceptance and necessity of international standards for accrual-based accounting at European Union level. The results show that European Union countries are familiar with the public sector standards form and content, even if there still are many differences in how these are applied. Moreover, there is an undeniable need for a referential disjunction between the public and private sector, which supports the adoption of the European Public Sector Accounting Standards as an accrual benchmark.

Keywords: International Public Sector Accounting Standards; IPSAS; European Public Sector Accounting Standards; EPSAS; European Union; public sector; accrual accounting.

DOI: 10.1504/AJAAF.2016.083714

African Journal of Accounting, Auditing and Finance, 2016 Vol.5 No.3, pp.207 - 230

Received: 06 Jul 2016
Accepted: 22 Nov 2016
Published online: 19 Apr 2017 *

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Title: The managerial decisions for the European Union under the siege of changes in the public sector accounting

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