Studiu empiric privind prezentarea situațiilor financiare în entitățile din sectorul public
Empirical Survey Regarding the Presentation of General Purpose Financial Statements of the Public Sector Entities

Summary/Abstract: Within this article we tried to present the difference between the accounting of the public entities from Romania and the international public sector accounting standards (IPSAS), from two points of view: • the differences between the national regulations and IPSAS; • the disagreement between the regulations issued by the Romanian authorities and the accounting practices inside public sector entities. For this we achieved a review of the literature in this area doubled by an empirical research. The literature review considered the public sector accounting history in Romania, the International Public Sector Accounting Standards Pronouncements in force and similar studies conducted by researchers in public sector field. The empirical survey was based on a questionnaire to which we received answers from sixty-three entities. All respondents to the study realized the increased complexity of the financial statements implemented by the new accounting system. They understood the role of developing accounting policies and the connections between the components of financial statements and incomes and budget execution account. However, from the results obtained, we consider that the quality of the annual public financial reports does not reach the standards of information disclosure recommended by the IPSAS and that important changes need to be implemented, affecting not only the statements provided but also their content.

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