| Abstrakt: |
The Governmental Accounting Standards Board (GASB) issues standards that apply to all state and local governmental units that choose to prepare their external financial statements in conformity with generally accepted accounting principles. Within these standards are numerous financial reporting requirements. It has been argued that the extent of compliance with these requirements is influenced by the constructs: socioeconomic environment, political environment, and audit quality. Prior studies that have investigated the disclosure compliance issue in the public sector have focused on municipalities with populations greater than 25,000. Consequently, public sector accounting literature is void of any empirical evidence regarding determinants of disclosure compliance by small municipalities. This paper extends prior research by investigating and comparing financial reporting of small (population less than 25,000) and large (population greater than 25,000) cities. [ABSTRACT FROM AUTHOR] |
