Digital Governmental Financial Reporting: First Evidence from Italy
| Autor: | Andrea Fradeani, Michela Soverchia, Eldi Metushi |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2018 |
| Předmět: |
Finance
Government financial reporting XBRL Accountability Transparency Government financial reporting business.industry media_common.quotation_subject 05 social sciences 050201 accounting Audit computer.file_format XBRL Private sector Transparency Transparency (behavior) State (polity) Open standard 0502 economics and business Financial crisis Accountability 0509 other social sciences 050904 information & library sciences business computer media_common |
| Zdroj: | Lecture Notes in Information Systems and Organisation ISBN: 9783319626352 |
| Popis: | The aim of this paper is to analyze the role that XBRL, the open standard for digital business reporting (which is being widely adopted around the world in the private sector), could play within governmental financial reporting. Literature on this issue is poor, and this research topic seems to be particularly relevant: considering the strong need for governments’ information transparency strengthened by the recent financial crisis, XBRL could be a useful digital standard to push and improve governments’ accountability, and thereby preventing or avoiding potential future crisis. This issue needs specific research because the role of XBRL within governmental financial reporting is slightly different to its role in the private sector. The theoretical analysis provided in the paper is accompanied by a case study concerning Italy, where two recent projects realized by the Court of Auditors and the State General Accounting Department introduced the use of XBRL as a tool to collect financial information from Italian Regions and Local Governments. |
| Databáze: | OpenAIRE |
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