Public Sector Financial Statement Notes to Convergence with International Standards, Transparency, and Social Control

The financial statement notes contribute to public accounts' transparency and the instrumentalization of social control, although they are frequently absent from public sector financial statements. In this context, this study's objective was to present the structure of notes to public sect...

Full description

Saved in:
Bibliographic Details
Published in:New Challenges in Accounting and Finance 2021-01, Vol.5, p.1-16
Main Authors: de Abreu, Marcio Hipolito, Filho, Joao Eudes Bezerra
Format: Article
Language:English
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:The financial statement notes contribute to public accounts' transparency and the instrumentalization of social control, although they are frequently absent from public sector financial statements. In this context, this study's objective was to present the structure of notes to public sector financial statements, nonexistent until then, in the Brazilian setting, which would contribute to the improvement of this context. The structure was developed according to the recommendations in the wording of the Brazilian Accounting Standards. The results of this work provide public accountants with a reference structure of notes to public sector financial statements, contributing to a greater understanding and transparency of accounting rendering by users of accounting information, control bodies, and society
ISSN:2717-8722
2717-8722
DOI:10.32038/NCAF.2021.05.01