Considerations on Harmonization of the Public Accounting in the EU Member States

Author:Univ. Assistant Melinda Timea FÜLÖP, Ph. D.; Andrei Răzvan CRIŞAN

JEL:M41, M48, M40

DOI:

Keywords:harmonization, public sector, IPSAS, EU

Abstract:
The aim of this paper was to determine the stage of public sector accounting harmonization at EU level. The motivation that led the authors to analyze the level of public sector accounting harmonization at EU level was the importance and implications of this phenomenon. With this in view, the authors have conducted a quantitative research related to public sector accounting harmonization at EU level. The importance of accounting harmonization is given by the need for transparency and comparability in financial reporting of public institutions. The results of research have shown that, although most countries of EU have began to apply IPSAS, this process will be tedious and also expensive. \r\n

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