Measurement in Public Sector Financial Reporting

Josette Caruana is Associate Professor in the Department of Accountancy, University of Malta, Malta and a certified public accountant.Marco Bisogno is Associate Professor in Accounting in the Department of Management & Innovation Systems, University of Salerno, Italy. Mariafrancesca Sicilia is a Full Professor in Public Sector Management and Accounting in the Department of Management, University of Bergamo, Italy.

• Foreword; Sandra CohenINTRODUCTIONChapter 1. Exploring the Measurement Dilemma in Public Sector Financial Reporting; Josette Caruana, Marco Bisogno, and Mariafrancesca SiciliaFRAMEWORKS AND METHODOLOGIESChapter 2. Pathways for Implementing an Asset Information Framework for the Valuation and Management of Fixed Assets; Mohamed Salah and Marco BisognoChapter 3. Accounting for Public Sector Assets: Comparing Historical Cost and Current Value Models; Yuri Biondi and Lasse OulasvirtaChapter 4. The Principle of Prudence in Government Accounting; Berit Adam, Jens Heiling, and Tim MeglitschChapter 5. The Applicability of the Current Operational Value for the Measurement of Assets in the Public Sector; Kamira Sánchez and Fabrizio MocaviniMEASURING AND REPORTING THE ELEMENTS IN FINANCIAL STATEMENTSChapter 6. The Measurement of Income and Expenditure: Comparing Public Accounts and National Accounts; Giovanna Dabbicco and Josette CaruanaChapter 7. The Relevance of the Consolidated Financial Statement in the Measurement of Local Government Liabilities; Cristian Carini and Claudio TeodoriChapter 8. Public Administrations’ Equity (Net Assets): Where Problems of Evaluation and Measurement Walk Together; Riccardo Mussari, Pasquale Ruggiero, and Daniela SorrentinoFOCUSING ON HERITAGEChapter 9. Measurement and Reporting of Heritage Assets - Insights from Practice in New Zealand; Nives Botica Redmayne, Fawzi Laswad, and Dimu EhalaiyeChapter 10. Measuring Heritage Assets in Public Sector Financial Reporting: Dream or Reality?; Lucia Biondi, Fabio Giulio Grandis, and Daniele VariChapter 11. Towards Convergence of Heritage Accounting Perspectives: The Public Sector and the Private Not-for-Profit Sector; Natalia Aversano and Johan Christiaens