Series: IMF Working Papers
Author(s): Timothy Irwin
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2012
Keywords: accounting devices, accrual accounting, cash accounting, government finance, full accrual accounting, government finance statistics, National Budget, Deficit, and Debt: General,
Accounting devices that artificially reduce the measured fiscal deficit can be analyzed as transactions involving unrecognized assets and liabilities. Different accounting systems recognize different sets of assets...