Course aims:

- Dissemination of international accounting standards in the public sector and the awareness of their need for non-discriminatory treatment in the calculation of macroeconomic indicators and to improve coordination of public finance policies.
- Acquisition of knowledge about the major changes that occured in the accounting of the public sector, nationally and internationally
- The capacity of reasoning in order to apply in the ours public accountingnrules and regulations converged with the international ones
- Developing skills regarding the international public sector accounting practices

Course Entry Requirements:

N/A

Course contents:

1. General guidelines on international accounting standards
2. Accounting convergence of public institutions with International Public Sector Accounting Standards (IPSAS).
3. IPSAS for accrual accounting.
4. IPSAS for cash accounting.
5. European Public Sector Accounting Standards (EPSAS).

Teaching methods:

Lecture, conversation, exemplification.

Learning outcomes:

- Analysis and interpretation of accounting information in relation to international realities and trends in public sector accounting.

- Identify the tools and strategies needed to build a rational, efficient and internationally compatible accounting system for the public sector

 

Learning outcomes verification and assessment criteria:

Written exam – 75%; verification during semester – 25%.

Recommended reading:

Cenar I.,, Cash Accounting Standardization in the Public Sector, http://oeconomica.uab.ro/upload/lucrari/1220101/07.pdf, Alba Iulia, 2010, 79-87.
Cenar I., Call for professional judgment. policy and accounting Estimates Changes Within Public Institutions, http://www.oeconomica.uab.ro/upload/lucrari/1420122/04.pdf, Alba Iulia, 2012, 348-356.
Cenar I., Accounting policies and treatments of contingent assets and liabilities in public institutions, http://www.oeconomica.uab.ro/upload/lucrari/1320112/05.pdf, Alba Iulia, 2011, 231-240.
isasb, • https://www.ipsasb.org/publications/2021-handbook-international-public-sector-accounting-pronouncements, ipsas.org, Washington, 2021, 1-3.