Journal article
The Effect of Regulation on Local Government Disclosure Practices
Journal of accounting and public policy, Vol.6(4), pp.245-270
1987
DOI: 10.1016/S0278-4254(87)80002-9
Abstract
The effect of state regulations on the reporting practices of local government is investigated by examining the reporting practices of 544 US cities with populations in excess of 20,000 and the local government reporting requirements of the respective state governments. Some states require compliance with generally accepted accounting principles (GAAP), some require compliance with state-designated (non-GAAP) disclosure practices, and some do not regulate such reporting. It is found that disclosure practices of cities in states that do not regulate local government reporting do not differ significantly from the practices of cities in GAAP-regulated states. When considered together with other political and socioeconomic variables, GAAP regulation seems to have a negligible effect on financial reporting practices. However, non-GAAP practices appear to have a significant effect on the reporting practices of local governments in such states.
Details
- Title: Subtitle
- The Effect of Regulation on Local Government Disclosure Practices
- Creators
- Robert IngramDouglas DeJong
- Resource Type
- Journal article
- Publication Details
- Journal of accounting and public policy, Vol.6(4), pp.245-270
- DOI
- 10.1016/S0278-4254(87)80002-9
- ISSN
- 0278-4254
- eISSN
- 1873-2070
- Publisher
- Elsevier Sequoia S.A
- Language
- English
- Date published
- 1987
- Academic Unit
- Accounting
- Record Identifier
- 9984962885502771
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