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The New Business of Government Budgeting: Reporting Non‐Financial Performance Information in Victoria
Author(s) -
Carlin Tyrone,
Guthrie James
Publication year - 2001
Publication title -
australian accounting review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.551
H-Index - 36
eISSN - 1835-2561
pISSN - 1035-6908
DOI - 10.1111/j.1835-2561.2002.tb00386.x
Subject(s) - accounting , government (linguistics) , accountability , business , quality (philosophy) , finance , financial management , public sector , economics , political science , linguistics , philosophy , economy , epistemology , law
Since the early 1990s the general and financial management of the Victorian public sector has been significantly transformed. This research examines and explains the content, nature and quality of non‐financial disclosures, including those related to performance indicators, through a disclosure indicator analysis of reporting practices in recent government budget papers. It reports the results of its application to the last three years' budget papers. The findings highlight the problems in the reporting of non‐financial performance indicators in the Victorian budget papers. These results indicate a significant gap between “official” expectations of the type of items required to be reported and actual budgetary reporting practices – some many years after regulation and major financial accountability reforms have taken place.