INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS: EXAMINATION OF THE PROPERTY, PLANT AND EQUIPMENT (IPSAS 17) STANDARD

Yıl 2023, Cilt: 23 Sayı: 70, 161 - 182, 15.09.2023

Hüseyin Özyiğit , Sait Kaygusuz

https://doi.org/10.55322/mdbakis.1289875

Öz

The public sector accounting practices of the countries may be different from each other. International
Public Sector Accounting Standards (IPSAS) are designed to improve the quality, ensure consistency
and increase accountability and transparency in public finance in the financial reporting of public
organizations. IPSAS is used by government and public sector organizations around the world,
including many countries in Europe, Africa and Asia. In this context, the purpose of the study is to
make explanations about the IPSAS 17 Property, Plant and Equipment standard, to provide examples
and to help the availability of the IPSAS 17 Property, Plant and Equipment standard in public
organizations by increasing awareness. Document analysis method, one of the qualitative research
methods, was used in the study. Document analysis allows the understanding, discovery, development
and elimination of ambiguities of the relevant subject. As a result, it is believed that if attention is paid
to finance, initial accounting and cost elements, depreciation, revaluation and professional approaches
of the authorities, it will contribute to the applicability of the IPSAS 17 Property, Plant and Equipment
standard by public institutions.

Anahtar Kelimeler

IPSAS, Property Plant and Equipment, Application Examples

ULUSLARARASI KAMU SEKTÖRÜ MUHASEBE STANDARTLARI: MADDİ DURAN VARLIKLAR (IPSAS 17) STANDARDININ İNCELENMESİ

Öz

Ülkeler arasındaki kamu sektörü muhasebe uygulamaları birbirinden farklı olabilmektedir. Uluslararası
Kamu Sektörü Muhasebe Standartları (IPSAS); kamu kuruluşlarının mali raporlamasında kaliteyi
artırmak, tutarlılığı sağlamak ve kamu maliyesinde hesap verebilirliği ve şeffaflığı artırmak için
tasarlanmıştır. IPSAS; Avrupa, Afrika ve Asya’daki birçok ülke de dahil olmak üzere dünya genelinde
hükümet ve kamu sektörü kuruluşu tarafından kullanılmaktadır. Bu bağlamda çalışmanın amacı;
IPSAS 17 Maddi Duran Varlıklar standardı hakkında açıklamalar yapmak, örnekler vermek ve kamu
kuruluşlarında IPSAS 17 Maddi Duran Varlıklar standardının farkındalığını artırarak kullanılabilirliğine
yardımcı olmaktır. Çalışmada nitel araştırma yöntemlerinden doküman analizi yöntemi kullanılmıştır.
Doküman analizi, ilgili konunun anlaşılmasına, keşfedilmesine, geliştirilmesine ve belirsizliklerinin
giderilmesine imkân vermektedir. Sonuç olarak; finansmana, ilk muhasebeleştirme ve maliyet
unsurlarına, amortismanlara, yeniden değerlemeye ve yetkililerin profesyonel yaklaşımlarına önem
verilmesi durumunda, IPSAS 17 Maddi Duran Varlıklar standardının kamu kuruluşları tarafından
uygulanabilirliğine katkı sağlayacağı düşünülmektedir.

Anahtar Kelimeler

IPSAS, Maddi Duran Varlıklar, Uygulama Örnekleri

Kaynakça

• Abdulkarim, M. E., Umlai, M. I. & Al-Saudi, L. F. (2022). Culture, language, and accounting reform: a new pers-pective on IPSAS implementation. Journal of Accounting and Organizational Change, 1832-5912.
• Ada, S. S. (2018). The Implementation Process of IPSAS. Ghent University.
• Adhikari, P. & Gårseth-Nesbakk, L. (2016). Implementing public sector accruals in OECD member states: major issues and challenges. Accounting Forum, 40(2), 125-142.
• Adhikari, P., Kuruppu, C., Wynne, A. & Ambalangodage, D. (2015). Diffusion of the cash basis international public sector accounting standard (IPSAS) in less developed countries (LDCs) – the case of the Nepali Central government. Research in Accounting in Emerging Economies, 15, 85-108.
• Aversano, N. & Ferrone, C. (2012). The accounting problems of heritage assets. Advanced Research in Scientific, 574-578.
• Baskerville, R. & Grossi, G. (2019). Glocalization of accounting standards: observations on neo-institutionalism of IPSAS. Public Money & Management, 39(2), 95-103.
• Benito, B., Brusca, I. & Montesinos, V. (2007). The harmonization of government financial information systems: the role of the IPSASs. International Review of Administrative Sciences, 73(2), 293-317.
• Bergmann, A., Fuchs, S. & Schuler, C. (2019). A theoretical basis for public sector accrual accounting research: current state and perspectives. Public Money & Management, 39(8), 560-570.
• Bergmann, A., Grossi, G., Rauskala, I. & Fuchs, S. (2016). Consolidation in the public sector: methods and appro¬aches in organization for economic co-operation and development countries. International Review of Administra¬tive Sciences, 82(4), 763-783.
• Biondi, Y. (2017). Harmonising European public sector accounting standards (EPSAS): issues and perspectives. Accounting, Economics, and Law: A Convivium, 7(2), 117-123.
• Brito, J. R. & Jorge, S. (2020). The institutionalization of a new accrual-based public sector accounting system: the case of Cape Verde. International Journal of Public Administration, 44(5), 372-389.
• Brusca, I., Caperchione, E., Cohen, S. & Manes-Rossi, F. (2018). IPSAS, EPSAS and other challenges in Europe-an public sector accounting and auditing. The Palgrave Handbook of Public Administration and Management in Europe, Springer.
• Caruana, J. & Grima, L. (2019). IPSAS, ESA and the fiscal deficit – a question of calibration. Public Money and Management, 39(2), 113-122.
• Christiaens, J., Vanhee, C., Manes Rossi, F., Aversano, N. & Van Cauwenberge, P. (2015). The effect of IPSAS on reforming governmental financial reporting: an international comparison. International Review of Administrative Sciences, 81(1), 158-177.
• EY. (2012). Overview and comparison of public accounting and auditing practices in the 27 EU member states. EY final report prepared for Eurostat. https://ec.europa.eu/eurostat/documents/1015035/4261806/study-on-public-ac¬counting-and-auditing-2012.pdf/5ad43e2b-2ba7-4b05-afab-d690fc2ad9dd, (Erişim Tarihi: 14.02.2023).
• Gomez-Villegas, M., Brusca, I. & Bergmann, A. (2020). IPSAS in Latin America: innovation, isomorphism or rhetoric? Public Money and Management, 40(7), 489-498.
• Goddard, A., Assad, M., Issa, S., Malagila, J. & Mkasiwa, T.A. (2016). The ‘two publics’ and institutional theory – a study of public sector accounting in Tanzania. Critical Perspectives on Accounting, 40, 8-25.
• Grossi, G. & Pepe, F. (2009). Consolidation in the public sector: a cross-country comparison. Public Money and Management, 29(4), 251-256.
• Grossi, G. & Steccolini, I. (2015). Pursuing private or public accountability in the public sector? Applying IPSASs to define the reporting entity in municipal consolidation. International Journal of Public Administration, 38(4), 325-334. Haijaa, A., Alaa, M., Laith, A. & Mohammad, J. (2021). Key success factors in implementing international public sector accounting standards. Accounting, 7, 239-248.
• Heald, D. & Hodges, R. (2015). Will austerity be a critical juncture in European public sector financial reporting? Accounting, Auditing & Accountability Journal, 28, 993-1015.
• Hepworth, N. (2017). Is implementing the IPSASs an appropriate reform? Public Money and Management, 37(2), 141-148.
• IAEA. (2021). The agency’s financial statements for 2021. https://www.iaea.org/sites/de fault/files/gc/gc66-3.pdf, (Erişim Tarihi: 20.01.2023)
• IPSASB. (2022) Handbook of internatıonal publıc sector accountıng pronouncements. https://www.ifac.org/sys¬tem/files/publications/files/IPSASB-Handbook-2022-Volume-1 -Web.pdf, (Erişim Tarihi: 10.01.2023).
• Jorge, S. (2015). Public sector accounting and auditing in Portugal. Public sector accounting and auditing in Euro¬pe: The challenge of harmonization, Hampshire.
• Jorge, S., Brusca, I. & Nogueira, S. P. (2019). Translating IPSAS into national standards: an illustrative compari-son between Spain and Portugal. Journal of Comparative Policy Analysis: Research and Practice, 21(5), 445-462.
• Jorge, S. M., Jesus, M. A. & Laureano, R. M. (2016). Governmental accounting maturity toward IPSASs and the approximation to national accounts in the European Union. International Journal of Public Administration, 39(12), 976-988.
• Kartiko, S. W., Rossieta, H., Martani, D. & Wahyuni, T. (2018). Measuring accrual-based IPSAS implementation and its relationship to central government fiscal transparency. BAR – Brazilian Administration Review, 15(4).
• Lokuwaduge, C.S. & Silva, K. (2020). Determinants of public sector accounting reforms: a case study of Sri Lanka in rapidly developing Asia. International Journal of Public Sector Management, 33(3), 191-205.
• Lowensohn, S. & Kidwell, L. A. (2019). Participation in the process of setting public sector accounting standards: the case of IPSASB. Accountancy Europe, 16, 177-194
• Makaronidis, A. (2017). European public sector accounting standards (EPSAS). Accounting, Economics and Law, 7(2), 155-160.
• Mattei, G., Jorge, S. & Grandis, F. G. (2020). Comparability in IPSASs: lessons to be learned for the European standards. Accounting in Europe, 17(2), 152-158. Mkasiwa, T. A. (2022). The magic of IPSAS accrual: the real without reality. International Journal of Public Sector Management, 35(6), 692-706.
• Mnif, Y. & Gafsi, Y. (2020). A contingency theory perspective on the analysis of central government accounting disclosure under international public sector accounting standards (IPSAS). Meditari Accountancy Research, 28(6), 1089-1117.
• Müller-Marqués Berger, T. (2018). IPSAS explained: a summary of international public sector accounting stan-dards. John Wiley & Sons.
• Patrick, E. A., Danladi, O. A., Caleb, A. J. & Linda, J. U. (2017). Accountants’ perceptions of IPSAS application in Nigerian public sector financial management and reporting. Journal of Economics, Management and Trade, 1-22.
• Polzer, T., Gårseth-Nesbakk, L. & Adhikari, P. (2019). Does your walk match your talk? Analysing IPSASs diffu-sion in developing and developed countries. International Journal of Public Sector Management, 33, 1-23.
• Polzer, T., Grossi, G. & Reichard, C. (2021). The harmonization of public sector accounting and diffusion of IP-SAS. Palgrave Pivot, Cham.
• Ranjani, R. & Neba, A. A. (2016). The relationship between governmental performance and participation in pub¬lic sector accounting and financial processes: the case of IPSAS implementation in Nigeria. Journal of Emerging Trends in Economics and Management Sciences, 7(1), 13-21.
• Sayer, P. & Crawford, T. (2017). Developing a collaborative qualitative research project across borders: issues and dilemmas. The Qualitative Report, 22(6), 1580-1588.
• Schmidthuber, L., Hilgers, D. & Hofmann, S. (2022). International public sector accounting standards (IPSASs): a systematic literature review and future research agenda. Financial Accountability and Management, 38, 119-142.
• Tight, M. (2019). Documentary research in the social sciences. Sage.
• Umut, E. & Öztürk, C. (2019). Uluslararası kamu sektörü muhasebe standartları (IPSAS): genel bakış ve IFRS’ler¬den farklılığı. Muhasebe ve Finansman Dergisi, 445-478.
• UNESCO. (2021). Financial statements. https://unesdoc.unesco.org/ark:/48223/pf00003 83707?posInSet=1&qu¬eryId=3145d538-b6c0-4acb-9c5f-72e008457ec8, (Erişim Tarihi: 13.01.2023).
• Vaidya, S. (2020). IPSAS: the right track. AB Magazine. https://abmagazine.accaglobal.com/ global/articles/2020/ ab-nov-2020/public/ipsas–the-right-track.html, (Erişim Tarihi: 24.01.2023).