48140 20170921150109.0 doi 10.15446/innovar.v24n54.46458 sideral 88760 ART-2014-88760 eng (orcid)0000-0002-2897-1744 Brusca Alijarde, I. Universidad de Zaragoza Accrual financial reporting in the public sector: Is it a reality? 2014 Access copy available to the general public Unrestricted Although modernization of governmental accounting has led to the implementation of accrual financial reporting, budgets in most continental european countries, including spain, continue to be based on cash or modified cash methods. Consequently, cash-based and accrual- based financial information coexist. this may create problems for the full implementation of accrual financial statements. this paper analyzes the differences in practice between the results disclosed in financial and budgetary statements under both bases of accounting in order to identify to what extent accrual accounting has been implemented and to verify whether budgetary and accrual- based financial figures are significantly different. the research findings show that there is a high correlation between the current budgetary result and the economic result and, therefore, that in practice the accrual principle has not been implemented effectively. info:eu-repo/semantics/openAccess by-nc-nd http://creativecommons.org/licenses/by-nc-nd/3.0/es/ info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Montesinos Julve, V. 4002 230 Universidad de Zaragoza Departamento de Contabilidad y Finanzas Economía Financiera y Contabilidad 24, 54 (2014), 107-120 Innovar Innovar 0121-5051 427224 http://zaguan.unizar.es/record/48140/files/texto_completo.pdf Versión publicada 89064 http://zaguan.unizar.es/record/48140/files/texto_completo.jpg?subformat=icon icon Versión publicada oai:zaguan.unizar.es:48140 articulos driver 2017-09-21-14:56:47 ARTICLE