123 © The Author(s) 2019
J. Caruana et al. (eds.), Financial Sustainability of Public Sector
Entities, Public Sector Financial Management,
https://doi.org/10.1007/978-3-030-06037-4_7
CHAPTER 7
The Role of Public Sector Accounting
on Financial Sustainability and Governmental
Effectiveness
Marco Bisogno and Beatriz Cuadrado-Ballesteros
1 INTRODUCTION
This study aims to investigate the effects of accrual accounting adoption
and the implementation of the International Public Sector Accounting
Standards (IPSAS) on government’s effectiveness, as one of the key pillars
of public entities’ fnancial sustainability.
Despite some doubts expressed by scholars concerning both accrual
accounting adoption (Guthrie 1998; Caperchione 2006; Wynne 2008;
Barton 2009) and IPSAS implementation (Christiaens 2004; Bellanca
2014; Oulasvirta 2014; Christiaens et al. 2015), a large part of literature
M. Bisogno (*)
Department of Management and Innovation Systems, University of Salerno,
Fisciano, Italy
e-mail: mbisogno@unisa.it
B. Cuadrado-Ballesteros
Department of Management and Business Economics & Multidisciplinary
Institute for Enterprise, University of Salamanca, Salamanca, Spain
e-mail: u77171@usal.es