Abstract

SOUR, Laura. Progress in the quantity of financial information in the public sector in Mexico following the LGCG. Contad. Adm [online]. 2017, vol.62, n.2, pp.419-441. ISSN 0186-1042.  https://doi.org/10.1016/j.cya.2017.01.001.

This work evaluates the amount, quality, and harmonization of the financial information published by Mexico City, the states, and the Federal Government during the period of 2008–2012, following the approval of the General Law of Government Accounting (LGCG). Firstly, the requirements indicated by the CONAC and subsequently by the International Public Sector Accounting Standards (IPSAS) are used to evaluate the publication of financial statements. Secondly, the compliance of the publication of the accounts indicated by IPSAS 1, 2 and 17 is reported. Finally, the harmonization of the financial statements is studied through the Herfindahl-Hirschman Index (HHI) to determine if the financial statements are comparable with one another. The results indicate that the public sector has increased the amount, quality, and harmonization of the financial information published during the study period.

Keywords : International Public Sector Accounting Standards (IPSAS); Public Sector Accounting; State government expenditure; Accountability; Mexico.