%A Nicolae Ecobici
%T IPSAS versus National Norms on Public Institutions' Own Capitals
%D 2008
%L mpra11228
%X In this paper I have compared international standards on accounting for the public sector and those required by national norms on public institutions' own capitals, pointing out both convergences and divergences. Last, but not the least, I have compared IPSAS 1 (applied by public institutions) with IAS 1 (applied by commercial companies).
%K IPSAS, national norms, own capitals, accrual accounting, cash accounting, reference frame, residual interest, financial standing