05303oam 22013454 450 991096060490332120250426110958.09781475564235147556423697814755924431475592442(CKB)2670000000278883(EBL)1606988(SSID)ssj0000972388(PQKBManifestationID)11619823(PQKBTitleCode)TC0000972388(PQKBWorkID)10958492(PQKB)11479200(MiAaPQ)EBC1606988(Au-PeEL)EBL1606988(CaPaEBR)ebr10627104(OCoLC)870245051(IMF)WPIEE2012228(IMF)WPIEA2012228WPIEA2012228(EXLCZ)99267000000027888320020129d2012 uf 0engur|n|---|||||txtccrSome Algebra of Fiscal Transparency : How Accounting Devices Work and How to Reveal Them /Timothy Irwin1st ed.Washington, D.C. :International Monetary Fund,2012.1 online resource (20 p.)IMF Working PapersIMF working paper ;WP/12/228"September 2012."9781475536683 1475536682 9781475510577 1475510578 Includes bibliographical references.Cover; Contents; I. Introduction; II. One True Deficit; A. Deficit Devices; B. Debt; III. Multiple Deficits; Figures; 1. Sets of Assets and Liabilities Recognized in Different Accounting Systems; A. Accounting Systems and the Devices They Allow; B. Extended Fiscal Accounts; C. Fiscal Sustainability; Tables; 1. Summary Extended Accounts, Clean Surpluses; IV. Dirty Deficits; A. Components of Clean Surpluses; B. Devices Revisited; V. Conclusion; ReferencesAccounting devices that artificially reduce the measured fiscal deficit can be analyzed as transactions involving unrecognized assets and liabilities. Different accounting systems recognize different sets of assets and liabilities and are thus vulnerable to different sets of devices. Some devices can be revealed by moving progressively from cash accounting to modified accrual accounting to full accrual accounting. Revealing all would require the publication of extended fiscal accounts in which all future cash flows give rise to assets or liabilities.IMF Working Papers; Working Paper ;No. 2012/228AccountingStandardsFinance, PublicBudget deficitsAccountingimfAccrual accountingimfComputer Programs: OtherimfCurrenciesimfData Collection and Data Estimation MethodologyimfEconometrics & economic statisticsimfEconomic and financial statisticsimfFinanceimfFinance, PublicimfFinancial reporting, financial statementsimfFinancial statementsimfFiscal accounting and reportingimfGovernment and the Monetary SystemimfGovernment finance statisticsimfMonetary economicsimfMonetary SystemsimfMoney and Monetary PolicyimfMoneyimfNational Budget, Deficit, and Debt: GeneralimfPayment SystemsimfPublic AdministrationimfPublic finance accountingimfPublic financial management (PFM)imfPublic Sector Accounting and AuditsimfRegimesimfStandardsimfStatisticsimfUnited StatesimfAccountingStandards.Finance, Public.Budget deficits.AccountingAccrual accountingComputer Programs: OtherCurrenciesData Collection and Data Estimation MethodologyEconometrics & economic statisticsEconomic and financial statisticsFinanceFinance, PublicFinancial reporting, financial statementsFinancial statementsFiscal accounting and reportingGovernment and the Monetary SystemGovernment finance statisticsMonetary economicsMonetary SystemsMoney and Monetary PolicyMoneyNational Budget, Deficit, and Debt: GeneralPayment SystemsPublic AdministrationPublic finance accountingPublic financial management (PFM)Public Sector Accounting and AuditsRegimesStandardsStatistics332Irwin Timothy1373999DcWaIMFBOOK9910960604903321Some Algebra of Fiscal Transparency4371086UNINA