Abstract
The era of austerity that has followed the outbreak of the global financial crisis has posed a myriad of challenges for public services, with demands for major cuts in government spending, the delivery of balanced budgets and strategies for deficit reduction. This paper considers how public sector accounting and accountability systems are implicated in the development and implementation of austerity policies. Also, it pinpoints a range of issues that accounting researchers need to be contemplating on the subject of accounting for austerity.
Original language | English |
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Pages (from-to) | 878-908 |
Number of pages | 30 |
Journal | Accounting, Auditing and Accountability Journal |
Volume | 28 |
Issue number | 6 |
DOIs | |
Publication status | Published - 17 Aug 2015 |
Keywords
- public services, global financial crisis, European Union, new public management, government, cutback management, democracy.