The limits of accrual accounting applied to public accounts : a French view

Jean-Paul Milot

The French system of public accounts continues to function at its current state with little doubt. The gap between information provided on the one hand, and users’ vague expectations on the other however, is insistent and continues to widen. At its current state, the public accounts system is not only costly but is also starting to prove inadequate in addressing the challenges of the future. This article aims to determine the extent to which this system could be enhanced – and at what cost – or whether the development of a new system built on different principles should be considered.

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Year of publication:	2021
Authors:	Milot, Jean-Paul
Publisher:	Paris : OECD Publishing
Subject:	public finances \| accrual accounting \| public accounts \| contingent liability \| consolidation \| notes to financial statements \| financial accounting \| Rechnungsabgrenzung \| Accruals and deferrals \| Öffentliches Rechnungswesen \| Public accounting \| Öffentlicher Haushalt \| Public budget \| Rechnungswesen \| Accounting \| Öffentliche Finanzen \| Public finance \| Frankreich \| France \| Jahresabschluss \| Financial statement \| Wirtschaftsprüfung \| Financial audit \| Haftung \| Liability