New development: Importance of accounts receivable in Colombian state entities and their impact on the preparation of financial information |
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Authors: | Martha Liliana Arias Bello |
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Institution: | Pontificia Universidad Javeriana, Colombia |
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Abstract: | ABSTRACT The article shows the importance of accounts receivable in the financial structure of state entities (purely government entities and state companies), and the challenge of standardizing accounting policies in order to prepare a national consolidated balance sheet. The focus is on Colombia. The research is qualitative, based on an analytical link between the nature of state entities, liquidity management and measurement in the preparation of financial information. Evidence is provided about the opportunities and limitations of the accounting regulation frameworks established for the public sector in Colombia. The author identifies future fields of research on public sector accounting and its role in accountability. |
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Keywords: | Accounts receivable impairment liquidity measurement |
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