Comparing Cameral and Accrual Accounting in Local Governments

  • Norvald Monsen
  • Salme Näsi


Historically the accounting models applied in the governmental and business sectors differ strongly. This difference is due to the fact that there are differences between governmental and business organizations, a point to be discussed further in the next section of the paper. In spite of these differences, however, there seems to be an international trend towards the replacement of traditional governmental accounting (e.g., cameral accounting) with business accounting (i.e., accrual accounting). For example, such a change occurred in the local governmental sector in Sweden in 1986 and a similar change occurred in Finland 10 years later. Currently there are similar changes going on with regard to state accounting in these two countries.


Local Government Cash Flow Balance Sheet Income Statement Liquid Asset 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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© Springer Science+Business Media Dordrecht 2001

Authors and Affiliations

  • Norvald Monsen
  • Salme Näsi

There are no affiliations available

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