engleski

Accounting for Infrastructures

Employing infrastructure assets to offer public services has several preconditions. The first precondition is to determine clearly types of infrastructure assets constituting the public sector asset portfolio and to determine the components of property rights that can be enforced on such assets. The classification enhances recognition and measurement of infrastructures and encourages professional infrastructure assets’ management development. Making decisions regarding infrastructure assets use implies gathering data on all assets, liabilities, revenues, and expenses of a governmental unit and of the general government as a whole. Since information is the most important resource in the management process, a comprehensive accounting information and information system are crucial for public revenue and expenditure planning, performance measurement, and infrastructures management control.

Accounting, financial reporting, asset management, infrastructures, recognition, measuremen

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