International Journal on Governmental Financial Management – 2008 53
GOVERNMENT FINANCESTATISTICS IN TURKEY
Prof. Dr. Necdet SAGLAMFaculty of Economics and Administrative SciencesAnadolu University, Turkey
The foundation of modern public financial reporting lies in the communication of financialinformation about the government’s activities to its citizens and their representatives in parliament. This information should refer to the activities of public administrators for theentire state, covering pre-determined periods. This is a key aspect of the accountability of the Government and its administration to parliament and the electorate more widely. It isincreasingly a requirement of international obligations as required by, for example, theIMF and the European Union.In Turkey there will be challenges in providing financial information in the requiredformats. These will include technical, legal, financial data quality and consolidation of financial data, human resources etc. In this study some of these problems are investigatedand ideas are offered clear to help the authorities in harmonizing the two systems.The study provides a literature review of Government Finance Statistics and Disclosures ininternational and local level and interviews with key persons in Turkey. The next sectionintroduces the statistical approaches to financial reporting developed by the UN and IMF.The third section considers the differences between the international public sector accounting standards and this statistical approach. The fourth section considers theapproach adopted by Turkish Governments for accounting and financial reporting. The paper ends with a conclusion.
Financial Reporting in Government Sector
The Structure of the Public Sector
Government structures are generally more complex than the structures of private sector organisations. Figure 1 illustrates
common government levels and sectors. Budgeting andaccounting methods have generally differed between levels and sectors—for instance,