Indexing financial reporting information for heritage management

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dc.contributor.authorNoaman, Nabiela
dc.contributor.authorOuda, Hassan
dc.contributor.authorChristiaens, Johan
dc.contributor.otherEkonomická fakultacs
dc.date.accessioned2018-06-28
dc.date.available2018-06-28
dc.date.issued2018-06-28
dc.description.abstractThe main role of effective heritage management (HM) is to utilize heritage assets while safeguarding them for present and future generations. Proper financial reporting could increase the management capacity in safeguarding these valuable possessions by providing useful information for decision making and management discharge of accountability. In this study we focus on investigating the significance of financial reporting information for the HM practice. We assess how accounting standards comply with user-needs. For this purpose, a measurement tool; disclosure index is developed to identify and assess the significance of financial reporting information for HM. The index is tested quantitatively and qualitatively in Egypt for its huge bequest of heritage. Our results indicate that four financial reporting dimensions of HA; namely performance, accountability, disclosure and narrative are significant for HM, comprising 18 financial reporting items. While the recognition and measurement dimension is found insignificant to the managerial practice. On the international context, the study contributes to the current debate; “determining the appropriate accounting treatment for heritage assets”. This is by identifying user-needs which is the base for determining financial reporting objective. On the country context of Egypt, the results revealed that the appropriate accounting basis for HA is the modified accrual.en
dc.formattext
dc.format.extent22 strancs
dc.identifier.doi10.15240/tul/001/2018-2-013
dc.identifier.eissn2336-5604
dc.identifier.issn1212-3609
dc.identifier.urihttps://dspace.tul.cz/handle/15240/26423
dc.language.isoen
dc.publisherTechnická Univerzita v Libercics
dc.publisherTechnical university of Liberec, Czech Republicen
dc.publisher.abbreviationTUL
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dc.relation.ispartofEconomics and Managementen
dc.relation.isrefereedtrue
dc.rightsCC BY-NC
dc.subjectpublic sector accountingen
dc.subjectaccounting standardsen
dc.subjectfinancial reportingen
dc.subjectheritage managementen
dc.subjectdisclosure indexen
dc.subjectuser-needs and Egypten
dc.subject.classificationH2
dc.subject.classificationH83
dc.subject.classificationM41
dc.subject.classificationM48
dc.subject.classificationZ19
dc.titleIndexing financial reporting information for heritage managementen
dc.typeArticleen
local.accessopen
local.citation.epage207
local.citation.spage186
local.facultyFaculty of Economics
local.filenameEM_2_2018_13
local.fulltextyes
local.relation.abbreviationE+Mcs
local.relation.abbreviationE&Men
local.relation.issue2
local.relation.volume21
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