Current public sector reforms, aimed at improving its efficiency and effectiveness, require financial information that reflects the effects of business activities no only on engaged financial but on total economic resources. There is always a dilemma which of accounting models can be applied in the public sector to best meet the requirements ...

By Dragan Vukasović, Ognjen Bakmaz, Biljana Bjelica

 The current trend of change at the global level in the political, social, economic and institutional spheres could not remain without influence on nation states and thus on the public sector. All these new conditions, phenomena and events define the new environment in which the state or the public sector operates. There is no possibility for ...

By Biljana Bjelica, Dragan Vukasović, Darko Martinov