Viešojo sektoriaus apskaitos ir finansinės atskaitomybės standartų įgyvendinimo praktikoje problematika

Abstract

This article analyzes process of realization in practice and problems faced by accountants in implementation of Accounting and Financial Statement System Reform in the Public Sector which currently takes place in the European Union and other developed countries. After analyzing Public Sector Accounting and Financial Reporting Standards which were passed and implemented in Lithuania it could be stated that practical implementation is a very long and difficult process. It should be noted that Lithuanian Public Sector entities (PSEs) must prepare accounting and financial reports according to new Sector Accounting and Financial Reporting Standards (SAFRS), from 1 January 2010. Preparations for reform started in 2005, however realization of the reform has encountered numerous barriers: universal practices of SAFRS principles have been repeatedly delayed, regulated stages of execution were varying, in addition, the main standards were supplemented and changed. General trend of implementation of all levels of PSE accounting reform into practice is still slow; transactions of data in the reports submitted are too complicated and not always reflect the real situation of the institution. This article discusses the main problems faced by Lithuanian entities in implementing the reform, simulation of possible options for solution and analysis of the consequences of their execution.