Comparing Accounting Systems in Europe

Abstract

In the previous chapters a thorough discussion and presentation of public sector budgeting, accounting and auditing on a country level has been performed. Undoubtedly pluralism is evident. In this chapter we provide a summary of the main features of the systems and a synthesis of the main conclusions and trends. Harmonizing budgeting, accounting and auditing in Europe is definitely a challenge. In this chapter we break down this challenge into smaller ones dealing with the differences and similarities apparent in these systems across countries and within government levels.