Consolidation and Accountability in the Public Sector

The teaching and learning methodologies specific to the course are articulated with the pedagogical model, as the classroom approach aims to:

– Joint exploration of the topics under discussion, promoting interaction between students (among peers or with the lecturer).

– A practical approach through the resolution of cases that highlight the concrete application of the topics, either individually, in small groups or led by the teacher.

– Use of role-playing as a teaching strategy.

– Emphasis on motivating students to study cases through concrete examples related to public entities.

– Integration of real-world situations to illustrate the practical relevance of the concepts covered.

– Where relevant, reference to research in which the teacher is involved, providing a direct connection between theory and the teacher’s practical experience.

The objectives of the course “Consolidation and Accountability in the Public Sector” are aimed at developing the specific skills and knowledge needed to provide and consolidate accounts in the public sector:

1) Become familiar with the accounting systems used in the public sector and understand how they influence the consolidation and rendering of accounts.

2) Understand the legal rules and regulations governing consolidation and accountability in the public sector.

3) Acquire knowledge of accounting principles specific to public sector entities.

4) Develop skills to consolidate the financial statements of public sector entities, considering different entities and bodies.

5) To learn how to prepare reports and accounting documents, following legal and regulatory requirements.

6) Develop the ability to analyze and interpret the information contained in public sector financial statements.

1. Relevant legal aspects relating to the presentation of the accounts of public administrations on an individual and consolidated basis.

– Public Entities Subject to Reporting

– Framework for Accountability in the Public Sector

– Basis for the Presentation of Financial Statements

– General Purpose Financial Reporting

– Financial reporting, transparency and accountability

– Auditing General Purpose Financial Reporting

2. Accounting and financial reporting standards (national and international) related to the provision and consolidation of accounts by public administrations.

3. Fundamental concepts

4. The accounting perspective

– Concept of public group

– Applicable accounting principles

– The equity method: characteristics, procedures and scope of application

– Full consolidation: characteristics, procedures and scope of application.