Accounting for Social Benefits in the Public Sector

Document Type : Review Paper

Authors

1 Assistant Prof ,University of Shahid Beheshti, Tehran, Iran

2 Ph.D. Student, University of Shahid Beheshti, Tehran, Iran

Abstract

Governments are moving in the direction of social benefits in order to help individuals and the general public in times of social bottlenecks and risks. Different societies, especially countries with government economies such as Iran, need public sector standards in various fields such as social benefits in order to perform accounting. The purpose of this article is to advance the discussion of possible accounting practices for social benefits. Therefore, in addition to the definitions of social benefits, due to the commitment and spending of resources, special attention should be paid to identifying elements such as debt and costs. Due to shortcomings and research gaps in this area, the International Public Sector Accounting Standard Board took the opportunity to improve its set of standards and published the Social Benefit Standard in 2019 by creating a new thinking. In addition, the present study provides an overview of the federal social security standard and the international financial reporting standard. Given the importance of this issue and the lack of sufficient empirical evidence, the present study seeks to examine the social benefits from various perspectives.

Keywords

References

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History

  • Receive Date: 07 February 2021
  • Revise Date: 14 September 2021
  • Accept Date: 18 September 2021

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