Fiscal Illusions (Irwin)

Accounting devices and fiscal illusions prepared by Timothy C. Irwin published by IMF (3/2012). “A government seeking to reduce its deficit can be tempted to replace genuine spending cuts or tax increases with accounting devices that give illusion of change without its substance, or that make the change appear larger than it actually is. Under ideal accounting standards, this would not be possible, but in real accounting it sometimes is.”

Verificar em: