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Journal of Public Administration (JOPA)

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ISSN : 2
The recognition of revenue and the escalating debtors of municipalities in South Africa : political and social dilemmas vs. accounting realities

Author: D. Lubbe C. Rossouw

Affiliation: D. Lubbe Head of the Afgri Research Unit for Business Ethics University of the Free State C. Rossouw Centre for Accounting University of the Free State

Source: Journal of Public Administration, 2022-02-23 14:46:04

Accreditation: Department of Higher Education and Training(DHET)



Abstract: The recognition of revenue and the escalating debtors of municipalities in South Africa : political and social dilemmas vs. accounting realities

The culture of non-payment, and other reasons, have increased the outstanding debts of municipalities and other public institutions for services rendered by them to disturbing levels. This situation is so serious that one of the most important building blocks of the public sector, namely municipalities, can collapse. The accounting and control measures within municipalities with regard to outstanding debts, and in particular to the collection of these debts together with political interference by politicians, often leave much to be desired. If the preceding, as well as principles of Generally Accepted Accounting Practice (GAAP, GAMAP and GRAP) are taken into account, it is clear that there is more than enough reason for concern that the financial statements of many municipalities in South Africa do not comply with GAAP, and for the purposes of this article, the incorrect recognition and measurement of revenue and debtors. Municipalit