New development: Governmental accounting reforms in Latin America. The case of the municipality of Medellín, Colombia
Título de la revista
ISSN de la revista
Título del volumen
Government accounting reforms in Medellín (Colombia) were promoted with the adoption of New Public Management principles. The reforms began by introducing accrual accounting, using this financial information for decision-making and, finally, adopting international standardization and comparability. This article shows how and why the government of Medellín modernized its public financial management systems to achieve transparency, accountability and efficiency. © 2020, © 2020 Informa UK Limited, trading as Taylor & Francis Group.