International accounting in the governmental sector : a case study of the financial Statements of San Luis Potosí's municipality, Mexico

Abstract

The purpose of this thesis is to analyze the financial statements from the municipality of San Luis Potosí, Mexico. In order to assess how informative are the financial statements issued currently by this municipality. And how to improve them, based on the analysis of the three accounting frameworks presented namely: commercial accounting, fund accounting and cameralistics accounting, these three frameworks are presented accompanied by illustrative examples. Thereafter the financial statements of this municipality are analyzed in detail, through this case study, the author find out that the method used to develop the financial statements of this municipality, and will discuss whether or not the method used to develop the financial statements object of this study fulfill all the needs of this governmental organization, such as: money management, budgetary control, and payment control, in order to propose some suggestion of how to improve them and make them more informative in order to achieve accountability.