Subject(s): Local finance -- Accounting -- Public Management -- Accounting and accountability in local government, Sino-American comparison of budget and accounting coverage -- Public sector capital- policy reforms and accountability mutations, financial reporting practice- comparative study of local authority financial reports between UK and Malaysia, trends and open issues in governmental accounting system- some elements of comparison, local government accounting in Europe - comparative approach, municipal accounting reform in Flanders, strategy for implementing cost allocation in a Dutch municipality, accounting system reform and management in Japanese local government, Russian local government accounting, some considerations on significance of the assets and liabilities statement in Italian local government accounting reform -- External reporting of capital assets- source and uses model, new public management and its accounting implications- some references to recent developments in Spanish local authorities, scope of accounting consolidation in local public sector, external audit in Spanish local authorities