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The policies implemented to improve the liquidity of Spanish municipalities and the introduction of the commercial debt sustainability principle reveal the importance of controlling late payment by public sector. In this context, the purpose of this paper is to analyse the effect of the fiscal rule directed to control the average payment periods of public administrations and whether the political environment, socioeconomic characteristics and financial situation influence on the average payment period of municipalities. In order to achieve this goal, an exploratory analysis is carried oud and panel data methodology (2009-2015) is applied. The paper contributes to provide evidence of the effectiveness of the commercial debt sustainability principle and improves the knowledge for the analysis of short-term financial position. ; Las medidas implantadas para mejorar la liquidez de los municipios españoles y el principio de sostenibilidad de la deuda comercial ponen de manifiesto la importancia de controlar la morosidad pública. En este contexto, este trabajo comprueba el efecto de la regla fiscal que controla los plazos de pago y si el entorno político, socioeconómico y presupuestario incide en el periodo de pago de los ayuntamientos españoles. Para ello, se realiza un análisis exploratorio y se aplica la metodología de datos de panel (2009-2015). Los resultados contribuyen a demostrar la eficacia del control del periodo de pago y evidenciar los factores de riesgo en la situación financiera a corto plazo.

In recent years, different non-financial information models have arisen, both in the private and public sec-tors, trying to complete the traditional financial reports prepared by companies and public administrations.The fundamental objective of these models has been to satisfy the interest of the stakeholders, which goesbeyond the numbers included in the balance sheet and the income statement. In the case of the publicsector, this is coupled with the discontent and distrust of citizens towards politicians and administrators ofinstitutions, which makes it necessary to emphasize tools and strategies that can improve the transparencyand accountability of administrations and restore citizen trust. Therefore, this article highlights the differ-ent non-financial information alternatives that have emerged in the literature, their practical applicationin the public sector and the opportunities that these models offer for the future. Specifically, we refer tosustainability reporting, integrated reporting, the non-financial report recently regulated for the businesssector and, finally, popular reporting En los últimos años han irrumpido con fuerza distintos modelos de información no financiera, tanto en el sector privado como en el público, tratando de completar el tradicional informe financiero preparado por empresas y administraciones públicas. El objetivo fundamental de estos modelos ha sido satisfacer el interés del conjunto amplio de los stakeholders, que va más allá de los números recogidos en el balance de situación y la cuenta de resultados. En el caso del sector público, a esto se une el descontento generalizado y la desconfianza de los ciudadanos hacia los políticos y administradores de las instituciones, lo que hace necesario poner el acento en todas aquellas herramientas y estrategias que puedan perfeccionar la transparencia y responsabilidad de las administraciones y reintegrar la confianza de sus administrados. Por ello, en este artículo se ponen de relieve las distintas alternativas de información no financiera que han ido surgiendo en la literatura, su aplicación práctica en el ámbito del sector público y las oportunidades que estos modelos ofrecen para el futuro. En concreto nos referimos a la información sostenible, la información integrada, la información popular y por último, al informe no financiero regulado en nuestra normativa para el sector empresarial.

Les normes comptables internationales du secteur public (IPSAS) sont considérées comme la voie à suivre vers la modernisation de la comptabilité publique et beaucoup de pays se sont efforcés de les adopter. Le présent article a pour but d'analyser les facteurs qui favorisent ou qui entravent l'adoption des IPSAS ainsi que leurs principaux avantages au moyen d'un modèle d'équation structurelle. La méthodologie de recherche s'appuie sur un questionnaire, qui a été envoyé à des pays d'Amérique et de l'Union européenne et qui a servi à construire le modèle structurel, et nos résultats indiquent que la comparabilité et la modernisation sont des bienfaits directs de l'application des IPSAS et que tant les pays qui les ont adoptées que les autres apprécient ces conséquences positives. Ces observations justifient le processus d'harmonisation que la Commission européenne a récemment lancé. Remarques à l'intention des praticiens L'analyse de l'impact des IPSAS dans le contexte international indique la mesure dans laquelle l'adoption des IPSAS est utile à la modernisation de la comptabilité publique et à l'amélioration de la comparabilité comptable. Le fait de décrire l'expérience des pays qui ont adopté les IPSAS peut aider les praticiens et les professionnels qui participent à la modernisation des systèmes comptables, comme l'Union européenne. Beaucoup de pays passent à présent aux IPSAS et les expériences des premiers pays peuvent enrichir le processus d'apprentissage. Dans notre article, nous verrons que l'introduction des IPSAS peut avoir de nombreux avantages dans la pratique et que les pays qui ont appliqué ces normes estiment qu'elles leur permettent d'améliorer la transparence et l'imputabilité.

The International Public Sector Accounting Standards have been seen as a path towards the modernization of governmental accounting, and many countries have made efforts to adopt them. The purpose of this article is to analyse the stimuli and barriers to the adoption of International Public Sector Accounting Standards, as well as their main benefits, using a structural equation model. The research methodology is based on a questionnaire sent to American and European Union countries that has been used to construct a structural model, and our results show that comparability and modernization are direct benefits of International Public Sector Accounting Standards implementation, and that both adopter and non-adopter countries value these positive impacts. This justifies the process of harmonization that the European Commission recently started. Points for practitioners The analysis of the impact of International Public Sector Accounting Standards in the international context shows to what extent the adoption of International Public Sector Accounting Standards are useful for modernizing governmental accounting and achieving accounting comparability. Describing the experience of countries that have adopted International Public Sector Accounting Standards can help practitioners and professionals who participate in modernizing accounting systems, such as the European Union. Many countries are now moving towards International Public Sector Accounting Standards and the experiences of pioneer countries can serve as a learning process. This article shows that introducing International Public Sector Accounting Standards can have many advantages in practice and that countries that have implemented these standards consider that they allow an increase in transparency and accountability.