Abstract
The research aims to focus on the current application of fair value and, specifically, on the current adoption of the RC and the chance to find a more uniform technical definition of the RC, in the perspective that the IPSASB approach in relation to the RC appears sometimes contradictory. Premised of this technical framework, the research is conducted on the investigation of the adoption of fair value for tangible assets exploring the current adoption of RC by the 74 governments examined in the International Public Sector Financial Accountability Index.
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