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The CNOCP has published its Conceptual Framework for Public Accounts

The French Public Sector Accounting Standards Council (CNOCP) is in charge of setting the accounting standards of all French entities with a non-market activity and primarily funded by public funding, including contributions. The Central Government and the government- organisations, territorial authorities and local public agencies, social security organisations are all within the jurisdiction of the CNOCP. Extending the scope of the former Public Accounting Standards Committee which used to only regulate the French Central government accounting standards has empowered Public Finances with the ability to deal with a consistent accounting policy for the whole of French Public Administrations. The CNOCP has just published its Conceptual Framework for Public Accounts in English.

The Conceptual Framework for Public Accounts presents and clarifies the concepts underlying accounting standards. By defining the scope of accrual accounting and conversely by identifying the information excluded from it, the Conceptual Framework for Public Accounts clarifies the benefits and limitations of accounting information, thus making it easier to understand.

As a matter of principle, the accrual accounts of public entities are based on the accounting rules applicable to business entities except for features specific to public action. A precise definition of such features is necessary in order to provide a conceptual basis for their accounting treatment and may lead to the development of specific requirements. This Conceptual Framework for Public Accounts is designed precisely to establish the link between the concepts applicable to business entities and public entities and the concepts specific to the latter.

This Conceptual Framework therefore identifies a power, arising from sovereignty, that oversees public entities and which, by convention, it calls the sovereign power. It determines the content of public policies as well as the organisation responsible for their implementation.

Public entities are responsible for the implementation of public policies that translate the will of the sovereign power into acts. These entities are managers of the competence and resources attributed to them by the sovereign power and are as such accountable.

The sovereign power is embodied in different political processes, “commissions” different entities and does not act as an operating unit or meet the definition of a reporting entity. The sovereign power is not accountable and therefore has no accounts. The notion of accounts is not relevant for the sovereign power. The accounts do not deal with powers.

As other international conceptual frameworks, the Conceptual Framework for Public Accounts is not a standard and does not define accounting rules. It defines elements (asset, liability, equity, revenue, expense, surplus and deficit), recognition and measurement principles for public entities. Its purpose is notably to assist the Public Sector Standard–Setter (CNOCP).

The publication of the Conceptual Framework for Public Accounts brings the first phase of the project on the fundamental accounting concepts underlying public sector accounting standards to a close. Two main subjects have already been identified for examination in a second phase: the first relates to the possible combination of the accounts of “complementary” entities. The second subject relates to the presentation and the nature of information to be disclosed by public entities.

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Conceptual Framework for Public Accounts [PDF]

Le CNoCP publie son programme de travail pour les années 2016 et 2017

CNoCPLe CNoCP présente les travaux de normalisation comptable communs à toutes les entités publiques, les amendements à apporter aux recueils de normes comptables existant (État et établissements publics), les travaux sur le futur recueil de normes comptables pour les collectivités territoriales, les travaux concernant les organismes de sécurité sociale, et, enfin, ceux menés avec les instances internationales.

Deux sujets intéressent plus particulièrement notre organisation syndicale:

1. La poursuite des réflexions sur le cadre conceptuel des comptes publics

L’élaboration d’un cadre conceptuel des comptes publics a été engagée en 2013.  Une consultation publique nationale sur un document de principes concernant l’ensemble des administrations publiques pour lesquelles le CNOCP est competent a été organisée en 2015. Notre organisation syndicale y avait répondu. La consultation s’est close le 30 avril 2015. Le CNoCP procède désormais à la finalisation d’un document qui sera examiné avant l’été.

La deuxième phase des travaux se consacrera à la problématique des regroupements de comptes d’entités publiques en comptabilité générale (combinaison ou consolidation de comptes), leur objectif et leur utilité au regard des dispositifs existant de comptabilité nationale. Cette seconde phase des travaux pourra également s’intéresser au format et à la nature de l’information communiquée par les entités publiques. La question est de savoir si une information complémentaire à celle figurant dans les états financiers est nécessaire, si elle doit ou non faire partie du périmètre des états financiers, ou si elle relève de publications d’une autre nature.

2. Le recueil de normes comptables pour les collectivités territoriales

Le recueil définira les principes et normes comptables applicables aux collectivités territoriales, dans le contexte d’une future certification des comptes desdites collectivités.

Pour en savoir davantage:

Programme de travail du CNoCP