The Impact of Transparency and Auditing in Public Accounting on Economic Development

Yıl 2025, Cilt: 6 Sayı: 2, 169 - 185, 25.12.2025

Salih Tutar , Muhammed Kalaycı

https://doi.org/10.58767/joinbat.1820342

Öz

This study evaluates the impact of public accounting reforms on budget discipline by examining the relationship between International Budget Partnership (IBP) scores and the GDP (Gross Domestic Product) growth rate. Reforms implemented in public financial management systems are predicted to influence budget discipline in line with the principles of transparency, accountability, and efficiency. Empirical findings based on panel data analysis indicate that countries with improved quality of public finance practices experience more stable economic growth. Financial reporting quality, the effectiveness of internal and external audit mechanisms, and budget practices that incorporate citizen participation, assessed within the scope of IBP indicators, improve resource allocation and support macroeconomic stability. Furthermore, these reforms increase the efficiency of public spending, reduce fiscal risks, and strengthen the investment environment. The study demonstrates that accounting systems are not merely a technical regulatory area but can also have direct and indirect impacts on economic growth.

Anahtar Kelimeler

Financial transparency , Transparency , Public Audit , Government accounting , Economic development

Etik Beyan

Since this study has a compilation design, ethics committee approval is not required.

Destekleyen Kurum

No financial support was received for this research.

Devlet Muhasebesinde Şeffaflığın ve Denetimin Ekonomik Kalkınma Üzerindeki Etkisi

Öz

Bu çalışma, devlet muhasebesi reformlarının bütçe disiplini üzerindeki etkisini, International Budget Partnership (IBP) skorları ile GSYH (Gayrisafi Yurtiçi Hasıla-%) büyüme oranı arasındaki ilişkiyi inceleyerek değerlendirmektedir. Kamu mali yönetimi sistemlerinde yapılan reformların; şeffaflık, hesap verebilirlik ve etkinlik ilkeleri doğrultusunda bütçe disiplini üzerinde belirleyici olduğu öngörülmektedir. Panel veri analizine dayalı ampirik bulgular, kamu maliyesi uygulamalarının kalitesinin arttığı ülkelerde ekonomik büyümenin daha istikrarlı bir seyir izlediğini göstermektedir. IBP göstergeleri kapsamında değerlendirilen mali raporlama kalitesi, iç ve dış denetim mekanizmalarının etkinliği ile vatandaş katılımını içeren bütçe uygulamaları, kaynak tahsisini iyileştirmekte ve makroekonomik istikrarı desteklemektedir. Ayrıca, bu reformlar kamu harcamalarının etkinliğini artırmakta, mali riskleri azaltmakta ve yatırım ortamını güçlendirmektedir. Çalışma, muhasebe sistemlerinin yalnızca teknik bir düzenleme alanı olmadığını, aynı zamanda ekonomik büyüme üzerinde doğrudan ve dolaylı etkiler yaratabildiğini ortaya koymaktadır.

Anahtar Kelimeler

Mali saydamlık , Şeffaflık , Kamu Denetimi , Devlet muhasebesi , Ekonomik kalkınma

Etik Beyan

Bu çalışma derleme tasarımına sahip olduğu için, etik kurul onayına gerek yoktur.

Destekleyen Kurum

Bu araştırma için herhangi bir finansal destek alınmamıştır.

Kaynakça

• Abdullahi, A., Kurtulmuş, M., & Akça, H. (2023). Türkiye'de Sayıştay denetiminin kamu yönetiminde şeffaflığa etkisi. Ekonomi İşletme ve Yönetim Dergisi, 8(1), 44–62. https://doi.org/10.58251/ekonomi.1514374
• Alt, J. E., & Lassen, D. D. (2006). Fiscal transparency, political parties, and debt in OECD countries. European Economic Review, 50(6), 1403–1439.
• Amiri, H., Karim, M. H., Toussi, A., & Javanmard, R. (2017). Impact of economic transparency on economic growth in the Middle East countries. International Journal of Business and Development Studies, 9(2), 115–138.
• Aydın, O., & Akdoğan, N. (2019). Kamu reformu ile gelişen devlet muhasebe standartları ve finansal raporlama: UNESCO örneği. Muhasebe ve Denetime Bakış, 19(58), 1–24.
• Bassoli, M. (2012). Participatory budgeting in Italy: An analysis of (almost democratic) participatory governance arrangements. International Journal of Urban and Regional Research, 36(6), 1183–1203.
• Benito, B., & Bastida, F. (2009). Budget transparency, fiscal performance, and political turnout: An international approach. Public Administration Review, 69(3), 403–417.
• Blume, L., & Voigt, S. (2011). Does organizational design of supreme audit institutions matter? A cross-country assessment. European Journal of Political Economy, 27(2), 215–229.
• Conceição, P., Kovacevic, M., & Mukhopadhyay, T. (2021). Human development: A perspective on metrics. In Measuring human capital (pp. 83–115). Academic Press.
• Craig, M. J., & Kopits, M. G. (1998). Transparency in government operations. International Monetary Fund.
• Cuadrado-Ballesteros, B., & Bisogno, M. (2020). Public sector accounting reforms and the quality of governance. Public Money & Management, 41(2), 107–117. https://doi.org/10.1080/09540962.2020.1724665
• Dialogue, C. R. (2019). Understanding the value of transparency and accountability. International Integrated Reporting Council.
• ElBerry, N. A., & Goeminne, S. (2021). Fiscal transparency, fiscal forecasting and budget credibility in developing countries. Journal of Forecasting, 40(1), 144–161. https://doi.org/10.1002/for.2695
• Elharon, E. O., & Hassan, N. A. (2025). The role of accounting in enhancing transparency and accountability in the public sector. International Journal of Accounting and Management Sciences, 4(1), Article IJAMS07202505. https://doi.org/10.56830/IJAMS07202505
• Fenuku, Q. (2024). An examination of budget transparency, accountability and governance: A study of five (5) Sub-Saharan African countries. European Modern Studies Journal, 8(3), 715–729. https://doi.org/10.59573/emsj.8(3).2024.44
• Forssbaeck, J., & Oxelheim, L. (2014). The multi-faceted concept of transparency (IFN Working Paper No. 1013). Research Institute of Industrial Economics. https://doi.org/10.2139/ssrn.2405951
• Greene, W. H. (2018). Econometric analysis (8th ed.). Pearson
• Godwin, M. L. (2018). Studying participatory budgeting: Democratic innovation or budgeting tool? State and Local Government Review, 50(2), 132–144.
• Hameed, F. (2005). Fiscal transparency and economic outcomes. International Monetary Fund.
• Haukur, V., & Tryggvi, T. H. (2008). Transparency, complexity and regulation: An essay on institutional design. Theoretical and Empirical Researches in Urban Management, 6(2), 85–96.
• International Budget Partnership. (2023). Open Budget Survey. https://internationalbudget.org/open-budget-survey/
• International Monetary Fund. (2001). Manual on fiscal transparency. International Monetary Fund.
• International Monetary Fund. (2023). How does the IMF encourage greater fiscal transparency? https://www.imf.org/en/About/Factsheets/Sheets/2023/how-does-the-imf-encourage-greater-fiscal-transparency
• International Monetary Fund. (2024). World Economic Outlook database: April 2024 [Data set]. https://www.imf.org/en/Publications/WEO/weo-database/2024/April
• Jeníček, V. (2016). Economic growth in the development economy. Agricultural Economics, 62(2), 93–98. https://doi.org/10.17221/234/2014-AGRICECON
• Karaarslan, E. (2002). Kamu mali yönetimi ve tahakkuk esaslı devlet muhasebesi. Maliye Dergisi, 140, 58–75.
• Kaufmann, D., & Bellver, A. (2005). Transparenting transparency: Initial empirics and policy applications.
• Khagram, S., De Renzio, P., & Fung, A. (2013). Overview and synthesis: The political economy of fiscal transparency, participation, and accountability around the world. In Open budgets (pp. 1–50). Brookings Institution Press.
• Kuznets, S. (1973). Modern economic growth: Findings and reflections. The American Economic Review, 63(3), 247–258.
• Labeaga, J. M., & Ramiro, A. (2013). Rendición de cuentas con transparencia en el sector público: ¿Otra vez lo que el viento se llevó?. Revista de Evaluación de Programas y Políticas Públicas, 1, 133–168. https://doi.org/10.5944/reppp.1.2013.10782
• Law, S. H., Damayanti, S. M., Kutan, A. M., & Trinugroho, I. (2022). Non-linearity and the threshold effect of transparency on economic growth: Evidence from developing countries. Journal of Economic Policy Reform, 25(4), 388–414. https://doi.org/10.1080/17487870.2022.2136175
• Levine, R. (1999). Financial development and economic growth: Views and agenda. Journal of Economic Literature, 35(2), 688–726.
• Lindberg, S. I. (2013). Mapping accountability: Core concept and subtypes. International Review of Administrative Sciences, 79(2), 202–226.
• Meyer, D. F., Masehla, T. M., & Kot, S. (2017). The relationship between economic growth and economic development: A regional assessment in South Africa. Journal of Advanced Research in Law and Economics, 8, 1377.
• Mueller, D. C., & Stratmann, T. (2003). The economic effects of democratic participation. Journal of Public Economics, 87(9–10), 2129–2155.
• North, D. C. (1990). Institutions, institutional change and economic performance. Cambridge University Press.
• Önder, M., & Meydanlı, M. A. (2019). TBMM'nin denetim aracı olarak Sayıştay'ın rolü: 6085 sayılı Sayıştay Kanunu sonrası değişiklikler ve etkisi. Amme İdaresi Dergisi, 52(3).
• Rahman, A. A. (2024). Impact of account, transparency, and accountability indicators on economic growth: Evidence from South Asian countries. Journal of Ekonomi, 6(2), 96–105.
• Ríos, A. M., Bastida, F., & Benito, B. (2016). Budget transparency and legislative budgetary oversight: An international approach. The American Review of Public Administration, 46(5), 546–568.
• Romero, R. C. (2023). Defining transparency: A functional approach. JeDEM - eJournal of eDemocracy and Open Government, 15(1), Article 714. https://doi.org/10.29379/jedem.v15i1.714
• Sen, A. (1999). Development as freedom. Oxford University Press.
• Setyawan, W. (2025). Bridging between financial performance and government performance: The role of public sector accounting in realizing good governance. Oikonomia: Journal of Management Economics and Accounting, 2(2), 1–15. https://doi.org/10.61942/oikonomia.v2i2.291
• Shaw, T. M., & Heard. The politics of Africa: Dependence and development.
• Spicker, P. (2020). Economic development. In The poverty of nations: A relational perspective (Chap. 4). Policy Press. https://doi.org/10.1332/policypress/9781447343325.003.0004
• Şaşmaz, M. Ü., & Yayla, Y. E. (2018). Ekonomik kalkınmanın belirleyicilerinin değerlendirilmesi: Ekonomik faktörler. International Journal of Public Finance, 3(2), 249–268. https://doi.org/10.30927/ijpf.463825
• Tavares, J. F. (2024). Transparency and accountability in public management. Accounting and Management Review | Revista de Contabilidade e Gestão, 28(1). https://doi.org/10.55486/amrrcg.v28i1.6
• Wooldridge, J. M. (2002). Econometric analysis of cross section and panel data. MIT Press.
• Yerdelen Tatoğlu, F. (2021). Panel veri ekonometrisi: Stata uygulamalı (6. baskı). Beta Yayınları.