지방자치단체에서 총자산 규모에 따른 복식부기회계 재무분석지표의 차이분석

The central and local government have taken important steps in the last several years to introduce an accrual-based double-entry accounting in their government finance systems. After evaluating the results of the test-operation, the local governments have been enforcing a double-entry bookkeeping system since 2007. This study ascertains whether there are any significant differences in the level of financial indicator ratios of local governments that are categorized according to the asset sizes. Financial indicators are classified into three categories; financial position ratios, financial operation ratios, and financial accountability ratios. This study analyzed the financial indicator ratios of 246 local governments with a closing accounting data of 2007 fiscal year. This study shows significant differences of financial indicator ratios in the local governments, which are classified into four asset-size groups. According to the results, this study supports the argument that getting bigger is not always a good financial decision. The difficulties of running a larger organization often lead to the diseconomics of managerial complexity that can actually outweigh the cost advantages possible through greater experience and greater volume. Therefore, it would often be more efficient and less costly to operate a small organization than it is to operate a large organization in local governments.