On the management and financial reporting for state assets—a comparative analysis between Croatia and New Zealand

Abstract

This paper analyses management and financial reporting for state assets in two countries: Croatia and New Zealand (NZ). Therefore, it compares a ‘novice’ country in terms of public sector assets treatment with a ‘mature’ one. The authors use a qualitative research method, reviewing relevant institutional and non-institutional documents in the field of management and accounting for assets in public sector. They conclude that the possibility of applying developed countries’ experiences and wider international trends for state assets management in ‘transition’ countries depends greatly on a variety of factors that have influenced the development of those countries and factors that encompass both specific national and international forces. The paper contributes to the existing literature on management, accounting and reporting for state assets in different jurisdictions.