Ecuadorian government accounting: Bibliographic review on theory, regulations and applied practice

Abstract

Ecuadorian governmental accounting has undergone significant evolution, from its pre-Columbian roots to its modernization with the implementation of International Public Sector Accounting Standards (IPSAS). This bibliographic review study analyzes the historical foundations, accounting principles, national regulations, institutional structure, budgetary processes, control and auditing systems, as well as the contemporary challenges of the state accounting system. It identifies advances in accounting standardization, fiscal transparency, and record automation, highlighting the role of the National System of Public Finance (SINFIP), e-SIGEF, and the Office of the Comptroller General. The review suggests that the correct application of principles and regulations strengthens accountability, administrative efficiency, and fiscal sustainability. This research is based on academic and official sources, aiming to contribute to the strengthening of the public accounting system and to informed decision-making in the governmental sphere.