Exploring the measurement dilemma in public sector financial reporting

This introductory chapter elaborates on the tricky issue of measurement in public sector financial reporting, which arises due to the particular fea- tures of the public sector when compared to the private sector. It provides a summary of the book chapters, highlighting the theoretical/practical frameworks used, methodologies and conclusions. Three themes are iden- tified in the book, namely, (a) frameworks and methodologies; (b) measur- ing and reporting the elements in financial statements; and (c) heritage. This chapter identifies important avenues for further research.