Although public sector accounting standards were standardized in 2016 and almost all local governments in Japan prepare financial statements based on double-entry bookkeeping and accrual accounting, some argue that public sector accounting information remains unused. However, no organization can be properly managed without accounting information and the fact that public sector accounting information is not being put to use suggests that public sector decision-making methods may be ineffective. This raises the following question: How to maintain and renew public facilities against a backdrop of severe financial constraints and declining population? It is necessary to prioritize the management of public facilities by considering social and economic values, such as service unit costs and life cycle costs. This study examines a multilateral evaluation framework for public facilities using public sector accounting information.
Baba et al. (Sat,) studied this question.