The advent of New Public Management has brought significant changes in accountability mechanisms. In recent years, the information needs of citizens interested in financial issues and the nonfinancial aspects of public management have increased. Regulators' commitment to transparency has led US municipalities since the 1990s to adopt Popular Annual Financial Reporting (PAFR). This reporting tool, capable of transmitting information to citizens clearly and simply, has also attracted the attention of academics. Despite the presence of several studies on the subject, the quality of the information contained within the popular annual financial reports remains an unexplored topic. This study aims to fill this gap by examining a sample of 100 rewarded US municipalities. The results show a low quality of the popular annual financial reports and demonstrate a positive effect of the population size and a negative impact of the population average age on the quality of these documents.

中文翻译：

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衡量流行的年度财务报告的质量：奖励美国报告城市的特点

新公共管理的出现给问责机制带来了重大变化。近年来，对金融问题和公共管理的非金融方面感兴趣的公民的信息需求有所增加。监管机构对透明度的承诺促使美国市政当局自 1990 年代以来采用大众年度财务报告 (PAFR)。这种能够清晰、简单地向公民传递信息的报告工具也引起了学术界的关注。尽管有多项关于该主题的研究，但流行的年度财务报告中包含的信息质量仍然是一个未被探索的话题。本研究旨在通过检查 100 个美国奖励城市的样本来填补这一空白。