Research On The Accrual Of The Government Accounting Reform Based On Public Accountability

For a long time, although accrual accounting dominated in the business, but it has not been widely used in the field of government accounting, cash basis of accounting has been recognized basis of the major governments around the world. Since the twentieth century 80 years, Western developed countries set off a wave of public management reform called the "New Public Management "reform movement, its core is introducing the concept of enterprise management of business areas in the public sector of the government, emphasizing the performance and accountability of government public sector, requiring the government budget more transparent, and accounting information more complete. Thus, New Zealand, Australia and other developed countries began trying to introduce accrual accounting in the accounting recognition basis for the government, and achieved great success. The successful effects of these countries quickly spread to other countries in the world. Many developing countries began to introduce accrual accounting to the system of government accounting in vary degrees.In our country, after thirty years of reform and opening up and socialist market economy, market economy has undergone tremendous changes, government functions, public finance reform, government performance evaluation system, social supervision, and strengthening the implementation of the Government Classification of subjects which has begun, required the government budget more openness and transparency, accounting information disclosure more comprehensive and completely. Traditional cash basis accounting system can not meet our information needs of government in the context of new public management. Therefore, China must reform the existing government accounting system; gradually introduce accrual accounting as production base of government accounting.Under the premise of public accountability, combined with the theory, this paper discussed the introduction of accrual accounting to the accounting reform of our government; analyzed the significant accounting deficiencies of the confirmed basis of our current government accounting deeply, then explained our government need to introduce accrual accounting; and learning from international experience, especially the reform experience of OECD member countries, give the government of China some guidance to the accounting reform process; and described the basic ideas of reform of government accounting of the author. The article consists of six parts. The first part is introduction, it shows the background and significance, the relevant domestic and international literature review and research ideas to be taken in this article and research methods and the lack of innovation. The second part is some of the theoretical basis of the article. it firstly defined public accountability and basic Government accounting concepts, and on this basis studied that public accountability in close contact with the government accounting, limited the scope of this article; evaluated the cash basis and accrual basis of accounting recognized basis. The third part is a comprehensive analysis of the status of the Government Accounting system at this stage, pointing out the existence of serious deficiencies and defects of our country. Part IV discussed that our government need to introduce accrual accounting. Part V provide guidance to accounting recognition basis for the reform of our government, draw on the successful reform experiences of Western developed countries. Part VI is a design for government accounting reform path and the steps, hopes it can make some contribution in the reform of Accrual Basis governmental accounting. The last part is conclusion of the article.