On Disclosure Of Fiscal Transparency With Government Accounting

? With the development of economic globalization, the transformation of government functions and the reform of financial management, the boundaries of government accounting information is expanded to some extent; therefore more requirements are needed of information with a higher quality. The government cannot meet the needs for accounting information; it is needed to be changed.This paper is going to be researching on the fiscal transparency with government accounting, according to the "financial transparency" on the IMF and the disclosure experiences of government accounting information in Western developed countries in terms of government goals, information quality characteristics, financial statements and notes to statements, this paper concludes that our information disclosure with government accounting should be made perfect ,so as to help the government with a mechanism that will be effectively applied to financial budgeting and its management and in agreement with international practice. By doing so, the transparency of government financial accounting disclosure will be improved so to meet needs of information readers.This paper applies Normative, primarily using of comparative analysis, deduction, induction, logical reasoning and case analysis. By means of comparative method, the paper analyses successful experiences of accounting information disclosure in western government; with the induction method the paper sums up current issues in our governmental accounting information; with logical reasoning and deductive methods the paper analyses the existing problems; the paper uses case analysis method to verify our disclosure issues with government accounting informationThe main innovation of this article:(1) As for the financial transparency and requirements, the disclosure of government accounting is verified so to regulate disclosure of account- ting information.(2) The transparency to be defined. Financial transparency is defined as economic transparency (the transparency of information truly reflects the evaluation of government functions , resources are needed for the implementation of government functions, the government is obligated to reflect the economic accountability), furthermore this limits the disclosing accounting information and fiduciary responsibility of the government.(3) Notion on the qualitative characteristics of accounting information is suggested to increase the understandability of information, and high quality standards need to be developed to ensure the government accounting information disclosure for the reality and understandability.