Research On Establishment Of The Government Accounting Standards

With the new public management movement intensified, the gradual deepening of China's financial reform, improving the socialist market economic system and increasing gradually to accelerate the process of economic globalization, government accounting information users will require higher and higher quality for our governmental accounting information. At the same time, the changed situation also has prompted the Chinese government to emerge. Therefore, establishing the Chinese government accounting standards becomes an inevitable trend.Government Accounting Standards will be a accounting regulatory documents for government business, playing a basic standard accounting practice and guidance. The establishing of Government Accounting Standards has an important effect:on the one hand, it contributes to achievement of the objectives of government accounting, in particular, the goals of public accountability; On the other hand, it strengthens the recognition and measurement of government accounting. Enhancing the disclosure of government financial reporting helps enhance the transparency of government accounting information, strengthen the social public to the government public investment and resource allocation for supervision, so as to achieve the optimal allocation of resources. From an international perspective, establishing a government accounting standards will help to enhance the international comparability of government accounting information. At the same time, the government accounting standards will help to enhance China's overseas financing ability. Therefore, establishing the Chinese government accounting standards is of great theoretical significance.In recent years, along with China's socialist market economy of establishment and improvement, China's financial system has undergone great changes, for example the department budget, treasury centralized payment, government procurement, performance evaluation system, a series of government revenue and expenditure categories change. These reforms contribute to not only China's fiscal revenue and expenditure structure, but also functions of government have undergone corresponding changes. These changes make the existing budget accounting system with a lag in some areas or can not meet the changes of government public finance system, and it also puts forward higher requirements for government accounting information. System of Government accounting standards will not only help the government to provide true and complete financial accounting information, but also share resources to provide the Government's use and management, financial management obligations and other aspects of performance information to improve government accounting information transparency, and thus help the Government to improve the efficient use of public resources. Meanwhile, the establishing of Government Accounting Standards, prompts our stakeholders of the government financial information to better understand our government accounting and government financial reporting, to help them make the right economic decision, and help government to better fulfill its public accountability. Finally, to establish the government accounting standards provides information support for the construction and effectively playing roles of government performance evaluation system, and meet the service-oriented government targets.This paper by discussing our government accounting standards research background, the role and impact of current development theory, elaborates the necessity of establishing a government accounting standards. The paper focuses on analyzing the characteristics of foreign government accounting standards, from which we can draw some tips for the establishing of our government accounting standards. In today's political and economic environment to build the Chinese government makes a number of accounting personal views and reference value.This thesis can be divided into five parts:The first part is "the Introduction". This part makes a detailed analysis for the significance of topics and the background before establishing Chinese government accounting standards, and then describes the research status of international government accounting standards and this paper's research method.The second part is "the necessity of establishing China's Government Accounting ". This part discuss the necessity of establishing China's Government Accounting in three aspects including the functions of the government, the environment and the defect our budget accounting.The third part is "the characteristics of foreign government accounting and the enlightenment for our country". This part intensively analysis the characteristics of the international public sector and the U.S. government's accounting standards, then the two government accounting standards compares to the France Government accounting standards and the Australian Government accounting standards, at last we can draw arrive the advanced experience from these government accounting standards.The forth part is "the basic ideas of establishing our government accounting standards". After the analysis of the characteristics of foreign governments, the part puts forward some ideas and opinions for making mechanism, application scope, composition and other aspects in establishing our government accounting standards.The fifth part is "conclusions, recommendations and prospects". This part of summarizes the overall structure of the article, and pointes out the contributions and weaknesses of this paper. Then the paper puts forward some suggestions for our government accounting standards on the protection of the smooth implementation. At last the paper prospects the positive influence after the coming of our government accounting standards.This paper uses standard research method to describe every part of the paper. This paper actively researches the characteristics the International Public Sector Accounting Standards, the U.S. Government Accounting Standards, the British government accounting standards and the Australian Government accounting standards, so as to give a lot of inspiration for establishing our government accounting standards.