The Comparative Study On The Current And Previous Fiscal General Budget Accounting System

The fiscal general budget accounting is an accounting which specializes used by the government finance department to calculate,reflect,and supervise government budget funds and other fiscal fund activities.It is the main component of government accounting in China.In recent years,China's financial management system is in the process of continuous reform.In order to adapt to the reform of the financial system and the government's financial management requirements,the Ministry of Finance has repeatedly revised the budgetary accounting system,gradually formed an independent budgetary accounting system that is dominated by the fiscal general budget accounting and supplemented by other budget accounting.In order to regulate the general budget accounting of the financial departments at all levels of government,China's Ministry of Finance formulated and implemented the Fiscal General Budget Accounting System in 1997 and revised the system in 2015.The new system was implemented from January 1,2016.This article takes Fiscal General Budget Accounting System of 1997 and 2015 as the research objects,and takes the fiscal general budget accounting of Heshan District of Yiyang City as a case to compare and analyze the differences of the new and old systems.Firstly,the article briefly describes the research background,significance,content,methods and ideas of this paper;then summarizes the research status at home and abroad;then presents the relevant concepts and theoretical basis of this topic;then compares and analyzes the changes of old and new systems in accounting objectives,accounting methods,accounting subjects,accounting content and reporting systems;then takes the fiscal general budget accounting of Heshan District of Yiyang City as a case,analyzes the influence of institutional changes on the fiscal general budget accounting of Heshan District of Yiyang City;finally summarizes the existing problems of the new system and put forward corresponding countermeasures.This paper believes that the new system has problems with the use of the accrual accounting system and the problems with Government Accounting System-Administrative Institutions Accounting Subjects and Statements(hereinafter referred to as Government Accounting System),and the gap in international practice.It is necessary to speed up the reform of the government budget management system,improve the supporting system;improve the financial staffs business level,upgrade the hardware and software configuration,and clarify the specific business accounting regulations,etc.to solve the problems of the accrual accounting system in the fiscal general budget accounting.From the unified report format,summarize information disclosure;unified accounting software,accounting books,accounting systems;unified reform and implementation time,etc.to solve the convergence issues between new system and Government Accounting System.From reforming the budget management system to adapt to international practices and reforming the budgetary accounting system will begin to narrow the gap between the new system and international practice.In general,the government financial department should further improve the Fiscal General Budget Accounting System to serve the government budget accounting work better.