Accrual Government Comprehensive Financial Report Research

The reform of government accounting is the inevitable requirement of the current political and economic situation.It is a historic step for China to start the trial work of the accrual basis of the government's consolidated financial statements.After reading the related literature,based on the domestic and foreign government accounting objective as well as the reform process and research trend of domestic and foreign government accounting report,I further give a comparison between cash basis and accrual basis impacting on government accounting and express the necessity of accrual government consolidated the reform in financial report.This paper expounds the existing problems in trial compiling process of comprehensive financial report of the government for the accrual basis of the J district,analyzes the main causes of the problems,and puts forward some suggestions for improvement at the policy level and operational level.In the process of compiling the government financial report of accrual basis,there are the following typical problems:first,in the merger report,there exists a narrow range of merger units and the problem of different accounting methods between the merging units;second,it is difficult to measure and unify the value of public welfare assets;third,the disclosure of the government's implicit debt is incomplete;fourth,the repeated merger offsets exists internally;Fifth,the problem on how to reflect the operational state-owned assets in the report;sixth,the moral hazard of principal-agent in the government comprehensive financial reporting.In view of the above problems,basing on analyzing the reasons for the cause of the problem,the following four aspects can be summarized:the first is the lack of government accounting system;the second is the government financial report is not perfect;the third is the lack of information disclosure system of audit and the government effective;the fourth is the lack of appropriate accounting information system.On the basis of problems and causes,the author summed up the following four aspects according to her own working experience and related research materials.The first aspect is the introduction of relevant standards to promote the pace of government accounting reform.The establishment and improvement of the government accounting system,the establishment of uniform accounting standards,and the improvement of related supporting policies can strengthen the guidance and supervision of laws and regulations and standardize the process of government accounting reform.Second aspect is to improve the government's comprehensive financial reporting content.Improving the content of the current financial reporting system from the two aspects of the report itself and notes to raise the comprehensive understanding of the government financial report for users of such information.Third aspect is the establishment of related information reporting support system.It can save labor cost and reduce artificial error by means of information,at the same time it promotes data efficiency of summary report.Fourth aspect is the implementation of the government's comprehensive financial reporting system.It is suggested that we should standardize the current evaluation system,evaluate the effect of government work with the comprehensive financial reporting data of the government,improve the audit and public system,and promote the realization of the government's accounting objectives.