Deepening The Reform Of Government Comprehensive Financial Reporting System From The Perspective Of Government Resource Pooling

The final accounts report system based on the cash basis is the main reporting system of our country’s government for a long time,its purpose is to reflect the government and internal units at all levels in the capital income and expenditure and budget implementation.However,with the change in the global economic environment and the transformation of government functions,only relying on the final accounts reporting system can not meet the needs of strengthening government asset management,improving government operation efficiency,and preventing fiscal risks.Therefore,the establishment of the government’s comprehensive financial reporting system based on an accrual basis is the focus of the current fiscal work in China.At present,China has launched the reform of accrual-based government comprehensive financial reporting,which provides an important foundation for promoting the modernization of fiscal governance capacity.But,at the present stage,our country’s government accounting standards on the basis of a comprehensive financial report compiled by the government still has many problems,including cannot meet the demand for medium and long-term financial planning,money not clear,lack of resources integration and application of fair value measurement,such as how to through the government integrated finance report fully reflect the government’s financial information need to be addressed.In this paper,considering the demand for reform of the government financial report in China,learn from international experience,the preparation of financial reports from GFS beneficial elements in the government financial report,for the construction of a government financial reporting system with Chinese characteristics for targeted research,aimed at deepening the reform of government financial reporting system,increase government financial efficiency.This paper takes the budget management of land reserve transfer in the Shaoyang City of Hunan Province as the case object,uses the method of combining theoretical analysis and case analysis,and analyzes how to carry out the localization practice from the perspective of government resources coordination under the reference of GFS government financial reporting system.Shaoyang city people’s government in the budget management of land resources as the breakthrough point,from the establishment of land reserve project libraries to purchase land resources value evaluation,and then to apply for the issuance of land resources evaluation to evaluate periodically with calculation value of land resources,the formation of land reserve in the whole life cycle of project evaluation,and on the basis of the formation of land reserve project special bond management.As a reference for the GFS government financial reporting system is an important independent innovation of local government,localization innovation to advance comprehensive government financial report provides a feasible reform train of thought and direction,the government resources can be dynamic "base" plan as a whole in order to investigate the government resources,realize the dynamic management in the whole life cycle of resources by the government,build a medium-term performance budgeting framework system effectively,At the same time,the whole process framework of performance budget management of special bonds will be established to improve the management of local government special bonds.This paper discusses the practice and thinking of deepening the reform of the government financial reporting system from the perspective of resource pooling and discusses the value orientation of constructing a government financial reporting system under the requirement of modernization of fiscal governance ability and the practice innovation of local governments in China.It is expected that this paper will break the dilemma that the current government financial report based on the single government accounting standards cannot meet the needs of medium-term financial planning,the family background is not clear,the integration of resources is insufficient,and the application of fair value measurement lags behind,so as to improve the efficiency of financial resource allocation and use as well as the efficiency of medium-term financial decision-making.This paper broadens the research perspective of the government’s comprehensive financial reporting system reform and provides a beneficial reference for the innovation of China’s government financial reporting system.