Research On The Expansion Of Governmental Financial Reporting Under The Public Performance Management Framework

Research on the expansion of governmental financial reporting under the public performance management framework has not only conform to the international development trend in public performance management, but also reflects the realistic choice of governmental financial reporting in our country, it has important theoretical significance and practical value in enriching the theory of governmental financial reporting system, promoting the formation and development of our country’s public performance management framework, enhancing the performance level of our government management.Around the theme, the research discusses the theoretical basis and practical basis of the expansion of governmental financial reporting. Then from the perspective of public performance management framework, in connection with the problems of our governmental financial reporting, the research has a in-depth study on how to expand governmental financial reporting from the four aspects of the objective, entity, the statement elements and its basis of accounting recognition, reporting system.It has eight chapters. Chapter1is introduction. after a description of background, meanings of the topic, and a review of research already on topic, this chapter demonstrates the research framework and main innovation. Chapter2demonstrates that gradual expanding of governmental financial reporting is a realistic choice to deal with these challenges under the public performance management framework. after have a in-depth analysis on the position and function of government financial reporting, and these challenges which government financial reporting should be faced under the public performance management framework, this chapter demonstrates that gradual expanding of governmental financial reporting is a realistic choice to deal with these challenges. Chapter3is the theoretical basis of the expansion of governmental financial reporting. after packs up the venation of financial reporting theory, public accountability theory, the new public management theory and system theory, this chapter provides a theoretical bases of the expansion of governmental financial reporting. Chapter4is the the basic idea of the expansion of our governmental financial reporting. after analyzes these problemes existing in the the objective,entity, statement elementsand its basis of accounting recognition, reporting system of our governmental financial reporting, this chapter proposes the basic ideas of the expansion of our governmental financial reporting. Chapter5is the expansion of objective. after discusses the governmental financial reporting objective based on the public accountability view and its expansion, this chapter deduces the expansion way of the governmental financial reporting objective, proposes the suggestions of the objective of our governmental financial reporting. Chapter6is the expansion of entity. Firstly, this chapter describes the theory of governmental financial reporting entity; Then discusses the expansion way of the governmental financial reporting entity; Finally, by drawing lessons from the the expansion of governmental financial reporting entity in the western developed countries, this chapter puts forward specific policy recommendations for the main expansion of our governmental financial reporting entity. Chapter7is the expansion of the statement elements and its basis of accounting recognition. Firstly, this chapter discusses the characteristics of these different statement elements and its basis of accounting recognition; Then discusses the expansion way of the statement elements and its basis of accounting recognition:from a single base model to the double basis model; Finally, by drawing lessons from the the expansion of the statement elements and its basis of accounting recognition in the western developed countries, this chapter puts forward specific policy recommendations for the expansion of the statement elements and its basis of accounting recognition in our country. Chapter8is the expansion of reporting system. Firstly, this chapter analyzes the composition of the governmental financial reporting system; Then discusses the expansion way of the governmental financial reporting system: the introduction of a special governmental performance reporting; Finally, by drawing lessons from the the expansion of governmental financial reporting system in the western developed countries, the chapter puts forward specific policy recommendations for the main expansion of our governmental financial reporting system.Analyze from the overall, the main innovation of this thesis is that it presents and discusses the expansion of governmental financial reporting under the public performance management framework for the first time. Different from these existing studies on the governmental financial reporting which little concerned about the expansion of governmental financial reporting, and focused on improving suugestion to improve the shortcomings of governmental financial reporting, this thesis think that the expansion of governmental financial reporting is the realistic choice for governmental financial reporting to deal with these challenges under the public performance management framework. Then basised on financial reporting theory, public accountability theory, the new public management theory and system theory, the thesis discusses the expansion of governmental financial reporting from the four aspects of the objective, entity, the statement elements and its basis of accounting recognition, reporting system. Specifically, this thesis seeks to be innovative in the following areas:Firstly, the thesis has a in-depth study on these challenges which governmental financial reporting should be faced with and the realistic choice for the governmental financial reporting to deal with these challenges from the perspective of public performance management framework. Different from those studies which focused on public performance management and governmental financial reporting separately, the thesis has a in-depth study on these challenges which governmental financial reporting should be faced with, and demonstrats that expansion is the realistic choice for governmental financial reporting to deal with these challenges from necessity and scalability, whis is an innovation of the research perspective in this thesis.Secondly, the thesis uses questionnaire survey to study the problems existing in our governmental financial reporting. Those previous researches on government financial reporting were mostly conducted by means of qualitative researches which were descriptive or analytical, and little were quantitative research such as questionnaire. But the thesis uses questionnaire survey to study the problems existing in our governmental financial reporting, whis is an innovation of the research methods in this thesis.Thirdly, the thesis presents the way of the expansion of governmental financial reporting from the theoretical level. this thesis think that the expansion of governmental financial reporting is the realistic choice for governmental financial reporting to deal with these challenges under the public performance management framework, Then presents the way of the expansion of governmental financial reporting from the four aspects of the objective, entity, statement elements and its basis of accounting recognition, reporting system. Thinks that the objective should be expand from compliance-oriented to performance-oriented, the entity should be expand from an original single-level to a multi-level structure, the statement elements and its basis of accounting recognition should be expand from a single base model to a double basis model, the reporting system should be expand frome the current budget accounting system to governmental financial reporting system which including special performance reporting.Finally, the thesis presents the proposals of expansion of our governmental financial reporting. It has a comprehensive and systematica discussion on the expansion of our governmental financial reporting from the four aspects of the objective, entity, the statement elements and its basis of accounting recognition, reporting system.(1) on the expansion of the objective, the thesis thinks that these users of the governmental financial reporting should be gradually diversified, their requirements for governmental finance information should be expanded from single budget information to comprehensive financial information, governmental financial reporting should provide integrated financial information including the obtaination and use of budget resources, the contrast between the budget and the actual, government cash flow situation, the governmental assets and debts situation, the service effort and cost and achievement,the risks and uncertainties of governmental (department) operation;(2) on the expansion of the entity, the thesis thinks that we should establish a multi-layered structure consisting of governments, governmental departments and units related to governmental;(3) on the expansion of the statement elements and its basis of accounting recognition, the thesis thinks that we should retain and optimize the current cash basic, gradually introduc accrual basic, and expand our statement elements model from single basic to two basic including the budget execution statement elements which based on cash basic and the financial statements elements which based on accrual basic;(4) on the expansion of the reporting system. the thesis thinks that we should gradually establish a " cash basis+accrual basis " double basic reporting system including major statements such as: budget executive statement, the balance sheet, the statement of operation, cash flow statement, financial performance statement, output and performance analysis statement, and notes to the financial statements, description, which including special performance reporting.