Research On The Harmonization Of Government Accounting And Public Finance

Based on many references, this paper describes the relationship between public finance and government accounting by using the related theories of public finance. And it also analyses whether and how budget accounting adapts to the system of public finance on the base of the former theory. The paper puts forwards a new basic scheme of reform and innovation in budget accounting .The advanced foreign experiences should be learned and specific circumstances of China must be considered as well. 1. The government bodies should be distinguished properly and the frame of government accounting should be constructed in order to meet the demands of the transition of government's functions and the systems of finance.2. It ought to meet the demands of public finance that establishing the systems of government accounting steadily based upon the reforming of budget accounting 3. It also should be done that enlarge the content of budget accounting and turn cash basis into accrual basis by stages according to the requirement of public management. 4. It is suggested that learn foreign experiences to construct fund accounting which adjusts to Chinese circumstance. 5. The systems of government fiscal report should be established gradually so that the users of accounting information can learn government's financial situation and estimate government's efforts.