The Research On The Reformation Of Government Financial Report In China

More than a decade after the establishment of socialist market economic system in China, China's objective in finance reform is to restructure the public finance system. In order to reach this goal, we need to reform and innovate our finance budget system especially our government financial report which can only offer budget performance information now. There are several major problems in China's current government financial report: lag in theories and techniques, low systematization in the reform and innovation, insufficient disclosure of government's financial condition and fiscal transparency. These problems can be expressed as follows: lack of government financial report theories with Chinese feature, stagnant in government financial report techniques. All these will blind the reforming and innovation, enlarge the cost of the reforming and innovation, and slow down the reform. Thus it is urgent to set up our government financial report theory and to design the government financial report system on systemic level.Study on reform of China's government financial report, both theoretically and practically, is very urgent now. At present, the research on-theory and practice in this domain has appeared overseas, but in China, the systematic research is still deficient. So, the research on improvement of government financial report is not only a significant research problem in government accounting, but also a positive contribution to the fiscal administrative reform in China.This thesis contains the following chapters:Chapter 1 Origin of researchThis chapter is an introduction about the background and the value of the research. We could know the advantage in developing government financial report in China, exploring the origin of government accounting theory and government financial report theory both home and abroad. Meanwhile, the new theory and research direction in government accounting and government financial report is presented in this chapter .Finally, researching profile is showed clearly.Chapter 2 Theory basis and fundamental conceptionFirstly, it introduces two major theories: accountability and effective government theory. It also points out the relations between the two theories and government financial report. Secondly, definition of the two fundamental conceptions: government accounting and government financial report is presented in this chapter.Chapter 3 Analysis on current government financial reportThis chapter mainly discusses the problems in current government financial report. The problems are pointed out both from macro-level and micro-level. Firstly, it shows the limitation of current government financial report regulations and standards. Secondly, three major structure problems in government financial report are discussed. Finally, it points out four major problems in government financial report's content.Chapter 4 Basic concept on government financial report researchIt is a key chapter in this thesis. The first part analyses the users of government financial report. It shows that government financial report of foreign developed countries focus on outside users, but China's current government financial report only paid attention on inside users. It points out that we should widen the range of our government financial report users. The second part of this chapter discusses the objective of government financial report. After introducing foreign developed country's valuable practice, it analyses the current situation in China. Then it points out the general objective of government financial report should be accountability. The third part discusses how to decide the report entity in government financial report. It points out that we should consider our political administrative system and decides our government financial report entity appropriately. The last part discusses how to choose the accounting basis in government financial report. There are four types accounting basis: accrual basis, cash basis, modified accrual basis, modified cash basis. Each of them has advantages and disadvantages. Considering the relation between accounting basis and the objective of government financial report, we should transfer the current cash basis into modified accrual basis gradually and steadily.Chapter 5 Establishment and improvement of government financial reportThis chapter is a key chapter in the thesis. It is an expanding usage of government financial report theory in designing the structure and content in Chinese government financial report. In order to find a suitable structure, we absorb the major advantages in American government financial report: pyramid structure of government financial report; providing management analysis and discussion; providing auditing report. And What's more, we also learn from the structure of enterprise which is more familiar to the government financial report users. Then we design the structure of Chinese government financial report which contains five parts .Then we study the details of five government financial report elements: government assert, government liability, government net assert, government revenue, government expenditure. Finally, it provides a referenced government financial form.Above all, the thesis main characteristic is: firstly, the topic is both very hot in the field of theory and practice. At present, the research on-theory and practice in this domain has appeared overseas. In China, systematic research on government financial report is not sufficient .Thus this thesis is being concentrated on this field. Secondly, different from many research made on government financial report before which concentrated on theories, this thesis focus a lot on the practice of government financial report.The deficiency of the thesis is that the depth and width of study is not enough.