Research On The Reformation Of Government Accounting

With the construction of socialist market economy system and the conversion of government function, the reform of public finance in our country obtains a series of important breakthrough. Finance administration makes good progress gradually and Chinese government begins to take precautions against financial risk. On these conditions, the current government accounting can't satisfy the needs of economy and social development. It can't reflect the public accountability of government. The information about the performance of government activities can't be disclosed fully in government accounting reports. And accounting information can't meet the demand of information users fully. So reforming of the current government accounting is necessary.Based on many references, this paper studies the reform from the perspective of public finance. First the author defines the scope of government accounting be studied in this paper. Then the relationship between public finance and government accounting is described: Public accountability is a bridge between public finance and government accounting. Assuming public accountability is the function of public finance, and government accounting is the assertion, measurement and reporting of the process of the discharge of public accountability. Government accounting system also provides basic skills for public finance administration. The information from government accounting serves to the management of public finance risk. Secondly, by careful study of government accounting reforming courses and results of New Zealand, the United States and Frances, considering the process of other countries' government accounting reforming, the author finds out the experiences of the west countries' reformation that our country can draw lessons from. In practice the public finance reform and the government accounting reform is interactive. And the government accounting reform provides means for discharging public accountability and evaluating the government accomplishment. Next, the author analyses whether and how the current government accounting adapts to the system of public finance on the base of the former theory. Last, the author puts forwards a new basic scheme of reform and innovation in accounting. The advanced foreign experiences should be learned and specific circumstances of China must be considered as well. 1. The government accounting target should be made clear and government bodies should be distinguished properly. 2. To meet the demands of public finance, unified and standard government accounting principles should be established steadily. 3. It also should be done that enlarge the content of cost in government accounting and turn cash basis into accrual basis by stages according to the requirement of public management. 4. The systems of government financial reporting should he improved gradually so that the users of accounting information can learn government's financial situation and estimate government's efforts.