Our Government Budget Accounting System Reform Study

Since the mid 80s, 20 century, developed countries like New Zealand,Great Britain, Australia and Canada etc have been advancing reforms onfinancial management. Among these reforms, Governmental BudgetAccounting is one of the hottest. International organizations such asInternational Financial Accounting Committee and International MonetaryFund have been devoting to pushing forward Governmental BudgetAccounting reform after Asia financial crisis.On the other hand, with the developments of marketing economicand legal system construction, people are paying more attention to thetransparency, structure and the effectiveness of government finance. Andinformation supplied by Government Budget Accounting is the best wayaccording to which people supervise and judge the government'sperformance. But current Government Budget Accounting has shortcomingsin theory foundation, calculation basis, exposure and trace to performance.So it's very urgent to promote reforms on it.The author begins this article with current environment change inGovernment Budget Accounting, then introduce the advanced theories andsuccessful practice in western countries, in the end, to bring forwardsuggestions on how to carry out reforms in our Government BudgetAccounting.