Research On Accrual Government Consolidated Financial Report

Our country has long been implementing the system of final accounts reporting based on the realization of receipts and payments,which plays an important role in reflecting the implementation of the budget of the government and its constituent departments.However,the implementation of the final accounts reporting system can not fully reflect the various assets and liabilities owned by the government As well as the government's operating costs,it is difficult to accurately reflect the government's financial position,not conducive to effective prevention of financial risks,but also not conducive to the supervision and evaluation of government performance.Establishing a system of accrual government consolidated financial report is of great significance to strengthening government debt management and budget performance management,establishing a rating mechanism for issuing bonds by local governments,strengthening financial supervision and enhancing financial transparency.Since 2011,China has piloted the compilation of accrual government consolidated financial report and successively promulgated a series of related accounting systems and compilation guidance methods,laying a theoretical foundation for our country's trial-writing work.However,at present,China is in the preliminary exploration stage of the reform of the accrual government consolidated financial report.Therefore,there are still many practical problems in the trial-making process and still need to be further improved.This paper firstly elaborates the current situation of the research at home and abroad from the four aspects of the government's financial report's target,main body,compilation basis and content.At the same time it introduces the three basic concepts and the social responsibility theory of the government consolidated financial report,which are sustainable,sustainable development theory and public fiduciary responsibility theory.Then,through the analysis of the current situation and compilation of the government consolidated financial report in our country,it points out the specific problems of the government consolidated financial report.Secondly,it introduces the experience of the reform of the government consolidated financial report in the western developed countries and draws the enlightenment from the improvement of the government consolidated financial report in our country.Finally,based on the analysis of the existing problems and the reference of international experience,this paper puts forward some suggestions for the comprehensive promotion of the government consolidated financial report construction in our country,including gradually improving the governmental accounting standardization system,improving the government consolidated financial report content,Public efforts,pay attention to the performance evaluation of the government and to strengthen the construction of supporting systems and human resources.At the same time,I sincerely hope that the research in this article can contribute to the compilation and improvement of the government consolidated financial report.