On Budget Accounting System in China

This paper considers that for nonprofit organizations that have no relations with public finance,their accounting should not still belong to budget accounting system,it can belong to business enterprise accounting system;but for nonprofit organizations that still depend on fiscal assistance,their accounting should still belong to budget accounting system.It’s inappropriate for nonprofit organization accounting becoming a separate accounting system.It is the time now in China that a uniform“Basic Standards on Budget Accounting”should be set down in order to improve budget accounting system further.