On the Reformation of Accounting System in Public Institutions

With the development of market economy,there have been a series of changes in the accounting system in China.By contrast,the financial reform in Chinese public institutions lags relatively behind.The existing mode of accounting system in public institutions remains the one of account-rendering,as the business accounting statement of the budget accounting to conduct financial allocation and relevant expenditure.Therefore,this paper presents some reformation suggestions such as the zero-base budgeting on the accounting system in Chinese public institutions.