The Application of Accrual Basis in Government Financial Accounting

For the government accounting and budget accounting, The most important way is the accrual basis, however, in the actual work, Cash-basis Accounting is still dominant. With the development of China's economy and accounting, The current system of cash basis is becoming more and more difficult to match with the national conditions, and appear many problems. The accrual basis has been adopted in many western countries, and achieved good results, so the government financial accounting in the application of accrual system has gradually become one of the main measures of the government financial accounting reform. Based on the background of government financial accounting, this paper analyzes the application of accrual basis in order to provide effective reference for relevant departments.