International Comparison of Government Accounting System

Information is the foundation and premise of strengthening national governance. However, the government accounting system based on budget and payment in the past was not conducive to financial risk control and government performance evaluation, it is not enough to meet the information needs of strengthening government governance. Therefore, it is necessary to introduce the accrual basis of the government accounting system. As some developed countries have carried out the reform of government accounting earlier, their current systems have been gradually deepened on the basis a series of experiences. Consequently, the comparison and analysis of the government accounting system of these countries will be helpful for our country to provide a formulate government accounting system, and to provide guidance for our government to carry out stable and smooth accounting reform.