Research on Accounting System of Government and Non-profit Organizations

DOI

10.2991/icmcs-18.2018.21How to use a DOI?

Keywords

Government and non-profit organization accounting; System; Construction; Research

Abstract

With the further development of the socialism public finance reform and the socialism market economy, due to the lack of a complete government and non-profit organization accounting system, the existing government and non-profit organization accounting systems that rely only heavily on the planned economy are unable to adapt Economic system reform and government management system reform required. The accounting basis of Chinese government and non-profit organizations should be converted from cash to accrual basis. Accounting elements should be based on existing assets, liabilities, net assets, income, and expenditures, and balances should be added. Income and expenditures should be increased in the organization. Importantly, the accounting measurement model is based on historical cost. In order to reliably measure costs, a fixed asset repair fund system or depreciation system should be established. In terms of disclosure of accounting information, it revised the balance sheet format, increased cash flow statement information, attached importance to off-balance-sheet information disclosure, improved financial analysis indicators, and attached great importance to financial analysis. The overall internationalization of budgetary accounting is slow, and the government and non-profit organizations are actively and steadily moving toward accounting internationalization.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Leping Jiang
PY  - 2018/10
DA  - 2018/10
TI  - Research on Accounting System of Government and Non-profit Organizations
BT  - Proceedings of the 8th International Conference on Management and Computer Science (ICMCS 2018)
PB  - Atlantis Press
SP  - 109
EP  - 112
SN  - 2352-538X
UR  - https://doi.org/10.2991/icmcs-18.2018.21
DO  - 10.2991/icmcs-18.2018.21
ID  - Jiang2018/10
ER  -