Accrual Budgeting and Accounting in Government and its Relevance for Developing
| Author | : | |
| Rating | : | 4.20 (884 Votes) |
| Asin | : | 9715614884 |
| Format Type | : | paperback |
| Number of Pages | : | 85 Pages |
| Publish Date | : | 2015-03-02 |
| Language | : | English |
DESCRIPTION:
. Barry Reid is a staff consultant at the Asian Development Bank. Sarath Lakshman Athukorala is a financial management specialist at the Asian Development Bank
Barry Reid is a staff consultant at the Asian Development Bank. . About the AuthorSarath Lakshman Athukorala is a financial management specialist at the Asian Development Bank
"Excellent Reference Material" according to Galia Ismakova. Provides a thoughtful consideration of the relevance of accrual budgeting to developing countries.
In the absence of practical guidelines and reference materials for this relatively new procedure, this work draws on lessons learned by the Asian Development Bank in working with countries to improve their financial management and suggests a measured approach to gradually improving governmental accounting arrangements. This report offers insights into the controversial practice of accrual budgeting, a budgetary practice common in developed nations, but which has only recently begun to be utilized in developing nations. By doing so, nations are encouraged to chart a step-by-step course from a cash accounting standard to eventual adoption of accrual accounting practices.