Governments could use accrual accounting / zero-based budgeting
By Hicbd
Wed Jul 17 2013 1:41 pm
"The majority of governments today still use cash accounting, which is based on cash payments and receipts being recorded as they occur. This form of accounting fails to capture information on public sector assets and liabilities and therefore presents a short-term view of public finance." Accrual accounting could lead to better information for decision-making, greater transparency, and increased accountability.
URL:
----------------------------------------------------------
Please login to comment
