Jump to ContentJump to Main Navigation
Rethinking Public AccountingPolicy and Practice of Accrual Accounting in Government$
Users without a subscription are not able to see the full content.

S.K. Das

Print publication date: 2008

Print ISBN-13: 9780195698336

Published to Oxford Scholarship Online: October 2012

DOI: 10.1093/acprof:oso/9780195698336.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 19 February 2020

Accrual Accounting in the Australian Government

Accrual Accounting in the Australian Government

(p.70) 4 Accrual Accounting in the Australian Government
Rethinking Public Accounting

S.K. Das

Oxford University Press

This chapter analyses the experience of the Australian government in converting to accrual accounting. The adoption of accrual reporting by governments in Australia represents an important step in Australia's reform initiative to develop a more businesslike reporting model for the government departments—a model that accounts for the full cost of service delivery. Accrual accounting has provided a more comprehensive measure, over cash accounting, of the total activity of the government and the long-term effects of current policy, thereby enhancing governments' fiscal transparency and accountability. Accrual accounting has also been responsible for bringing about sustainability and sound fiscal management, and providing policymakers with information about the financial effects of current policies on future generations.

Keywords:   government accounting, public accounting, Australia, accounting reform, cash accounting, fiscal accountability, fiscal management, fiscal policy, public sector reforms, accrual accounting

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .