Discussion on monthly financial accounting report of public institution under new government accounting system

Abstract

The new government's accounting system officially implemented in 2019, Implemented "double base" accounting system, It is a parallel accounting system of financial accounting based on accrual basis and budget accounting based on cash basis, The financial reporting system also implements the "dual reporting" system, required to provide both final accounts and financial reports. The purpose of this paper is to explore the accounting system under the new government, In accordance with the requirements of the management of general public institutions or other accounting information users for monthly update of financial information, Combined with the new changes of accounting information provided by "double report" under the accounting system of the new government, Discusses the characteristics of monthly financial accounting reports, Problems existing in monthly financial accounting reports of public institutions, Analyzes the contents of monthly financial report and get some Measures to improve the quality of monthly financial accounting report.