Technical Notes and Manuals

Transition to Accrual Accounting

By Abdul Khan, Stephen Mayes

September 21, 2009

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Abdul Khan, and Stephen Mayes. Transition to Accrual Accounting, (USA: International Monetary Fund, 2009) accessed November 21, 2024

Disclaimer: This Technical Guidance Note should not be reported as representing the views of the IMF. The views expressed in this Note are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

This technical note and manual addresses the following main questions: 1. What is accrual accounting? 2. What are the reasons for moving from cash to accrual accounting? 3. What are the differences between accrual accounting and accrual budgeting? 4. What are the main steps to be taken in moving from cash to accrual accounting? 5. What are the preconditions for introducing accrual accounting? 6. How should a move to accrual accounting be sequenced and managed in relation to the government overall agenda for public management reform?

Subject: Accounting standards, Accrual accounting, Budget planning and preparation, Financial statements, Fiscal accounting and reporting, Public financial management (PFM)

Keywords: Accounting standards, Accounting system, Accrual accounting, Accural accounting, Accural budgeting, Budget classification, Budget planning and preparation, Cash accounting, Chart of accounts, Country, Europe, Evaluation regime, Financial statements, Fiscal accounting and reporting, GFSM 2001, Goverment accounting, Goverment financial reporting, Government, Government balance sheets, IPSASB, Middle East, New Zealand government, Purchasing decision, Report government liability, TNM, U.K. government

Publication Details

  • Pages:

    24

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Technical Notes and Manuals No. 2009/002

  • Stock No:

    TNMEA2009002

  • ISBN:

    9781462371730

  • ISSN:

    2075-8669