Research on New Problems and Reform Prospects of the Budgetary Accounting System of Business Units
DOI:
https://doi.org/10.71222/8234n324Keywords:
business units, budget accounting system, new problems, reform prospectsAbstract
As an important pillar of the national public service system, the budgetary accounting system of institutions is directly related to the efficiency of the use of financial funds and the rational allocation of public resources. In recent years, with the increasing complexity of the economic environment, the deepening of the financial system reform and the public's demand for transparency and performance, the traditional budgetary accounting system has gradually revealed a number of non-adaptive problems. For example, such as the rigidity of the budgeting method, lack of supervision in the implementation process, outdated accounting basis, and insufficient scientific guidance in the performance evaluation system, among others. These problems not only restrict the effective performance of the functions of the institutions, but also may lead to the waste of funds and risks to institutional integrity. At the same time, the arrival of the digital economy era has put forward higher requirements for the informatization and refinement of budget management, while the existing system is still insufficient in the application of technology and system innovation. In this context, the study of new issues and reform paths of the budget accounting system of public institutions is not only an inevitable choice to improve the quality of public services, but also an important hand to promote the modernization of financial management.
References
1. J. Diamond, Budget System Reform in Emerging Economies: The Challenges and the Reform Agenda. Washington, DC: Int. Monetary Fund, 2006. ISBN: 9781589064744.
2. E. G. Flamholtz, “Accounting, budgeting and control systems in their organizational context: theoretical and empirical per-spectives,” Account. Organ. Soc., vol. 8, no. 2–3, pp. 153–169, 1983, doi: 10.1016/0361-3682(83)90023-5.
3. A. Kirama and A. W. Mayo, “Challenges and prospects of private sector participation in solid waste management in Dar es Salaam City, Tanzania,” Habitat Int., vol. 53, pp. 195–205, 2016, doi: 10.1016/j.habitatint.2015.11.014.
4. J. L. Mikesell and D. R. Mullins, “Reforming budget systems in countries of the former Soviet Union,” Public Adm. Rev., vol. 61, no. 5, pp. 548–568, 2001, doi: 10.1111/0033-3352.00127.
5. N. Hepworth, “Government budgeting and accounting reform in the United Kingdom,” in Models of Public Budgeting and Ac-counting Reform, vol. 2, pp. 115–132, 2002. ISBN: 9264198970.
