Transition to Accrual Accounting
Technical Notes and Manuals, September 21, 2009
Source details
- Canonical URL
- Transition to Accrual Accounting
Other formats
Bibliographic details
- Authors: Abdul Khan, Stephen Mayes
- Published: September 21, 2009
- Series: Technical Notes and Manuals
- DOI: https://doi.org/10.5089/9781462371730.005
Overview
- Title: Transition to Accrual Accounting
- Authors: Abdul Khan, Stephen Mayes
- Date: September 21, 2009
- Series: Technical Notes and Manuals No. 2009/002
- Issue: 002
- Volume: 2009
- Pages: 24
- DOI: https://doi.org/10.5089/9781462371730.005
- Stock No: TNMEA2009002
- ISBN: 9781462371730
- ISSN: 2075-8669
- Format availability noted: PDF and additional formats via IMF eLibrary
- 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."
Main questions addressed
- What is accrual accounting?
- What are the reasons for moving from cash to accrual accounting?
- What are the differences between accrual accounting and accrual budgeting?
- What are the main steps to be taken in moving from cash to accrual accounting?
- What are the preconditions for introducing accrual accounting?
- How should a move to accrual accounting be sequenced and managed in relation to the government overall agenda for public management reform?
Key subjects and topics covered
- Accounting standards
- Accrual accounting
- Budget planning and preparation
- Financial statements
- Fiscal accounting and reporting
- Public financial management (PFM)
Keywords (verbatim)
- 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
Findings and substantive guidance (as presented)
- The technical note and manual addresses the six main questions listed above concerning the nature, rationale, distinctions, steps, preconditions, and sequencing/management of transitioning from cash to accrual accounting.
- Emphasis on sequencing the move to accrual accounting in relation to the government's overall public management reform agenda.
Practical guidance and implementation focus
- The publication functions as a technical note and manual offering stepwise guidance for moving from cash to accrual accounting.
- It outlines preconditions required for introducing accrual accounting.
- It differentiates accrual accounting from accrual budgeting and explains implications for budget planning and financial statements.
Access and distribution
- Available through IMF eLibrary in multiple formats.
- Options noted on the landing page: Download PDF, More Formats on IMF eLibrary, Order a Print Copy, Create Citation.
Source: IMF Technical Notes and Manuals No. 2009/002 — "Transition to Accrual Accounting" by Abdul Khan and Stephen Mayes (September 21, 2009).