Accrual Budgeting and Accounting in Government and its Relevance for Developing Member Countries
Athukorala, Sarath Lakshman; Reid, Barry | June 2003
Abstract
The adoption of accrual budgeting and accounting by developing country governments is controversial. Supporters emphasize the benefits and the successful experiences of developed countries. Opponents contend that developing country governments should get the basics right, before attempting to introduce complex accounting practices. In the absence of practical guidelines and reference materials on this issue, the Asian Development Bank (ADB) has generally supported, though not necessarily encouraged, our developing member countries (DMCs) in their efforts. In doing so, ADB has learned that lessons from developed countries do not always hold true in the DMC environment. In the face of resource constraints, a lack of high-level commitment, complexity and strong opposition from groups with vested interests, ambitious government financial management reform programs often do not fully deliver promised benefits. This report examines the relevance of accrual budgeting and accounting in government for ADB DMCs and provides relevant background and guidance on this important issue. It presents practical suggestions on how DMCs might improve their government accounting arrangements in a gradual, systematic manner.
Citation
Athukorala, Sarath Lakshman; Reid, Barry. 2003. Accrual Budgeting and Accounting in Government and its Relevance for Developing Member Countries. © Asian Development Bank. http://hdl.handle.net/11540/5447.Print ISBN
971-561-488-4
Keywords
Results-Based Monitoring And Evaluation
Project Evaluation & Review Technique
Project Evaluation
Program Evaluation
Performance Evaluation
Operations Evaluation
Evaluation Methods
Evaluation
Cofinancing
Development Financing
Economic Development and Finance
Finance
Financial Advisory Services
Financial Assistance
Financial Support
Project Financing
Project Financing Justifications
Nonbank Financing
External Financing
Project impact
Development projects
Program management
Performance appraisal
Project appraisal
Technology assessment
ADB
Self Financing
Aid Financing
Financial Aid
Development Banks
Project Impact
Cumulative effects assessment
Grievance procedures
Participatory monitoring and evaluation
Development Banks
Asset allocation
Investment management
Commercial documents
Show allCollapse
Citable URI
http://hdl.handle.net/11540/5447Metadata
Show full item recordUsers also downloaded
-
Managing Government Expenditure
Asian Development Bank (Asian Development Bank, 2000-06-15)This chapter has two objectives. First, it places public expenditure management (PEM) in the broader context of the role of the state, good governance, macroeconomic policy, and the changing environment (especially in information and communication technology). To view PEM only through a technical prism would fundamentally distort the picture. Second, the chapter provides a quick run-through of the ...This chapter has two objectives. First, it places public expenditure management (PEM) in the broader context of the role of the state, good governance, macroeconomic policy, and the changing environment (especially in information and communication ... -
Asian Development Bank and Luxembourg: Fact Sheet
Asian Development Bank (Asian Development Bank, 2009-06-30)Updated yearly, this ADB Fact Sheet provides information on Luxembourg's contributions to ADB in terms of capital subscription and funding, the country’s delegates to ADB, and the involvement of Luxembourg companies and consultants in ADB projects. Luxembourg is the 30th largest shareholder. It has contributed $186.36 million in capital subscription and $49.06 million to special funds since joining ...Updated yearly, this ADB Fact Sheet provides information on Luxembourg's contributions to ADB in terms of capital subscription and funding, the country’s delegates to ADB, and the involvement of Luxembourg companies and consultants in ADB projects. ... -
Asian Development Bank and Luxembourg: Fact Sheet
Asian Development Bank (Asian Development Bank, 2011-06-30)Updated yearly, this ADB Fact Sheet provides social and economic indicators on Luxembourg as well as concise information on ADB's operations in the country and contact information. Luxembourg is the 30th largest shareholder and has contributed $186.36 million in capital subscription as of 1 April 2009. As of 31 December 2010, it has contributed and committed $50.64 million to special funds since ...Updated yearly, this ADB Fact Sheet provides social and economic indicators on Luxembourg as well as concise information on ADB's operations in the country and contact information. Luxembourg is the 30th largest shareholder and has contributed $186.36 ...