Published: Sep 30, 1994
No. 1 - Implementing Accrual Accounting in Government: The New Zealand Experience
The New Zealand public sector experienced major reform in the late 1980's and early 1990's. This reform changed public sector management from a system based on compliance with detailed and restrictive rules and budget cash limits to a performance and accountability-based regime. This paper focuses on the move by New Zealand government departments from cash to accrual accounting, and the project to produce the first set of Financial Statements for the Government of New Zealand. The paper also attempts to draw out the key management issues in the implementation of full accrual accounting in the national government.
Copyright © 2016 The International Federation of Accountants (IFAC). All rights reserved.
Enhanced search function
IFAC FOCUS AREAS
- Accountability. Now.
- Developing the Global Profession
- Global Representation and Advocacy
- Professional Accountants in Business
- Small and Medium Practices
Independent Standard-Setting Boards
The International Auditing and Assurance Standards Board sets high-quality international standards for auditing, assurance, and quality control that strengthen public confidence in the global profession.
The International Accounting Education Standards Board establishes standards, in the area of professional accounting education, that prescribe technical competence and professional skills, values, ethics, and attitudes.
The International Ethics Standards Board for Accountants sets high-quality, internationally appropriate ethics standards for professional accountants, including auditor independence requirements.
The International Public Sector Accounting Standards Board develops standards, guidance, and resources for use by public sector entities around the world for preparation of general purpose financial statements.
You must be signed in to the IFAC website in order to submit a comment. If you do not have an account, please register below. IFAC respects your privacy and will not send you unsolicited email or spam. You can subscribe to IFAC publications, change your subscription preferences, or manage your user profile at any time.