Resource Accounting : Framework of Accounting Standard Setting in the UK Central Government Sector

This paper considers the experiences of the United Kingdom, which decided to move to an accrual basis for both budgeting and financial reporting in 1995. It highlights some of the key arguments influencing the decision to adopt an accrual system, not just for financial reporting, but also for budgeting.International Federation of Accountants, Public Sector Committee Staff is the author of 'Resource Accounting : Framework of Accounting Standard Setting in the UK Central Government Sector', published 2002 under ISBN 9781887464871 and ISBN 1887464875.