03322nam 2200589Ia 450 991046423330332120181012004243.01-4623-6183-81-4527-5612-01-4518-7231-397866128430441-282-84304-4(CKB)3170000000055215(EBL)1608207(SSID)ssj0000940033(PQKBManifestationID)11523031(PQKBTitleCode)TC0000940033(PQKBWorkID)10956248(PQKB)11155342(OCoLC)503173030(MiAaPQ)EBC1608207(EXLCZ)99317000000005521520041202d2009 uf 0engurcn|||||||||txtccrAccrual budgeting and fiscal policy[electronic resource] /prepared by Marc Robinson[Washington D.C.] International Monetary Fund20091 online resource (35 p.)IMF working paper ;WP/09/84Description based upon print version of record.1-4519-1666-3 Includes bibliographical references.Contents; I. Introduction and Objectives; II. What is Accrual Budgeting?; III. Fiscal Sustainability and Capital Expenditure Controls; Boxes; 1. Capital Expenditure Appropriation in Australia and Denmark; IV. The Accounting Basis of Key Fiscal Policy Aggregates; 2. Net Financial Debt; 3. Major Divergences Between Net Lending and the Cash Balance: Some Examples; 4. Netting off General Government Asset Sales Receipts?; V. Net Worth, the Operating Balance, and Fiscal Sustainability; 5. Net Worth as a Fiscal Sustainability Measure?; VI. Accrual Aggregate Expenditure6. Accrual Aggregate Expenditure VII. Fiscal Policy for Macroeconomic Stabilization; 7. Accrual vs. Cash Measures of the Cost of Discretionary Fiscal Measures; VIII. Designing an Accrual Budgeting System to Support Accrual Fiscal Targets; 8. Net Capital Appropriations; IX. Targeting Cash Fiscal Aggregates under Accrual Budgeting; X. Controlling Budget Execution under Accrual Budgeting; 9. Net Lending vs. the Cash Balance; XI. Conclusion; ReferencesCan an accrual budgeting system-a system in which budgetary spending authorizations to line ministries are formulated in accrual terms-serve the needs of good fiscal policy? If so, how must such a system be designed? What are the practical challenges which may arise in implementing sound fiscal policy under a budgeting system which is significantly more complex than traditional cash budgeting? These are the primary questions addressed in this paper. Because any budgeting system must support the control of key fiscal policy aggregates, the paper also considers the case for reformulating fiscalIMF working paper ;WP/09/84.Accrual basis accountingFiscal policyElectronic books.Accrual basis accounting.Fiscal policy.Robinson Marc1955-910154MiAaPQMiAaPQMiAaPQBOOK9910464233303321Accrual budgeting and fiscal policy2037106UNINA