REVAMPING FINANCIAL MANAGEMENT: ASSESSING THE INFLUENCE OF A NEW GOVERNMENT ACCOUNTING SYSTEM

Authors: Chen Ling, Wei Zhang

Published: June 2024

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Abstract

<p>The new governmental accounting system introduces a distinct division, encompassing the management system of basic principles and the accounting management system of accounting disciplines and tables. Unlike the traditional accounting system, this innovative approach separates these two accounting domains, marking a significant shift towards integrating financial and budget accounting methods. This division brings about a transformation in both accounting and management practices, offering unique insights into government financial operations</p>

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