KIRLI, Mustafa Celal Bayar Üniversitesi - Ahmetli Meslek Yüksekokulu - Muhasebe ve Vergi Bölümü, Turkey

ACCRUAL-BASED ACCOUNTING APPLICATIONS AT MUNICIPALITIES

22340

Government Accounting is a system that records, classifies and summarizes in reports the events of fiscal nature occurring in public institutions, and that provides information to all parties about public institutions by analyzing and interpreting these reports. Municipal Accounting, an important element of Government Accounting, is recognized as an important instrument of future planning, accountability and financial transparency. In Government and Municipal Accounting, being adopted accrual- based record method; cash inflows and outflows are not taken into consideration in accounting of financial transactions, the occurrence of financial transactions is observed as sufficient. In Accrual- Based Accounting, accrued income and expenses are included in the accounts and reports of the fiscal year regardless of cash flows. In Accrual- Based Accounting, the record of financial transactions in that way is exactly compatible with the concept of periodicity which is one of the basic concepts of accounting.

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Accrual , Based Government Accounting , Cash , Based Government Accounting , Municipal Accounting

Celal Bayar University Journal Of Social Sciences

273