논문

The Local government is trying to change an accounting system adopting a
single entry bookkeeping system based on cash basis into a double entry
bookkeeping system on accrual basis. If the double entry bookkeeping system is
adopted, Dual System in which the budget system of the single entry bookkeeping
on cash basis exists together with the accounting system of double entry
bookkeeping on accrual basis should be operated by the government. In this
case, it is necessary to establish new accounts reflecting the activities of the
local government fields. All the activities of the local government fields are
performed based on the budget of revenues and expenditures, and thus the new
accounts on which the relations with the budget items can be easily and clearly
understood should be adopted. Generally considering the actual conditions of the
budget system, it is reasonable to establish the accounts based on the current
budget items. Establishment of the accounts based on the current budget items
will be able to minimize the confusion due to the adoption of the double entry
bookkeeping system, and transparency of the government activities will be
raised. In this study, a method for establishing the accounts of the local
government was reviewed, and particularly, the method which the budget items
on cash basis should have mutual connections with double entry bookkeeping
accounts on accrual basis was reviewed.