GTZ Report on Accrual Accounting Status Quo - LGCDP

Contents
01. Executive Summary (p.1)
02. Cash Accounting vs. Accrual Accounting (p.2)
2.1. Definition and comparison of the Cash Accounting System and the Accrual Accounting System (p.2)
2.2. Advantages and Disadvantages of Cash Accounting and Accrual Accounting (p.4)
2.3. The dimensions of Accrual Accounting – Financial Statements (p.7)
2.4. In-Betweenism: Mixed Approaches of Cash and Accrual Accounting (p.8)
2.5. Which accounting approach for which level of government (p.9)
2.6. International Public Sector Accounting Standards – IPSAS (p.11)
2.7. International Experiences on the Local Level (p.11)
03. Findings and observations in the Nepalese municipalities (p.14)
3.1. Accrual accounting history and past udle experiences (p.14)
3.2. Status Quo in the Nepalese municipalities regarding Accrual Accounting (p.18)
04. How to implement Accrual Accounting (p.21)
4.1. Recommendations and preconditions for the implementation of Accrual Accounting (p.21)
4.1.1. Technical accrual accounting recommendations and preconditions (p.21)
4.1.2. General accrual accounting recommendations and preconditions (p.25)
4.2. Development of a macro and micro implementation plan (p.28)
05. Annex (p.30)
06. References (p.32)
Tables and Figures
Overview 1: Cash Accounting vs. Accrual Accounting (p.3)
Overview 2: The three most important dimensions of Accrual Accounting Financial Statements (p.8)
Overview 3: Worldwide efforts by local governments to implement accrual accounting (p.13)
Table 1: Municipality Types (p.18)
Table 2: Technical accrual accounting recommendations and preconditions (p.21)
Table 3: General accrual accounting recommendations and preconditions (p.25)
Table 4: Macro and Micro Level Strategy (p.29)
Annex 1: IPSAS List (p.30)
Annex 2: Macro level implementation plan (p.31)
Annex 3: Udle monitoring (p.31)