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Mastering the transformation

New Public Management - Accrual accounting and budgeting

Author: Frans van Schaik

The aspirations of citizens across the world are placing new demands on governments and the success of government leaders is increasingly being measured by the benefits they are creating for their constituents – citizens and communities; companies and industries. Such benefits demand top efficiency and performance, proper accountability and public trust, and a true focus on delivering better service and results.

As a result of this pressure, public sector reform is taking place, governments across the world are increasingly transforming management operations to make their decisions more effective and efficient, and their performance more transparent. The targeted result is greater value for their constituents.

Deloitte is a trusted business advisor to its global public sector clients and a source of best practice for world class government organisations. Every day across the world, Deloitte teams work with public organisations to help them build relationships of trust with their constituents and deliver exceptional benefits to their citizens.

In this challenge, public authority accounting systems at state, regional and local levels, as well as the financing structures and reporting of government-owned businesses represent a focal point of advisory services.

This document portrays some of the benefits for governments and government bodies of mastering the transformation from traditional to more advanced and transparent accounting methodologies. It provides insights into effective change management. It extracts essentials from practical experience and offers how-to coverage.

It provides global public sector expertise in support of public authorities improving their services to their citizens and in their transformation objectives from cash-based to accrual accounting.

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