Inagi City's new public accounting system

Currently, public accounting of local governments is carried out by "cash-based single-entry bookkeeping", which contributes to the appropriate and reliable execution of budgets by focusing mainly on the flow of cash.
However, with this method, it is not possible to grasp the stock information such as the assets accumulated in the budget execution of each fiscal year and the liabilities for that, and the costs that do not involve cash expenditure such as depreciation.
Therefore, in Inagi City, the Ministry of Internal Affairs and Communications introduced the concept of accrual accounting and double-entry bookkeeping stipulated in the "New Local Public Accounting System Study Group Report" and "New Local Public Accounting Practice Study Group Report" announced by the Ministry of Internal Affairs and Communications. We have prepared financial documents based on the revised model.
In addition, from fiscal 2011 onwards, in order to further increase accuracy, financial statements will be prepared based on a standard model that maintains a fixed asset ledger and journalizes each transaction. "Accounting System".
This time, based on a request from the Ministry of Internal Affairs and Communications, we created financial documents based on unified standards from the fiscal year ending March 31, 2015, and revised the content of the booklet to comply with the unified standards.
Please click here for the 4 financial statements.