Accrual Budgeting

Looks at the other nations that have moved toward the fuller use of accrual concepts in budget reporting with an eye to what help their early experiences might offer the U.S. There are significant political, cultural and economic differences between the U.S. and these countries -- Australia, Canada, Iceland, the Netherlands, New Zealand, and the U.K. Nevertheless their early experiences offer some insights as the U.S. considers ways to improve budget recognition of long-term commitments and continues to strive for improvement sin government performance and accountability. Charts and tables.