1 The second part discusses the objective of governmental accounting.

2 The third part discusses the basic postulates of governmental accounting.

3 Many governmental accounting problems are similar to those applicable to private businesses.

4 Governmental accounting Many accountants are employed by not - for - profit organizations, including governmental agencies.

5 We should disclose the governmental accounting reporting to the public to report the accountability the government.

6 The three major fields of accounting activity are private accounting, public accounting and governmental accounting.

7 Its purpose is to provide a reference to our reformation of governmental accounting report.

8 From 80 s of 20 th century, there starts an international governmental accounting reform.

9 However, current researches mainly concentrate on accounting objective, accounting basis and the relation between budgetary accounting and governmental accounting.

10 Nonprofit accounting also follows a pattern of accounting that is similar to governmental accounting.