What are the government accounting budget elements

Government accounting budget elements are including budget revenues, budget expenditures and budget balances.

1. Financial accounting elements include assets, liabilities, net assets, revenues and expenses. Governmental accounting dual elements means that governmental accounting elements include budgetary accounting elements and financial accounting elements.

2, government accounting is an important branch of the accounting system, it is the use of specialized accounting methods for the government and its constituent entities (including government-owned administrative units, etc.) of the financial position, operation (including operating costs), cash flow, budget execution, etc., to carry out a comprehensive accounting, supervision and reporting.

3, China's government accounting standards system mainly consists of basic government accounting standards, specific government accounting standards and application guidelines and government accounting system.

4, the business activities of government accounting can be divided into three categories: governmental activities, commercial activities and fiduciary agency activities. The basic objective of government accounting should be to reflect the fulfillment of the government's fiduciary responsibilities. Government accounting reform of different government business activities on the accounting system is expected to achieve different realms, so the positioning of government accounting objectives should also be considered in terms of the characteristics of government business activities. The measurement and reporting of governmental activities focuses on the sources, uses, and balances of financial resources for the current period; the measurement and reporting of business-type activities concentrates on operating revenues, changes in net assets, financial position, and cash flow flows; and the measurement and reporting of fiduciary-agency activities focuses on net assets and changes in net assets. That is, commercial activities are more focused on information about financial position, results of operations, and costs, and typically less focused on budgetary comparison information or information about inflows and outflows of funds.