01867cas a2200241 a 4500 AALejournalIMF005657 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451872316 1018-5941 BD-DhAAL BD-DhAAL Robinson, Marc. Accrual Budgeting and Fiscal Policy / Marc Robinson. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (33 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Can an accrual budgeting system-a system in which budgetary spending authorizations to line ministries are formulated in accrual terms-serve the needs of good fiscal policy? If so, how must such a system be designed? What are the practical challenges which may arise in implementing sound fiscal policy under a budgeting system which is significantly more complex than traditional cash budgeting? These are the primary questions addressed in this paper. Because any budgeting system must support the control of key fiscal policy aggregates, the paper also considers the case for reformulating fiscal policy in terms of accrual rather than cash aggregates. The primary focus is on the potential fiscal policy role of net lending and net financial debt. However, the paper also considers whether net worth is an aggregate with major fiscal policy relevance. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2009/084 Full text available on IMF http://elibrary.imf.org/view/journals/001/2009/084/001.2009.issue-084-en.xml IMF e-Library