Accrual practices and reform experiences in OECD countries published by OECD (6/2016).
“Around three quarters of OECD countries have adopted accrual accounting for their year-end financial reports, although they have not necessarily implemented all aspects of what may be regarded as a full accrual accounting framework. In particular, countries have progressed differently in populating their balance sheet: for example, civil service pensions and natural resources are still not reported by around half of the countries.
More than a quarter of OECD countries prepare their annual budgets on an accrual basis. However, the Survey does not evidence shared understanding and practices with regards to the definition and meaning of accrual budgeting in terms of content and presentation of budgets, and nature of appropriations.”
