People’s Conception about Revenue-Expenditures and Governmental Accounting Procedure in Bangladesh: A Strategic Way Forward and Philosophical Analysis

At Present governmental policy making emphasizes what departments produce rather than on what they have available to spend. The study helps in developing a theoretical framework of accrual-based governmental accounting systems in Bangladesh. It also helps to conceptualize accounting information used by the politicians (users of information) and public financial managers/civil servants (producer of information). As the people of the country are the owners of public money, the government and the civil servants have some responsibility to ensure welfare to the citizenry at all levels by effective utilizing of the money. For developing the theory exploratory research has been conducted. To reach the result descriptive statistical techniques were applied to analyze on thirty respondents who are directly/indirectly practitioner/service receivers of…