Notice of RetractionThe applicable scope and objects of government accounting in public finance system

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

To realize the value goals of China´s public finance, we have to attacth great importance to studying and reforming on the applicable scope and objects of government accounting. The applicable scope of government accounting should include: financial sector, government agencies, and the institutions which are mainly responsible for administrative functions. It is realistic that the state-owned enterprises are excluded from the scope of government accounting, but the govermental capital should be included in accounting objects of the government accounting. The accounting objects of government accounting can be highly summarized as the fund campaign in the applicable scope of government accounting.