Building the Policy of Performance-Oriented Financial Management in Japanese Local Government's Asset and Liability Reform

Research Project

Project/Area Number	16K13405
Research Category	Grant-in-Aid for Challenging Exploratory Research
Allocation Type	Multi-year Fund
Research Field	Accounting
Research Institution	Kwansei Gakuin University
Principal Investigator	ISHIHARA Toshihiko 関西学院大学, 経営戦略研究科, 教授 (20223018)
Research Collaborator	MASUTO Kenkichi
Project Period (FY)	2016-04-01 – 2018-03-31
Project Status	Completed (Fiscal Year 2017)
Budget Amount *help	¥2,860,000 (Direct Cost: ¥2,200,000、Indirect Cost: ¥660,000) Fiscal Year 2017: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000) Fiscal Year 2016: ¥1,690,000 (Direct Cost: ¥1,300,000、Indirect Cost: ¥390,000)
Keywords	地方自治体 / 資金管理 / 資金調達 / 資金運用 / 内部統制 / 基金 / 地方債 / 歳計現金 / 財務管理 / リスクマネジメント / 公債 / 資産負債改革 / 基金運用 / 公共ファイナンス
Outline of Final Research Achievements	Financial management in Japanese local government has been very important issue for many academic researchers. But the survey of its current financial management situations were not done at all. The performance of this research will be regardes as one of the newest academic important results, which shows the details of the way Japanese local government have been running in financial management. One of the biggest findings is that 98% of Japanese local government do not have predetermined policies and regulations about the proper use of public funds, Regarding this, the research places emphasise on the importance of introduction of the concept of financial management internal control. Such an internal control should be linked with the internal control of management accounting and internal audit. The research explains the future research questions, as well.