Page 1 of 2 4:00AM Monday May 11, 2009 Photo / Supplied On May 28, Minister of Finance Bill English will present a Budget using accrual accounting principles and a balance sheet detailing an accounting representation of net worth (the Crown's assets less its liabilities). This process will be familiar to many households that have completed loan application forms which focus on net worth as a measure of financial strength and, in most respects, the two exercises differ only in terms of their scale and...
photo: WN / Geeta
