Title: Government Accounting: Recent Trends and Direction for India
Abstract:Gone are the days when the function of accounting was limited to record keeping. In today's environment accounting, apart from being a statutory requirement is also expected to provide the government ...Gone are the days when the function of accounting was limited to record keeping. In today's environment accounting, apart from being a statutory requirement is also expected to provide the government and other users of government's financial statements with relevant, reliable and timely information that will assist them in the decision-making process. The purpose of the present article is: one, to introduce government accounting systems; two, to examine the extent to which the present accounting system followed by our country fulfills the requirement of an ideal accounting system; three, to discuss the experience of the countries that have reformed their accounting system in recent past; and four, to look into the possibility of reforming the accounting system for our country.Read More
Publication Year: 2005
Publication Date: 2005-07-07
Language: en
Type: article
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Cited By Count: 1
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