Rethinking Public Accounting: Policy and Practice of Accrual Accounting in Government

This volume argues for reforms in India’s public spending and accounting systems. According to the author, it will help set performance standards and provide reliable information to monitor government expenditure. Critically analysing the cash accounting system, he shows that it is inadequate to respond to the requirements of public accounting. Strongly comparative in nature, the book explores the lessons learnt from cutting-edge accounting practices in the UK, New Zealand, Australia and Sweden, drawing out and prescribing methods for India. This volume will be useful to bureaucrats, policymakers, and financial planners in the government. It will also serve as a reference text for civil service trainees, scholars, and researchers in politics and public administration.