P. Nirmalashiny, Chilakala Aparna, K.M. Gayathri


This paper revolves around the government accounting based on India. This has covered the reformation of the accounting in the India and also the objectives, main components of the government accounting in India and also it discusses about the need for reformation of the accounting. This also discuss about the types of government accounting.


It also discusses about the strength and weakness of the current system of government accounting of India. Then it revolves around the Indian Government Financial Reporting Standards (IGFRS) and its scopes and objectives. Further it discusses about the comparison of different countries accounting systems with their financial reports.


Accounting, Government, Financial Management, Government Accounting and Controller General of Accounts (CGA).



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Normanton EL. (1966). "The Accountability and Audit of Governments", Manachester University Press, New York.

Wheeler G. (2004). "Sound Practice in Government Debt Management", The International Bank for Reconstruction and Development, Washington DC.


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