Public sector accounting in india: a historical review and an analysis since independence to the economic reforms of the nineties

Abstract

This study provides a history and an inventory and analysis of existing public sector accounting principles in India from the time of independence from the British in 1947 through the economic reforms of the nineties. It also analyses the factors that are affecting the current evolution in governmental accounting from an ineffective bureaucratic system to an informative decision making tool, utilizing Luder’s Contingency Model of Public Sector Accounting.

Citation

Khumawala, S.B. (1997), "Public sector accounting in india: a historical review and an analysis since independence to the economic reforms of the nineties", Journal of Public Budgeting, Accounting & Financial Management, Vol. 9 No. 2, pp. 305-330. https://doi.org/10.1108/JPBAFM-09-02-1997-B006