Union Budget 2015: Time to shift to Accrual based Budgeting?

CA. Rajvir Bhatnagar , Last updated: 07 February 2015 Share Follow on Google News

Mid Year Economic Review 2014-15 carried out by the Government had listed the following fiscal challenges, besides two others: o Budget was unduly over burdened by a legacy of carried over expenditure o Revenue projections were over optimistic There is no doubt such carried over exp

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About the Author

CA. Rajvir Bhatnagar

A chartered Accountant with an extensive experience of 33 years in Corporate Accounts, Financial analysis controls, Financial Strategies, Enterprise Risk Management MIS, Budgeting Product Profitability with an Oil Energy major ranked within top 100 of the Fortune 500 companies.Alongside my core profession, I have be ... Read more

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Union Budget 2015: Time to shift to Accrual based Budgeting?

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