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Accrual Budgeting

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Public Budgeting in India

Part of the book series: India Studies in Business and Economics ((ISBE))

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Abstract

The new public management systems emphasising on the transparency, cost-effectiveness and managerial flexibility have suggested moving away from cash-based budgeting to accrual-based budgeting. This article offers an analysis of the limitations and benefits of cash and accrual systems. An attempt is also made to evaluate the experiences of New Zealand and Australia with accrual budgeting in order to gain insights into how accrual budgeting has impacted in areas of public performance, sustainability and accountability. The paper further examines the prospects of introducing accrual accounting and budgeting in India, based on the insights gained from the experiences of New Zealand and Australia.

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Notes

  1. 1.

    Rayegan et al. (2012), p. 525.

  2. 2.

    Wynne (2003), p. 3.

  3. 3.

    Ibid.

  4. 4.

    Ibid.

  5. 5.

    Hepworth (2002), p. 4.

  6. 6.

    US GAO (2000), p. 197.

  7. 7.

    Das (2006), ix.

  8. 8.

    World Bank (2002), p. 2.

  9. 9.

    US GAO (2000), p. 193.

  10. 10.

    US GAO (2000), p. 196.

  11. 11.

    US GAO (2000), p. 193.

  12. 12.

    Das (2006), p. 8.

  13. 13.

    Algemene (2007), p. 10.

  14. 14.

    Algemene (2007), p. 11.

  15. 15.

    Ibid.

  16. 16.

    US GAO (2000), p. 203.

  17. 17.

    Algemene (2007), p. 12.

  18. 18.

    US GAO (2000), p. 204.

  19. 19.

    Ibid.

  20. 20.

    Meyers (2009), p. 216.

  21. 21.

    Ball et al. (2000), p. 8.

  22. 22.

    Ibid.

  23. 23.

    Algemene (2007), p. 12.

  24. 24.

    Blondal (2004), p. 116.

  25. 25.

    Ibid.

  26. 26.

    US GAO (2000), pp. 216–7.

  27. 27.

    Algemene (2007), p. 12.

  28. 28.

    Blondal (2004), p. 116.

  29. 29.

    US GAO (2000), p. 218.

  30. 30.

    Shah (2007), p. 9.

  31. 31.

    GASAB (2015), p. 10.

  32. 32.

    Shah (2007), p. 9.

  33. 33.

    GASAB (2015), p. 5.

  34. 34.

    GASAB (2015), p. 10.

  35. 35.

    US GAO (2000), p. 222.

  36. 36.

    GASAB (2015), p. 6.

  37. 37.

    Ibid.

  38. 38.

    Ibid.

  39. 39.

    Das (2006), p. 48.

  40. 40.

    Algemene (2007), p. 66.

  41. 41.

    Algemene (2007), p. 65.

  42. 42.

    Das (2006), p. 53.

  43. 43.

    OECD (1993), p. 40.

  44. 44.

    Algemene (2007), p. 65.

  45. 45.

    Das (2006), pp. 53–4.

  46. 46.

    Das (2006), p. 56.

  47. 47.

    Das (2006), pp. 63–4.

  48. 48.

    Das (2006), p. 64.

  49. 49.

    Algemene (2007), p. 67.

  50. 50.

    Ibid, p. 67.

  51. 51.

    Das (2006), pp. 68–9.

  52. 52.

    Algemene (2007), p. 68.

  53. 53.

    Das (2006), p. 54.

  54. 54.

    Algemene (2007), p. 68.

  55. 55.

    Das (2006), p. 54.

  56. 56.

    Ibid, p. 70.

  57. 57.

    OECD (1993), p. 26.

  58. 58.

    Ibid.

  59. 59.

    Ibid.

  60. 60.

    Das (2006), p. 73.

  61. 61.

    OECD (1993), pp. 27–8.

  62. 62.

    Das (2006), p. 74.

  63. 63.

    Ibid.

  64. 64.

    OECD (1993), p. 28.

  65. 65.

    Das (2006), p. 76.

  66. 66.

    Algemene (2007), p. 71.

  67. 67.

    Algemene (2007), p. 72.

  68. 68.

    Algemene (2007), p. 73.

  69. 69.

    Das (2006), p. 77.

  70. 70.

    Ibid.

  71. 71.

    Algemene (2007), p. 74.

  72. 72.

    US GAO (2000), p. 209.

  73. 73.

    Ibid.

  74. 74.

    Das (2006), p. 69.

  75. 75.

    US GAO (2000), p. 211.

  76. 76.

    Das (2006), p. 196.

  77. 77.

    US GAO (2000), p. 212.

  78. 78.

    Ibid.

  79. 79.

    Das (2006), pp. 146–7.

  80. 80.

    Das (2006), p. 86.

  81. 81.

    Das (2006), p. 69.

  82. 82.

    US GAO (2000), p. 219.

  83. 83.

    US GAO (2000), p. 222.

  84. 84.

    Das (2006), p. 17.

  85. 85.

    Ibid.

  86. 86.

    Kothari (2013), p. 2.

  87. 87.

    Ministry of Finance (2005).

  88. 88.

    Jena (2013), p. 7.

  89. 89.

    Sasidharan (2011), p. 275.

  90. 90.

    Ibid.

  91. 91.

    Ibid.

  92. 92.

    Ibid.

  93. 93.

    Rai (2011), pp. 5–6.

  94. 94.

    Sasidharan (2011), p. 277.

  95. 95.

    Ibid.

  96. 96.

    Rai (2011), p. 6.

  97. 97.

    Ibid.

  98. 98.

    Jena (2013), pp. 7–8.

  99. 99.

    Rai (2011), p. 7.

  100. 100.

    Jena (2013), p. 8.

  101. 101.

    Rai (2011), p. 7.

  102. 102.

    Ibid.

  103. 103.

    Ibid.

  104. 104.

    Rai (2011), p. 9.

  105. 105.

    Ibid.

  106. 106.

    Ministry of Finance (2011), p. 1.

  107. 107.

    Rai (2011), p. 12.

  108. 108.

    Adwaith (2011), p. 1.

  109. 109.

    Jena (2012).

  110. 110.

    GASAB (2015), p. 8.

  111. 111.

    Das (2006), pp. 56–7.

  112. 112.

    GASAB (2015), p. 8.

  113. 113.

    Ibid.

  114. 114.

    Ramakrishnan and Sivabalan (2011), p. 1.

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  1. Bengaluru, India

    S. K. Das

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  1. Centre for Economic Studies and Policy, Institute for Social and Economic Change, Bengaluru, Karnataka, India

    Gayithri Karnam

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Das, S.K. (2018). Accrual Budgeting. In: Karnam, G. (eds) Public Budgeting in India. India Studies in Business and Economics. Springer, New Delhi. https://doi.org/10.1007/978-81-322-3917-8_9

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