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News Entry# 300388
Apr 22 2017 (08:49) Indian Railways is on The Verge of Bankruptcy, Says Dinesh Trivedi (www.news18.com)
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News Entry# 300388   
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Posted by: iMoht~ 54 news posts
Unfortunately, the Indian Railways accounting system is not the best, as it does not follow the corporate accounting system. There is a lot of room left...

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Apr 22 2017 (14:28)
A2Z~
A2Z~   17505 blog posts
Re# 2245877-1              
We can hope that the accounting reforms being vigorously pursued by Mr. Prabhu, A Chartered Accountant, shall be quickly & properly implemented which will indicate the real financial condition of IR. This in turn is expected to motivate IR to take proper corrective actions and eventually come out of the chronic financial troubles.
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Apr 22 2017 (14:47)
TheDarkLord~
TheDarkLord~   10265 blog posts
Re# 2245877-2              
Accrual accounting system ko jald se jald IR ko acquire kerna chahiye, Cash based accounting system clear figure nahi de pati Financial state ki.
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