Main problem of adopting accounting reforms is govt. Suppose, a person who recently goes for interview in govt. department for post of accountant, will not be appointed because he does not know manual accounting and he is expert in e-accounting and other online accounting system which has been reformed from manual system. So, only after changing the mind of govt. accounting reforms can be used practically in govt. departments.
Indian Railway Accounting Reforms
For reforming indian railway accounting, govt. has made accounting standard advisory board and divided his profit into three parts. One is profitibility from