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HomeBusinessRailways’ switch to accrual-based accounting to boost multilateral, green financing: ICAI

Railways’ switch to accrual-based accounting to boost multilateral, green financing: ICAI

Kolkata, Dec 22 (PTI) Indian Railways has successfully transitioned to an accrual-based accounting system, a move expected to enhance financial transparency and ease resource mobilization from multilateral agencies and green financing, according to a top official of the Institute of Chartered Accountants of India (ICAI). The transition to accrual accounting is now operational across all […]

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