In the present book "Challenges of Accounting" effort has been made to explain the heed and for developing same new accounting rules and norms for four dimensions like-inflation, human resource, Environment and computer which are taken as challenges for present accounting rules and norms.
The prime objective of the book shall be considered achieved if it proves positive and good suggested to our accounting professionals and professional bodies research organisations and academic as well as commerce and management students, finance managers and policy makers in the corporate sector.