The book takes the reader from basics to the outstanding issues and concerns about the system of government accounting and budgeting in India. It covers the basics of accounting, cash management, expenditure management, payment system, budget making system. It pays attention to the theme of 'fiscal transparency', an important need of democratic governance and 'fiscal responsibility' about how taxation, borrowing and spending affect us all. It has detailed overview of completed, ongoing, contemplated and possible reforms. This spotlighting of the reforms agenda is the core theme of the book and in that respect it is not a textbook on government accounts but provides food for thought to every interested person. All elected public representatives, government officials handling public money, public finance researchers and all enlightened citizens would find it useful.