In to-day’s ‘hi-tech’ competitive world of real business, Accounting and Auditing have assumed critical significance. The venture has been designed to meet a long felt needs. It provides a comprehensive material on the subject. The volume is a compendium of papers contributed by the distinguished personalities, researchers academicians, consultants and so on. The volume focuses upon the given below aspects:—Social Accounting in Public Undertakings, Cost Accounting in Public Sector Banks, Human Resource, Accounting in Public Undertakings, Environmental Accounting and Reporting, Inflation Accounting Practices in Public Undertakings, Government Accounting, Zero Based Budgeting, Activity Based Costing, Accounting under Income Tax Act, Leasing Accounting, Joint Venture Accounting, Audit Control Agencies Exercise over Public Enterprise, Fraud Detection and Audit in Banks, Audit Committee, Secretarial Auditing, Rotation of Auditors, Environmental Audit, Audit in Computerised Environment, Digital Auditing of Digital Firm, Social Audit : An Overview.