WORK CENTERS  

Center for Financial Management


Key Projects Handled

Organized Training programmes for 20,000 functionaries form the Panchayat Secretaries of the Grama Panchayat to B. Chief Executive Officers of Zilla Parishad on the Accounting system introduced by Government in the PRIs as per the recommendations of Eleventh Finance Commission.

Trained about 1000 Auditors of the State Audit Department on the new Accounting procedures followed in the PRIs.This training has help the statutory Auditors 

Brought out manuals on Accounts Maintenance in each PRIs.




Organized Training programmes for 20,000 functionaries form the Panchayat Secretaries of the Grama Panchayat to B. Chief Executive Officers of Zilla Parishad on the Accounting system introduced by Government in the PRIs as per the recommendations of Eleventh Finance Commission.

This new Accounting System deals with,

Introduction of new three digit Minot Heads in the state PR budget for transfer of funds to local bodies of each level viz. Zilla Parishad (197), Mandal Parishads (196) and Grama Panchayat (198)

Introduction of standard four tier classification for each transaction which help in the computerization of accounts. 

Functional classification of experience to distinguish the programmes, schemes/ activities

Introduction of (16) common formats to keep the accounts

Classification of receipts and payments into Revenue Account and capital Account

Exercise the “Budget control”, on the funds flow

Maintenance of single cash Book for all the schemes and programme funds

Separation of Panchayat fund (part – I) and Deposit and advances (Part – II) in the Annual Account





Trained about 1000 Auditors of the State Audit Department on the new Accounting procedures followed in the PRIs. This training has help the statutory Auditors 

In conducting performance Audit along with financial audit

Preparation of consolidated Annual Accounts of the PRIs at each level

Track the expenditure grant wise or scheme wise because of allocation of Alpha numerical codes to each grant




Brought out manuals on Accounts Maintenance in each PRIs. 

These manuals act like Hand Book to the PR functionaries on the principles of Financial Administration, planning and budgeting. The provisions of Acts and Rules framed there under in so far Accounts and Audit matters are concerned are explained in these manuals. Which serve as ready reckoner in dealing with PR finances from GP to ZP level.

These manuals are helpful not only to the PR staff and elected representatives but also to the Auditors of State Audit department in conducting the statutory audit of PRIs. These manuals are published in “Telugu” for wider reach.



















 

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