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Managerial Finance and Control Mechanisms

Managerial Finance and Control Mechanisms

By Dr. Lalit Kumar Setia |  @drlalitsetia  |  drlalitsetia@gmail.com  |  October 10, 2018 6:15 p.m. IST

Purpose:

The main objective of the above course was to build the capacity of officers to manage funds by enforcing proper compliance of control mechanisms as provided in financial rules.

Who participated in the course?

The course was successfully organized and 25 officers participated in the course including District Fisheries Officers, Executive Engineers, Sub-Divisional Officers, Associate Professors, Assistant Professors, and Assistant Employment Officers. The greater emphasis is provided upon the concept of finance in management and how it influences each decision of the management.

What has been covered in this course:

At the end of the course, the participants became able to (i) describe the finance function and role of finance in proper utilization of resources, (ii) describe the control mechanisms including Budgetary Control, Audit Mechanisms, and Accounting in financial administration, (iii) use Integrated Financial Management Information System including Online Budgeting, e-Billing, and e-Challan, (iv) use MS-Excel software in managing financial operations in their offices.
*Copyright © 2018 Dr. Lalit Kumar. All rights reserved.

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