Government Accounting and Audit Mechanisms
By Dr. Lalit Kumar Setia
The malpractices are increasing year after year in Government
offices and the Government is continuously making efforts to control the
malpractices. In India, the Himachal Pradesh State Forests Development
Corporation Limited affected with losses due to timber cartels (as notices and
conveyed in CAG report*). In sale of deodar, due to cartels, the corporation
lost Rs. 18 crores amount and the losses increased from Rs. 31.66 crores in
2010-11, to 52.75 crores in 2014-15. Due to cartels, the government offices
usually cannot receive the competitive rates in auction, and there is lack of
competition in bidders leading to cartel formations. Government can only
increase the publicity of the auction and ensure the internal checks in the
processes. But that is also not taken seriously by the officers most of the
times and they adopt the convenient ways of auction.
It is required to move to e-auction strictly and wide publicity
should be done through various social media platforms. A course is usually
organized by Faculty of Financial Management, HIPA, Gurugram in National
Capital Region of India; focusing upon such issues.
Purpose:
The main objective of the above course is to build the capacity of
officers to supervise and monitor the accounting operations including billing,
receipts, tax deductions at source, and financial control through audit
mechanisms at their work-space
Who participates in the course?
The course builds up the capacity of Officers including
Principals, Assistant Professors, District Statistical Officers, Sub-Divisional
Officers, Head of Offices, and Accounts Officers.
What is generally covered in this course:
At the end of the course, the participants became able to
(i) describe the book-keeping and accounting mechanisms in Government organizations including maintenance of cash book,
(ii) describe the process of auditing accounting records and physically verification of store register,
(iii) compute
accurate amount of income tax of each employee, deduct tax at source (TDS), and
submission of e-TDS return.
*Copyright © 2018 Dr. Lalit
Kumar. All rights reserved.
