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Latest Publication: A major element of internal control in government is an independent and professional internal audit function. In most jurisdictions, government internal auditors continue to use traditional manual auditing method of testing controls by performing the tests on a retrospective and cyclical...
Modi govt used revised estimates for FY19 in Budget for FY20 rather than provisional actual numbers. That’s standard practice in election year budgets. The Modi government used the revised estimates for 2018-19 in its budget for 2019-20 rather than the provisional actual numbers. The move came even as the...
The Union government in India is a behemoth, employing lakhs of people and responsible for collecting a lion’s share of the taxes that India’s people generate. However, this juggernaut is now slowing down. Total Union government expenditure as a proportion of the Gross Domestic Product fell from 13.9% in 2013...
Dignitaries/Experts/Government Executives expected from the Royal Government of Bhutan (RGoB) India, Nepal, Bangladesh, Sri Lanka, Malaysia, Indonesia and participants from the World Bank and other stakeholders to discuss challenges, opportunities and innovations in internal audit in the government. Agenda is...
It gives us immense pleasure in bringing the Inaugural Newsletter of PFM-KIN to you. PFM-KIN, a Community of Practice for PFM practitioners started a year back to provide a platform for knowledge exchange to its members, facilitating peer to peer learning. Over the last few months, the PFM-KIN team invested...
A One Page Report on the deliberations that took place during the PFM Round Table In New Delhi between May 9 - 10, 2019 is now available . The PFM Round Table was a technical deep dive where states discussed 'how' they were operationalising new systems in the areas of LoC discontinuation, e-submission of...
The PFM Round Table held in New Delhi on May 9 & 10, 2019 was a technical deep dive where states discussed 'how' they were operationalising new systems in the areas of LoC discontinuation, e-submission of accounts to AG, e-procurement and budget transparency. A high powered panel discussion on key matters...
Under the aegis of 'Lighthouse India', a PFM Round Table held on May 9 & 10, 2019 in New Delhi was attended by 8 states and representatives from the DEA, C&AG, CGA, NIC, GeM, IMF, ADB and the World BankThis was the first in a series of 'deep dive' technical sessions whose objective was to understand '...
Under the aegis of 'Lighthouse India', a PFM Round Table held on May 9 & 10, 2019 in New Delhi was attended by 8 states and representatives from the DEA, C&AG, CGA, NIC, GeM, IMF, ADB and the World BankThis was the first in a series of 'deep dive' technical sessions whose objective was to understand '...
Official Summary of the events that took place in the 2 day workshop in Jaipur in May 2018 on 'IFMIS and Beyond...'

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