Tribune News Service

Chandigarh, February 4

A 4-day defence financial management course to acquaint officers of the Defence Accounts Department with defence budgeting, role of the Defence Ministry’s Finance Department, role of integrated financial advisor and basic working knowledge of the finance and accounting procedures began here today.

The event was inaugurated by Navneet Verma, Principal Controller of Defence Accounts (Border Roads). Anil Kumar, Additional Director General, Border Roads (North-West), Chandigarh, and other officers of the Defence Accounts Department and the Border Roads Organisation were also present.

As many as 24 officers of the north-west region comprising Ladakh, Srinagar, Jammu, Shimla, Manali, Pithoragarh, Rishikesh, Bikaner and Jaisalmar are attending the course. The scope of the training programme covers government financial system, budgetary process and control mechanisms from macro down to the micro levels. The team of faculty consists of senior-level officers from the Indian Defence Accounts Service and the Services.

The objectives of the programme is to make the participants understand the importance of financial management in defence services, acquaint them with the basic procedure of budget formulation and monitoring mechanisms and familiarise them with departmental organisation. Contractual procedures and obligations, budget, compilations, audit taxation and e-payments are also part of the programme.