The Institute of Chartered Accountants of India ( ICAI ) has initiated talks amongst stakeholders to catalyse Government Accounting Reforms.
Recently, ICAI organised a National Summit on “Transparency and Accountability in Government Financial Management” in New Delhi. The Summit was inaugurated by Sadhvi Niranjan Jyoti, Hon’ble Minister of State for Rural Development in the presence of Shri S.S. Dubey, Joint Secretary and Financial Advisor, Ministry of Housing and Urban Development, Vice-President, ICAI, Chairman and Vice-Chairman of the Committee on Public and Government Financial Management, ICAI.
The Hon’ble Minister acknowledged the efforts of Chartered Accountants in maintaining the financial health of the nation, expected that all stakeholders, once brought together through this Summit, will work in tandem to give momentum to the accounting reforms in the Government. Shri S.S. Dubey, JS & FA, MoHUA mentioned that the Ministry would like to work in close partnership with ICAI to facilitate, promote and encourage Urban Local bodies to move towards accrual accounting.
The two days Summit was addressed by senior Government officials including many IAS, IA&AS, ICAS officers and professionals. The Summit witnessed the participation of government officials from more than 20 States and Union Territories.
