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Useful information shared by Irani Sarosh.
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Subject: Draft Framework for audit of Gram Panchayat accounts by CAs
Dear Convenors / Dy. Convenors,
Our study circle founder member, Arun Anandagiri and myself had the opportunity to meet the Union Minister for Rural Development, Shri Jairam Ramesh on Tuesday in New Delhi.
During the course of our meeting he discussed the important role that Chartered Accountants could play in proper implementation of one of the flagship schemes of the Government - National Rural Employment Guarantee Scheme (NREGA). He shared with us the draft framework that is being put into place for audits to be conducted by CA's to enforce transparency and accountability at the gram panchayat level in regard to the MGNREGA expenditures, that run into lakhs of crores of rupees. The selection of CA's for this initiative is supposed to be completed before March 2013. Further the CA's are supposed to commence the certification process from May 2013 and submit all the Reports by end July 2013. The indicative check list of the audit and the Certificate format is attached herewith.
We are of the opinion that our profession should rise to this challenge and truly show that we are "Partners in National Building." Hope you find the same useful and circulate it among members at large.
Regards,
Irani Sarosh.
Our study circle founder member, Arun Anandagiri and myself had the opportunity to meet the Union Minister for Rural Development, Shri Jairam Ramesh on Tuesday in New Delhi.
During the course of our meeting he discussed the important role that Chartered Accountants could play in proper implementation of one of the flagship schemes of the Government - National Rural Employment Guarantee Scheme (NREGA). He shared with us the draft framework that is being put into place for audits to be conducted by CA's to enforce transparency and accountability at the gram panchayat level in regard to the MGNREGA expenditures, that run into lakhs of crores of rupees. The selection of CA's for this initiative is supposed to be completed before March 2013. Further the CA's are supposed to commence the certification process from May 2013 and submit all the Reports by end July 2013. The indicative check list of the audit and the Certificate format is attached herewith.
We are of the opinion that our profession should rise to this challenge and truly show that we are "Partners in National Building." Hope you find the same useful and circulate it among members at large.
Regards,
Irani Sarosh.
Dy. Convenor
Pune West Study Circle
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Please visit the blog of IndianCAs and Express yourself by writing your comments by clicking on the link below:
http://indiancas.blogspot.com/
***************************************************************************
Hi! I have created an sms group for the benefit of members of IndianCAs. I will be sending regular updates, good quotes.If you wish to subscribe to this group, send following sms to 9870807070
ON IndianCAs
You will receive an sms from group. Just reply the message by writing:
Agree
And you will be the member of my SMS group IndianCAs.You can unsubscribe at any point of time by sendin an sms Off IndianCAs. There is no charge for receiving sms. So let's Go Mobile.
*************************************************************************
Note: All messages posted by members including me on this group are sent in their personal capacity. No official position held anywhere by them have nothing to do with this email group. The group does not accept any responsibility with regards to accuracy or the mistakes in the material circulated on this group. Please confirm from your independent source before using the information or material posted on this group.
*************************************************************************
Further, your attention is invited:
The messages on this group are approved only when the moderator finds it of immense importance to the members at general, otherwise, this group is not used for discussion or as discussion forum.
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