• Photograph taken during the Webinar on 'Strengthening Accounting at Local Self Government' held on 2nd May, 2024 organised jointly by CPGFM and BLoAC featuring esteemed leaders: CA. Ranjeet Kumar Agarwal, Hon’ble President-ICAI, CA. Charanjot Singh Nanda, Hon’ble Vice President, ICAI, Ms. Yashodhara Ray Chaudhuri, IA&AS, ADAI-C&AG, CA. Kemisha Soni, Chairperson, CPGFM, CA. Prasanna Kumar D., Vice Chairperson, CPGFM, Ms. Meenakshi Sharma, IA&AS, Former Dy. CAG, Dr. Chandra Shekhar, IAS, Addl. Secy, MoPR and Sh. Neeraj Kumar Sharma, Controller of Accounts, MoRD & MoPR.

    Photograph taken during the Webinar on 'Strengthening Accounting at Local Self Government' held on 2nd May, 2024 organised jointly by CPGFM and BLoAC featuring esteemed leaders: CA. Ranjeet Kumar Agarwal, Hon’ble President-ICAI, CA. Charanjot Singh Nanda, Hon’ble Vice President, ICAI, Ms. Yashodhara Ray Chaudhuri, IA&AS, ADAI-C&AG, CA. Kemisha Soni, Chairperson, CPGFM, CA. Prasanna Kumar D., Vice Chairperson, CPGFM, Ms. Meenakshi Sharma, IA&AS, Former Dy. CAG, Dr. Chandra Shekhar, IAS, Addl. Secy, MoPR and Sh. Neeraj Kumar Sharma, Controller of Accounts, MoRD & MoPR.

  • CA Kemisha Soni, Chairperson  CPGFM met Sh. Ajeet Kesari, Addl. Chief Secretary,Finance Dept., Madhya Pradesh to discuss collaborative initiatives for capacity building of their officials and avenues for propagating Certificate Course for Accountants of Panchayats & Municipal Bodies.

    CA Kemisha Soni, Chairperson CPGFM met Sh. Ajeet Kesari, Addl. Chief Secretary,Finance Dept., Madhya Pradesh to discuss collaborative initiatives for capacity building of their officials and avenues for propagating Certificate Course for Accountants of Panchayats & Municipal Bodies.

  • Chairperson and Vice-Chairperson, CPGFM met Ms. Arti Kanwar, IAS, Secretary, Economic Affairs, Finance Department, Gujarat on July 31, 2023 to discuss the status of accounting in Gujarat and support them in their capacity building initiatives.

    Chairperson and Vice-Chairperson, CPGFM met Ms. Arti Kanwar, IAS, Secretary, Economic Affairs, Finance Department, Gujarat on July 31, 2023 to discuss the status of accounting in Gujarat and support them in their capacity building initiatives.

  • Chairperson, Vice-Chairperson, CPGFM, CA Purushottamlal Khandelwal, CCM & member of CPGFM alongwith Chairperson & Secretary of ICAI Ahmedabad Branch met Ms. Manisha Chandra, IAS, Commissioner & Secretary (Rural Development),Gujarat on July 31, 2023 to discuss accounting of RD schemes in Gujarat.

    Chairperson, Vice-Chairperson, CPGFM, CA Purushottamlal Khandelwal, CCM & member of CPGFM alongwith Chairperson & Secretary of ICAI Ahmedabad Branch met Ms. Manisha Chandra, IAS, Commissioner & Secretary (Rural Development),Gujarat on July 31, 2023 to discuss accounting of RD schemes in Gujarat.

  • Chairperson, Vice-Chairperson, CPGFM, CA Purushottamlal Khandelwal, CCM & member of CPGFM alongwith Chairperson & Secretary of ICAI Ahmedabad Branch met Sh. Sandeep Kumar, IAS, Devlopment Commissioner, Panchayat Department, Gujarat on July 31, 2023 to discuss status of accounting in Gujarat RLBs.

    Chairperson, Vice-Chairperson, CPGFM, CA Purushottamlal Khandelwal, CCM & member of CPGFM alongwith Chairperson & Secretary of ICAI Ahmedabad Branch met Sh. Sandeep Kumar, IAS, Devlopment Commissioner, Panchayat Department, Gujarat on July 31, 2023 to discuss status of accounting in Gujarat RLBs.

  • Chairperson & Vice-Chairperson, CPGFM along with Chairperson of Bhilai & Raipur Branch met Dr. Tamboli Ayyaz Fakir Bhai (IAS), Special Secretary, UA&DD, Chhattisgarh on July 11, 2023 to discuss measures to improve accounting in ULBs of Chhattisgarh.

    Chairperson & Vice-Chairperson, CPGFM along with Chairperson of Bhilai & Raipur Branch met Dr. Tamboli Ayyaz Fakir Bhai (IAS), Special Secretary, UA&DD, Chhattisgarh on July 11, 2023 to discuss measures to improve accounting in ULBs of Chhattisgarh.

  • Memorandum of Understanding (MoU) signed with Project Management Unit, Uttarakhand Public Financial Management Strengthening Project (PMU - UKPFMS) on July 7, 2023

    Memorandum of Understanding (MoU) signed with Project Management Unit, Uttarakhand Public Financial Management Strengthening Project (PMU - UKPFMS) on July 7, 2023

  • Memorandum of Understanding (MoU) signed with Treasuries & Accounts Department, Government of  Tamil Nadu on December 20, 2022 at Chennai.

    Memorandum of Understanding (MoU) signed with Treasuries & Accounts Department, Government of Tamil Nadu on December 20, 2022 at Chennai.

  • Meeting held with Shri Ashutosh Sharma, Director General, O/o C&AG on 21st April, 2023 to discuss accounting and auditing of Panchayati Raj Institutions in India. Seen in the pic (L to R): CA. Prasanna Kumar D, Vice- Chairperson, CP&GFM, CA. Kemisha Soni, Chairperson, CP&GFM and Shri Asutosh Sharma, Director General, C&AG

    Meeting held with Shri Ashutosh Sharma, Director General, O/o C&AG on 21st April, 2023 to discuss accounting and auditing of Panchayati Raj Institutions in India. Seen in the pic (L to R): CA. Prasanna Kumar D, Vice- Chairperson, CP&GFM, CA. Kemisha Soni, Chairperson, CP&GFM and Shri Asutosh Sharma, Director General, C&AG

  • Meeting held with Shri Subir Mallick, ADAI (Local Bodies), O/o CAG of India on 22nd March, 2023 to discuss matters of mutual professional interest <br> Seen in the Pic (L to R):  CA. Prasanna Kumar D, Vice-Chairperson CP&GFM, Shri Subir Mallick, ADAI (Local Bodies), CA. Kemisha Soni, Chairperson, CP&GFM,

    Meeting held with Shri Subir Mallick, ADAI (Local Bodies), O/o CAG of India on 22nd March, 2023 to discuss matters of mutual professional interest
    Seen in the Pic (L to R): CA. Prasanna Kumar D, Vice-Chairperson CP&GFM, Shri Subir Mallick, ADAI (Local Bodies), CA. Kemisha Soni, Chairperson, CP&GFM,

  • Meeting held with Shri (CA) R M Johri, ADAI - Government Accounting Standards Advisory Board (GASAB) on 22nd March, 2023 to discuss matters of mutual professional interest.  Seen in the Pic (L to R): CA. Prasanna Kumar D, Vice-Chairperson CP&GFM, Shri (CA) R M Johri, ADAI (GASAB) and CA. Kemisha Soni, Chairperson, CP&GFM,

    Meeting held with Shri (CA) R M Johri, ADAI - Government Accounting Standards Advisory Board (GASAB) on 22nd March, 2023 to discuss matters of mutual professional interest. Seen in the Pic (L to R): CA. Prasanna Kumar D, Vice-Chairperson CP&GFM, Shri (CA) R M Johri, ADAI (GASAB) and CA. Kemisha Soni, Chairperson, CP&GFM,

  • CA. Kemisha Soni, Chairperson, CP&GFM and CA. Prasanna Kumar D, Vice-Chairperson CP&GFM in a meeting with Ms. D Thara, Additional Secretary, Ministry of Housing and Urban Affairs, Government of India on 20th March, 2023.

    CA. Kemisha Soni, Chairperson, CP&GFM and CA. Prasanna Kumar D, Vice-Chairperson CP&GFM in a meeting with Ms. D Thara, Additional Secretary, Ministry of Housing and Urban Affairs, Government of India on 20th March, 2023.

  • CA. Rohit Ruwatia, CCM & member of CP&GFM in meeting with Sh. Naveen Jain, IAS, Secretary, Panchayati Raj, Rajasthan Government on November 15, 2022.

    CA. Rohit Ruwatia, CCM & member of CP&GFM in meeting with Sh. Naveen Jain, IAS, Secretary, Panchayati Raj, Rajasthan Government on November 15, 2022.

  • CA. Rohit Ruwatia, CCM & member of CP&GFM in meeting with Sh. Joga Ram, IAS, Secretary, Department of Local Self Government on on November 15, 2022.

    CA. Rohit Ruwatia, CCM & member of CP&GFM in meeting with Sh. Joga Ram, IAS, Secretary, Department of Local Self Government on on November 15, 2022.

  •  CA. Rohit Ruwatia, CCM & member of CP&GFM in Courtesy meeting with Sh. Kunji Lal Meena, IAS, Principal Secretary, Urban development and housing department, Rajasthan Government on November 15, 2022.

    CA. Rohit Ruwatia, CCM & member of CP&GFM in Courtesy meeting with Sh. Kunji Lal Meena, IAS, Principal Secretary, Urban development and housing department, Rajasthan Government on November 15, 2022.

  • CA. Rohit Ruwatia, CCM & member of CP&GFM in Courtesy meeting with Sh. Devkinandan ji, RAS, Panchayati Raj department, Rajasthan Government on November 15, 2022.

    CA. Rohit Ruwatia, CCM & member of CP&GFM in Courtesy meeting with Sh. Devkinandan ji, RAS, Panchayati Raj department, Rajasthan Government on November 15, 2022.

  • Chairperson, CP&GFM, in meeting with Ms. Leena Johri, Additional Secretary & Financial Advisor, Ministry of Rural Development (MoRD) and Sh. R D Chouhan, CCA, MoRD on 6th May 2022.

    Chairperson, CP&GFM, in meeting with Ms. Leena Johri, Additional Secretary & Financial Advisor, Ministry of Rural Development (MoRD) and Sh. R D Chouhan, CCA, MoRD on 6th May 2022.

  • Chairperson, CP&GFM, in meeting with Dr. Chandra Shekhar Kumar, IAS, Additional Secretary, Ministry of Panchayati Raj (MoPR) on 26th April, 2022.

    Chairperson, CP&GFM, in meeting with Dr. Chandra Shekhar Kumar, IAS, Additional Secretary, Ministry of Panchayati Raj (MoPR) on 26th April, 2022.

  • Chairperson, CP&GFM, in meeting with Mr. K Srinivasan, Dy. CAG (Govt. Accounts) and Chairperson GASAB on 22nd April, 2022.

    Chairperson, CP&GFM, in meeting with Mr. K Srinivasan, Dy. CAG (Govt. Accounts) and Chairperson GASAB on 22nd April, 2022.

  •  Virtual ceremony of MoU signing with NIRD&PR on March 24, 2022.

    Virtual ceremony of MoU signing with NIRD&PR on March 24, 2022.

Overview

The Institute of Chartered Accountants of India (ICAI), established by an Act of Parliament in 1949 has proven its mark as an elite world class institution devoted to uphold the values of transparency, accountability and integrity.

The Institute, functions under the administrative control of the Ministry of Corporate Affairs, Government of India.

Certificate Course

The Certificate Course on Public Finance and Government Accounting intends to equip the participants with understanding of the economic policies of the Government, Budgets, Fiscal tools, Government Grants, Public Funds, Rules, Regulations and Accounting Systems pertaining to Government departments/ Institutions of Centre, State and local bodies through case studies, lectures and peer discussions.

Publications

The Committee from time to time issues publications on various technical subjects for the benefits of various stakeholders. Till date, the Committee has issued several publications i.e., Compendium of ASLBs (Vol. I & II), ASLBs – At a Glance, Guidance Note on ‘Accounting for Investments’ for Local Bodies, Role of Professional Accountants in PFM, Status Paper on Accounting Reforms in LBs in India..

Representations

The Committee on Public & Government Financial Management (CP&GFM) strives to assist Government Sector in successful implementation of the accounting reforms and public financial management.

For this purpose, the Committee from time to time submits various representations to Government for…,

Accounting Standards for Local Bodies (ASLBs)

ICAI through the Committee on Public and Government Financial Management (CP&GFM) is formulating Accounting Standards for Local Bodies (ASLBs).

ASLBs set out recognition, measurement, presentation and disclosure requirements dealing with specific transactions and events in general purpose financial statements of LBs.

Testimonials

  • R

    Rajendra Kumar

     

    “ @icai. I must thank Mr. Shabi Sharma for his relentless support to help me achieve this. I also help all those people who worked behind the curtain to provide the technical support. Also I must mention the public finance committee of the ICAI for launching this course who worked really hard to make this happen Also thanking the eminent faculties for sharing their rich knowledge.”

  • T

    TK Lamba

     

    “ Thanks to faculty for the learning I feel proud to learn about the Govt Accounting and Finance Management.”

  • V

    CA Varun Sharma

     

    “ Thanks @Shabi Sharma for providing every assistance and guidance. You are such a wonderful person who is helping and giving quick response without any problem.”

  • D

    CA Durgesh Purohit

     

    “ Thanks @Shabi Sharma
    You were very helpful and responsive in entire duration of this course. I really appreciate it.”

  • R

    CA Rajkumar

     

    “ It is really very nice course, in fact it should be part of our syllabus, sine many years we are watching the budget but beyond the tax proposal never given thought, this course has given different angle to see it. Thanks ICAI”

  • A

    Anup Vittal
     

    “Thanks to Shabi Sharma Sir for coordinating the course and all the help navigating online.
    Thanks to all the faculty for their lectures, guidance and sharing of their immense knowledge.”

  • S

    CA. Sonu Kumar Jaiswal
     

    “Thanks to the entire team of ICAI for helping us improving our knowledge in this field..
    Enjoyed and learnt a lot from this course.
    Thanks to all our batch mates also, any sort of professional assistance or engagement is always welcome..”

  • G

    Gangaram, CVN
     

    “Thanks to all for very nice cooperation and special thanks to Shabi sir for his excellent coordination from the day 1 of class and very helpful nature for replying the questions to all of us. Once again thank u very much, sir”

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Committee on Public & Government Financial Management

The Institute of Chartered Accountants of India
ICAI Bhawan, Plot No. A-29, Sector-62
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cpf[dot]aslb[at]icai[dot]in

https://cpgfm.icai.org

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Secretary to the Committee: Ms. Seema Gerotra