Strategic Plan for Strengthening of Internal Audit in Government of Bihar
The Government of Bihar (GOB) has adopted various reform measures to modernize fiscal and financial management such as passing of the Fiscal Responsibility and Budget Management Act, adoption of Government of India's general financial rules an...
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| Format: | Accounting and Auditing Assessment (ROSC) |
| Language: | English en_US |
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Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2012/01/16361082/india-strategic-plan-strengthening-internal-audit-government-bihar http://hdl.handle.net/10986/12929 |
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okr-10986-129292021-04-23T14:03:02Z Strategic Plan for Strengthening of Internal Audit in Government of Bihar World Bank ACCOUNTANT ACCOUNTING AUDIT COMMITTEE AUDIT COMMITTEES AUDITOR GENERAL AUDITS CAPACITY BUILDING CHECKS CODE OF ETHICS COMPETENCY CONFIDENTIALITY CUSTODY DECENTRALIZATION DEPOSITS DISCUSSION DOCUMENTS DUE DILIGENCE EQUIPMENT ETHICAL VALUES EXISTING GOVERNMENT EXIT INTERVIEW EXPENDITURE EXPENDITURES EXPOSURE EXTERNAL ENVIRONMENTS FINANCIAL MANAGEMENT FINANCIAL RETURNS FINANCIAL SERVICE FINANCIAL STATEMENT FINANCIAL STATEMENTS FINANCIAL TRANSACTIONS FRAUD GOOD GOVERNANCE GOVERNMENT ACCOUNTS GOVERNMENT DEPARTMENT GOVERNMENT DEPARTMENTS GOVERNMENT RESOURCES GOVERNMENT SUPPORTS GOVERNMENTAL ORGANIZATION IDEA INFORMATION SYSTEMS INTEREST PAYMENTS INTERNAL AUDIT INTERNAL AUDITORS INTERNAL CONTROL INTERNAL CONTROL SYSTEM INTERNAL CONTROL SYSTEMS INTERNAL CONTROLS INTERNATIONAL BEST PRACTICES INTERNATIONAL ORGANIZATION INTERNATIONAL STANDARDS IRREGULARITIES ISSUANCE LEARNING LEGISLATIVE ASSEMBLY MATURITY MINISTER OPERATIONAL INDEPENDENCE ORGANIZATIONAL STRUCTURE OUTPUT OUTPUTS OUTSOURCING PHYSICAL ASSETS PUBLIC ACCOUNTS PUBLIC FUNDS PUBLIC SERVICE PUBLIC WORKS REGULATOR REGULATORY FUNCTION REMITTANCE RESERVE RESERVE FUNDS RETURN RISK MANAGEMENT SETTLEMENT SKILL SHORTAGES TREASURY VISION WARRANTS WORKFORCE The Government of Bihar (GOB) has adopted various reform measures to modernize fiscal and financial management such as passing of the Fiscal Responsibility and Budget Management Act, adoption of Government of India's general financial rules and decentralization of financial powers to respective departments with a view to increasing the pace of expenditure and implementation of plan schemes. However, for decentralization to be effective the supporting public financial management systems need to be also modernized. Accordingly, the Government had entrusted a project 'modernization of budget and financial rules and procedures' to Centre for Good Governance (CGG), Hyderabad. The project requires CGG to comprehensively revise the treasury code, financial rules and budget manual, and to provide a roadmap to modernize and strengthen internal audit function in the government. CGG has firstly studied the existing organization structure of the internal audit function in GOB, the skills and capacity of the internal audit staff, the working conditions in the main office and divisional offices, the perception of others about internal audit and so on. They have visited the main office in Patna and the divisional office in Gaya. After identifying the strengths and weaknesses of the system, a road map has been prepared for strengthening the internal audit in the government. 2013-03-26T16:47:58Z 2013-03-26T16:47:58Z 2012-01 http://documents.worldbank.org/curated/en/2012/01/16361082/india-strategic-plan-strengthening-internal-audit-government-bihar http://hdl.handle.net/10986/12929 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Accounting and Auditing Assessment (ROSC) Economic & Sector Work South Asia India |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCOUNTANT ACCOUNTING AUDIT COMMITTEE AUDIT COMMITTEES AUDITOR GENERAL AUDITS CAPACITY BUILDING CHECKS CODE OF ETHICS COMPETENCY CONFIDENTIALITY CUSTODY DECENTRALIZATION DEPOSITS DISCUSSION DOCUMENTS DUE DILIGENCE EQUIPMENT ETHICAL VALUES EXISTING GOVERNMENT EXIT INTERVIEW EXPENDITURE EXPENDITURES EXPOSURE EXTERNAL ENVIRONMENTS FINANCIAL MANAGEMENT FINANCIAL RETURNS FINANCIAL SERVICE FINANCIAL STATEMENT FINANCIAL STATEMENTS FINANCIAL TRANSACTIONS FRAUD GOOD GOVERNANCE GOVERNMENT ACCOUNTS GOVERNMENT DEPARTMENT GOVERNMENT DEPARTMENTS GOVERNMENT RESOURCES GOVERNMENT SUPPORTS GOVERNMENTAL ORGANIZATION IDEA INFORMATION SYSTEMS INTEREST PAYMENTS INTERNAL AUDIT INTERNAL AUDITORS INTERNAL CONTROL INTERNAL CONTROL SYSTEM INTERNAL CONTROL SYSTEMS INTERNAL CONTROLS INTERNATIONAL BEST PRACTICES INTERNATIONAL ORGANIZATION INTERNATIONAL STANDARDS IRREGULARITIES ISSUANCE LEARNING LEGISLATIVE ASSEMBLY MATURITY MINISTER OPERATIONAL INDEPENDENCE ORGANIZATIONAL STRUCTURE OUTPUT OUTPUTS OUTSOURCING PHYSICAL ASSETS PUBLIC ACCOUNTS PUBLIC FUNDS PUBLIC SERVICE PUBLIC WORKS REGULATOR REGULATORY FUNCTION REMITTANCE RESERVE RESERVE FUNDS RETURN RISK MANAGEMENT SETTLEMENT SKILL SHORTAGES TREASURY VISION WARRANTS WORKFORCE |
| spellingShingle |
ACCOUNTANT ACCOUNTING AUDIT COMMITTEE AUDIT COMMITTEES AUDITOR GENERAL AUDITS CAPACITY BUILDING CHECKS CODE OF ETHICS COMPETENCY CONFIDENTIALITY CUSTODY DECENTRALIZATION DEPOSITS DISCUSSION DOCUMENTS DUE DILIGENCE EQUIPMENT ETHICAL VALUES EXISTING GOVERNMENT EXIT INTERVIEW EXPENDITURE EXPENDITURES EXPOSURE EXTERNAL ENVIRONMENTS FINANCIAL MANAGEMENT FINANCIAL RETURNS FINANCIAL SERVICE FINANCIAL STATEMENT FINANCIAL STATEMENTS FINANCIAL TRANSACTIONS FRAUD GOOD GOVERNANCE GOVERNMENT ACCOUNTS GOVERNMENT DEPARTMENT GOVERNMENT DEPARTMENTS GOVERNMENT RESOURCES GOVERNMENT SUPPORTS GOVERNMENTAL ORGANIZATION IDEA INFORMATION SYSTEMS INTEREST PAYMENTS INTERNAL AUDIT INTERNAL AUDITORS INTERNAL CONTROL INTERNAL CONTROL SYSTEM INTERNAL CONTROL SYSTEMS INTERNAL CONTROLS INTERNATIONAL BEST PRACTICES INTERNATIONAL ORGANIZATION INTERNATIONAL STANDARDS IRREGULARITIES ISSUANCE LEARNING LEGISLATIVE ASSEMBLY MATURITY MINISTER OPERATIONAL INDEPENDENCE ORGANIZATIONAL STRUCTURE OUTPUT OUTPUTS OUTSOURCING PHYSICAL ASSETS PUBLIC ACCOUNTS PUBLIC FUNDS PUBLIC SERVICE PUBLIC WORKS REGULATOR REGULATORY FUNCTION REMITTANCE RESERVE RESERVE FUNDS RETURN RISK MANAGEMENT SETTLEMENT SKILL SHORTAGES TREASURY VISION WARRANTS WORKFORCE World Bank Strategic Plan for Strengthening of Internal Audit in Government of Bihar |
| geographic_facet |
South Asia India |
| description |
The Government of Bihar (GOB) has
adopted various reform measures to modernize fiscal and
financial management such as passing of the Fiscal
Responsibility and Budget Management Act, adoption of
Government of India's general financial rules and
decentralization of financial powers to respective
departments with a view to increasing the pace of
expenditure and implementation of plan schemes. However, for
decentralization to be effective the supporting public
financial management systems need to be also modernized.
Accordingly, the Government had entrusted a project
'modernization of budget and financial rules and
procedures' to Centre for Good Governance (CGG),
Hyderabad. The project requires CGG to comprehensively
revise the treasury code, financial rules and budget manual,
and to provide a roadmap to modernize and strengthen
internal audit function in the government. CGG has firstly
studied the existing organization structure of the internal
audit function in GOB, the skills and capacity of the
internal audit staff, the working conditions in the main
office and divisional offices, the perception of others
about internal audit and so on. They have visited the main
office in Patna and the divisional office in Gaya. After
identifying the strengths and weaknesses of the system, a
road map has been prepared for strengthening the internal
audit in the government. |
| format |
Economic & Sector Work :: Accounting and Auditing Assessment (ROSC) |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Strategic Plan for Strengthening of Internal Audit in Government of Bihar |
| title_short |
Strategic Plan for Strengthening of Internal Audit in Government of Bihar |
| title_full |
Strategic Plan for Strengthening of Internal Audit in Government of Bihar |
| title_fullStr |
Strategic Plan for Strengthening of Internal Audit in Government of Bihar |
| title_full_unstemmed |
Strategic Plan for Strengthening of Internal Audit in Government of Bihar |
| title_sort |
strategic plan for strengthening of internal audit in government of bihar |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2012/01/16361082/india-strategic-plan-strengthening-internal-audit-government-bihar http://hdl.handle.net/10986/12929 |
| _version_ |
1764420682222927872 |