India : Note on Financial Accountability Systems of Selected State Level Power Sector Entities
This study on financial accountability systems of selected state level power sector entities for India examines and highlights systemic issues of accounting, financial reporting, auditing, disclosure practices as well as capacity and policy gaps in...
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| Format: | Policy Note |
| Language: | English en_US |
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Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2006/06/7285697/india-note-financial-accountability-systems-selected-state-level-power-sector-entities http://hdl.handle.net/10986/19444 |
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okr-10986-194442021-04-23T14:03:46Z India : Note on Financial Accountability Systems of Selected State Level Power Sector Entities World Bank ACCOUNT ACCOUNTABILITY ACCOUNTANTS ACCOUNTING ACCOUNTING POLICIES ACCOUNTING PRACTICES ACCOUNTING PRINCIPLES ACCOUNTING STANDARDS ACCOUNTS AUDIT COMMITTEES AUDIT REPORTS AUDITED ACCOUNTS AUDITED FINANCIAL STATEMENTS AUDITING AUDITING PROFESSION AUDITING STANDARDS AUDITORS REPORTS AUDITS AUTHORITY CADRES CENTRAL GOVERNMENT CENTRAL GOVERNMENTS CONSENSUS CORPORATE GOVERNANCE CUSTOMER SERVICE DECISION MAKING DECISION-MAKING DEPRECIATION DISCLOSURE ELECTRICITY FINANCIAL ACCOUNTABILITY FINANCIAL ACCOUNTING FINANCIAL CONTROL FINANCIAL DISCIPLINE FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL PERFORMANCE FINANCIAL POLICIES FINANCIAL REPORTING FINANCIAL STATEMENTS FISCAL SITUATION GENERALLY ACCEPTED ACCOUNTING PRINCIPLES GOVERNMENT COMPANY GOVERNMENT DEPARTMENTS GOVERNMENT LEVEL GOVERNMENT RESOURCES GOVERNMENT SUBSIDY HUMAN RESOURCE HUMAN RESOURCE MANAGEMENT HUMAN RESOURCES INSTITUTIONAL CAPACITY INSTITUTIONAL FRAMEWORK INSTITUTIONAL REFORMS INTEREST COSTS INTERNAL AUDIT INTERNAL AUDIT FUNCTION INTERNAL AUDITING INTERNAL AUDITORS LEGISLATION LEGISLATIVE ACTS LICENSES OVERHEAD POLITICAL INTERFERENCE PRIVATE SECTOR PROCUREMENT PROVISIONING PROVISIONS PUBLIC PUBLIC FUNDS PUBLIC INVESTMENT PUBLIC SECTOR PUBLIC SERVICE REGULATORY REQUIREMENTS REPORTING STATE GOVERNMENT STATE POWER STATE SUBSIDIES STATUTORY AUDITORS STREETS TRANSPARENCY UTILITIES This study on financial accountability systems of selected state level power sector entities for India examines and highlights systemic issues of accounting, financial reporting, auditing, disclosure practices as well as capacity and policy gaps in state power sector entities. Sustainable recommendations have been developed to remove roadblocks and strengthen financial management, reporting and disclosure practices. Review and analysis of public material, financial statements, surveys and discussions with stakeholders have been used to understand operational practices and to report on the level of subsidies and return on investment. Finally, the study focuses on consensus building with stakeholders on key issues and solutions. The purpose of the recommendations is to advise the Bank and stakeholders, feeding into the Country Assistance Strategy (CAS), on the quality of corporate governance, reporting and management answerability for public investment ' in the power sector. 2014-08-19T18:37:35Z 2014-08-19T18:37:35Z 2006-06 http://documents.worldbank.org/curated/en/2006/06/7285697/india-note-financial-accountability-systems-selected-state-level-power-sector-entities http://hdl.handle.net/10986/19444 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work :: Policy Note 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 |
ACCOUNT ACCOUNTABILITY ACCOUNTANTS ACCOUNTING ACCOUNTING POLICIES ACCOUNTING PRACTICES ACCOUNTING PRINCIPLES ACCOUNTING STANDARDS ACCOUNTS AUDIT COMMITTEES AUDIT REPORTS AUDITED ACCOUNTS AUDITED FINANCIAL STATEMENTS AUDITING AUDITING PROFESSION AUDITING STANDARDS AUDITORS REPORTS AUDITS AUTHORITY CADRES CENTRAL GOVERNMENT CENTRAL GOVERNMENTS CONSENSUS CORPORATE GOVERNANCE CUSTOMER SERVICE DECISION MAKING DECISION-MAKING DEPRECIATION DISCLOSURE ELECTRICITY FINANCIAL ACCOUNTABILITY FINANCIAL ACCOUNTING FINANCIAL CONTROL FINANCIAL DISCIPLINE FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL PERFORMANCE FINANCIAL POLICIES FINANCIAL REPORTING FINANCIAL STATEMENTS FISCAL SITUATION GENERALLY ACCEPTED ACCOUNTING PRINCIPLES GOVERNMENT COMPANY GOVERNMENT DEPARTMENTS GOVERNMENT LEVEL GOVERNMENT RESOURCES GOVERNMENT SUBSIDY HUMAN RESOURCE HUMAN RESOURCE MANAGEMENT HUMAN RESOURCES INSTITUTIONAL CAPACITY INSTITUTIONAL FRAMEWORK INSTITUTIONAL REFORMS INTEREST COSTS INTERNAL AUDIT INTERNAL AUDIT FUNCTION INTERNAL AUDITING INTERNAL AUDITORS LEGISLATION LEGISLATIVE ACTS LICENSES OVERHEAD POLITICAL INTERFERENCE PRIVATE SECTOR PROCUREMENT PROVISIONING PROVISIONS PUBLIC PUBLIC FUNDS PUBLIC INVESTMENT PUBLIC SECTOR PUBLIC SERVICE REGULATORY REQUIREMENTS REPORTING STATE GOVERNMENT STATE POWER STATE SUBSIDIES STATUTORY AUDITORS STREETS TRANSPARENCY UTILITIES |
| spellingShingle |
ACCOUNT ACCOUNTABILITY ACCOUNTANTS ACCOUNTING ACCOUNTING POLICIES ACCOUNTING PRACTICES ACCOUNTING PRINCIPLES ACCOUNTING STANDARDS ACCOUNTS AUDIT COMMITTEES AUDIT REPORTS AUDITED ACCOUNTS AUDITED FINANCIAL STATEMENTS AUDITING AUDITING PROFESSION AUDITING STANDARDS AUDITORS REPORTS AUDITS AUTHORITY CADRES CENTRAL GOVERNMENT CENTRAL GOVERNMENTS CONSENSUS CORPORATE GOVERNANCE CUSTOMER SERVICE DECISION MAKING DECISION-MAKING DEPRECIATION DISCLOSURE ELECTRICITY FINANCIAL ACCOUNTABILITY FINANCIAL ACCOUNTING FINANCIAL CONTROL FINANCIAL DISCIPLINE FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL PERFORMANCE FINANCIAL POLICIES FINANCIAL REPORTING FINANCIAL STATEMENTS FISCAL SITUATION GENERALLY ACCEPTED ACCOUNTING PRINCIPLES GOVERNMENT COMPANY GOVERNMENT DEPARTMENTS GOVERNMENT LEVEL GOVERNMENT RESOURCES GOVERNMENT SUBSIDY HUMAN RESOURCE HUMAN RESOURCE MANAGEMENT HUMAN RESOURCES INSTITUTIONAL CAPACITY INSTITUTIONAL FRAMEWORK INSTITUTIONAL REFORMS INTEREST COSTS INTERNAL AUDIT INTERNAL AUDIT FUNCTION INTERNAL AUDITING INTERNAL AUDITORS LEGISLATION LEGISLATIVE ACTS LICENSES OVERHEAD POLITICAL INTERFERENCE PRIVATE SECTOR PROCUREMENT PROVISIONING PROVISIONS PUBLIC PUBLIC FUNDS PUBLIC INVESTMENT PUBLIC SECTOR PUBLIC SERVICE REGULATORY REQUIREMENTS REPORTING STATE GOVERNMENT STATE POWER STATE SUBSIDIES STATUTORY AUDITORS STREETS TRANSPARENCY UTILITIES World Bank India : Note on Financial Accountability Systems of Selected State Level Power Sector Entities |
| geographic_facet |
South Asia India |
| description |
This study on financial accountability
systems of selected state level power sector entities for
India examines and highlights systemic issues of accounting,
financial reporting, auditing, disclosure practices as well
as capacity and policy gaps in state power sector entities.
Sustainable recommendations have been developed to remove
roadblocks and strengthen financial management, reporting
and disclosure practices. Review and analysis of public
material, financial statements, surveys and discussions with
stakeholders have been used to understand operational
practices and to report on the level of subsidies and return
on investment. Finally, the study focuses on consensus
building with stakeholders on key issues and solutions. The
purpose of the recommendations is to advise the Bank and
stakeholders, feeding into the Country Assistance Strategy
(CAS), on the quality of corporate governance, reporting and
management answerability for public investment ' in the
power sector. |
| format |
Economic & Sector Work :: Policy Note |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
India : Note on Financial Accountability Systems of Selected State Level Power Sector Entities |
| title_short |
India : Note on Financial Accountability Systems of Selected State Level Power Sector Entities |
| title_full |
India : Note on Financial Accountability Systems of Selected State Level Power Sector Entities |
| title_fullStr |
India : Note on Financial Accountability Systems of Selected State Level Power Sector Entities |
| title_full_unstemmed |
India : Note on Financial Accountability Systems of Selected State Level Power Sector Entities |
| title_sort |
india : note on financial accountability systems of selected state level power sector entities |
| publisher |
Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2006/06/7285697/india-note-financial-accountability-systems-selected-state-level-power-sector-entities http://hdl.handle.net/10986/19444 |
| _version_ |
1764441306791149568 |