Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
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        LATEST NEWS UPDATES | Need to overhaul government accounting norms, says CR Sundaramurti Committee report    </title>
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-The Economic Times


&nbsp;


A government-appointed committee has recommended a complete overhaul of government accounting norms with a view to enforcing transparency and better monitoring of public spending.&nbsp;





In its report submitted to finance minister Pranab Mukherjee, the C R Sundaramurti Committee has..."/>
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-The Economic Times


&nbsp;


A government-appointed committee has recommended a complete overhaul of government accounting norms with a view to enforcing transparency and better monitoring of public spending.&nbsp;





In its report submitted to finance minister Pranab Mukherjee, the C R Sundaramurti Committee has..." />
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                            <div style="text-align: justify">-The Economic Times</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">A government-appointed committee has recommended a complete overhaul of government accounting norms with a view to enforcing transparency and better monitoring of public spending.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In its report submitted to finance minister Pranab Mukherjee, the C R Sundaramurti Committee has suggested rationalisation and reorganisation of the existing account classification of list of major and minor heads of accounts (LMMHA) of centre and states.&quot;&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The proposed accounting classification structure will provide a foundation for a more robust public financial management which could be used for enforcing more transparency and effectiveness of Public delivery channels of the government,&quot; the finance ministry said in a statement.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">These heads indicate the accounting classification of receipts and disbursements and is prescribed under the Constitution and is maintained by the Controller General of Accounts (CGA)on the advice of the Comptroller and Auditor General of India (CAG).&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The panel has &quot;proposed a multidimensional classification framework which has seven mutually exclusive segments with their own individual hierarchical structures,&quot; the ministry said in a statement.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The revised accounting classification codes which are being perceived as a milestone in the area of accounting reforms are proposed to be implemented with effect from FY 2013-2014, it added.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The proposed classification structure provides for capturing expenditure on special thrust area of government policy objectives such as development of women, schedule castes, schedule tribes, below poverty line population.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;It would prove to be a very effective management tools to national and sub-national governments for better planning, allocation and application of resources, and more effective monitoring of public spending, it added.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The panel has also carried out standardisation of coding of all such entities which are recipient of public fund, as channels of public delivery.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">This would facilitate tracking of flow of funds under a government programme or scheme from one level of governance to another level of administrative entities, the ministry said.</div><div style="text-align: justify"><br /></div>                                                           
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        LATEST NEWS UPDATES | Need to overhaul government accounting norms, says CR Sundaramurti Committee report    </title>
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-The Economic Times


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A government-appointed committee has recommended a complete overhaul of government accounting norms with a view to enforcing transparency and better monitoring of public spending.&nbsp;





In its report submitted to finance minister Pranab Mukherjee, the C R Sundaramurti Committee has..."/>
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-The Economic Times


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A government-appointed committee has recommended a complete overhaul of government accounting norms with a view to enforcing transparency and better monitoring of public spending.&nbsp;





In its report submitted to finance minister Pranab Mukherjee, the C R Sundaramurti Committee has..." />
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    <h1 class="cat-box-title">Need to overhaul government accounting norms, says CR Sundaramurti Committee report</h1>
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                            <div style="text-align: justify">-The Economic Times</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">A government-appointed committee has recommended a complete overhaul of government accounting norms with a view to enforcing transparency and better monitoring of public spending.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In its report submitted to finance minister Pranab Mukherjee, the C R Sundaramurti Committee has suggested rationalisation and reorganisation of the existing account classification of list of major and minor heads of accounts (LMMHA) of centre and states.&quot;&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The proposed accounting classification structure will provide a foundation for a more robust public financial management which could be used for enforcing more transparency and effectiveness of Public delivery channels of the government,&quot; the finance ministry said in a statement.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">These heads indicate the accounting classification of receipts and disbursements and is prescribed under the Constitution and is maintained by the Controller General of Accounts (CGA)on the advice of the Comptroller and Auditor General of India (CAG).&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The panel has &quot;proposed a multidimensional classification framework which has seven mutually exclusive segments with their own individual hierarchical structures,&quot; the ministry said in a statement.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The revised accounting classification codes which are being perceived as a milestone in the area of accounting reforms are proposed to be implemented with effect from FY 2013-2014, it added.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The proposed classification structure provides for capturing expenditure on special thrust area of government policy objectives such as development of women, schedule castes, schedule tribes, below poverty line population.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;It would prove to be a very effective management tools to national and sub-national governments for better planning, allocation and application of resources, and more effective monitoring of public spending, it added.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The panel has also carried out standardisation of coding of all such entities which are recipient of public fund, as channels of public delivery.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">This would facilitate tracking of flow of funds under a government programme or scheme from one level of governance to another level of administrative entities, the ministry said.</div><div style="text-align: justify"><br /></div>                                                           
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        LATEST NEWS UPDATES | Need to overhaul government accounting norms, says CR Sundaramurti Committee report    </title>
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-The Economic Times


&nbsp;


A government-appointed committee has recommended a complete overhaul of government accounting norms with a view to enforcing transparency and better monitoring of public spending.&nbsp;





In its report submitted to finance minister Pranab Mukherjee, the C R Sundaramurti Committee has..."/>
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-The Economic Times


&nbsp;


A government-appointed committee has recommended a complete overhaul of government accounting norms with a view to enforcing transparency and better monitoring of public spending.&nbsp;





In its report submitted to finance minister Pranab Mukherjee, the C R Sundaramurti Committee has..." />
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    <h1 class="cat-box-title">Need to overhaul government accounting norms, says CR Sundaramurti Committee report</h1>
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                            <div style="text-align: justify">-The Economic Times</div><div style="text-align: justify">&nbsp;</div><div style="text-align: justify">A government-appointed committee has recommended a complete overhaul of government accounting norms with a view to enforcing transparency and better monitoring of public spending.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In its report submitted to finance minister Pranab Mukherjee, the C R Sundaramurti Committee has suggested rationalisation and reorganisation of the existing account classification of list of major and minor heads of accounts (LMMHA) of centre and states.&quot;&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The proposed accounting classification structure will provide a foundation for a more robust public financial management which could be used for enforcing more transparency and effectiveness of Public delivery channels of the government,&quot; the finance ministry said in a statement.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">These heads indicate the accounting classification of receipts and disbursements and is prescribed under the Constitution and is maintained by the Controller General of Accounts (CGA)on the advice of the Comptroller and Auditor General of India (CAG).&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The panel has &quot;proposed a multidimensional classification framework which has seven mutually exclusive segments with their own individual hierarchical structures,&quot; the ministry said in a statement.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The revised accounting classification codes which are being perceived as a milestone in the area of accounting reforms are proposed to be implemented with effect from FY 2013-2014, it added.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The proposed classification structure provides for capturing expenditure on special thrust area of government policy objectives such as development of women, schedule castes, schedule tribes, below poverty line population.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;It would prove to be a very effective management tools to national and sub-national governments for better planning, allocation and application of resources, and more effective monitoring of public spending, it added.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The panel has also carried out standardisation of coding of all such entities which are recipient of public fund, as channels of public delivery.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">This would facilitate tracking of flow of funds under a government programme or scheme from one level of governance to another level of administrative entities, the ministry said.</div><div style="text-align: justify"><br /></div>                                                           
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Need to overhaul government accounting norms, says CR Sundaramurti Committee report

Published on Jan 27, 2012   Modified on Jan 27, 2012

-The Economic Times   A government-appointed committee has recommended a complete overhaul of government accounting norms with a view to enforcing transparency and better monitoring of public spending.  In its report submitted to finance minister Pranab Mukherjee, the C R Sundaramurti Committee has suggested rationalisation and reorganisation of the existing account classification of list of major and minor heads of accounts (LMMHA) of centre and states."  The proposed accounting classification structure will provide a foundation for a more robust public financial management which could be used for enforcing more transparency and effectiveness of Public delivery channels of the government," the finance ministry said in a statement.  These heads indicate the accounting classification of receipts and disbursements and is prescribed under the Constitution and is maintained by the Controller General of Accounts (CGA)on the advice of the Comptroller and Auditor General of India (CAG).  The panel has "proposed a multidimensional classification framework which has seven mutually exclusive segments with their own individual hierarchical structures," the ministry said in a statement.  The revised accounting classification codes which are being perceived as a milestone in the area of accounting reforms are proposed to be implemented with effect from FY 2013-2014, it added.  The proposed classification structure provides for capturing expenditure on special thrust area of government policy objectives such as development of women, schedule castes, schedule tribes, below poverty line population.  "It would prove to be a very effective management tools to national and sub-national governments for better planning, allocation and application of resources, and more effective monitoring of public spending, it added.  The panel has also carried out standardisation of coding of all such entities which are recipient of public fund, as channels of public delivery.  This would facilitate tracking of flow of funds under a government programme or scheme from one level of governance to another level of administrative entities, the ministry said.

The Economic Times, 27 January, 2012, http://economictimes.indiatimes.com/news/economy/policy/need-to-overhaul-government-accounting-norms-says-cr-sundaramurti-committee-report/articleshow/11643899.cm

Tagged with: transparency Governance

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