Committees
Public and Government Financial Management Committee
Committee content below is fetched from the commitee_layout table and grouped by linked committee posts.
Public and Government Financial Management Committee
Chairman, Public and Government Financial Management Committee
CA. Hans Raj Chugh
Vice-Chairman, Public and Government Financial Management Committee
CA. Arpit Jagdish Kabra
About Committee on Public & Government Financial Management (CP&GFM)
| CP&GFM Portal - https://cpgfm.icai.org |
| Public financial management is central to the growth of an economy as it is essential to deliver sustainable and high quality public services. In India, public financial management reforms have evolved over decades, however, the fundamental changes are yet to be achieved. Since the quality of financial statements impacts the quality of various finance related decisions, financial reporting is considered as vital ingredient of public financial management. Improved financial reporting is also important from the accountability perspective. ICAI keeping its mission and vision in mind has constituted the Committee on Public and Government Financial Management (CP&GFM) which strives to assist Central & State Governments and Local Bodies in successful implementation of the accounting reforms and public finance management. This is an initiative of ICAI to meet its social obligations by providing professional services of CAs beyond corporate sector and to the public at large, by being true to its role of being a partner in nation building. The Committee primarily focuses on capacity building of the finance officials of various tiers of Government in India by various means such as organizing workshops, developing relevant e-training modules, etc. apart from formulating Accounting Standards for Local Bodies (ASLBs) |
| Mission and Vision |
Terms of Reference
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To conceive of and suggest areas in which Accounting Standards for Local Bodies need to be developed and formulate them. |
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Members
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Knowledge Sharing
- Join PGFMC Initiatives - Expression of Interest Invited
- National Municipal Accounts Manual
- Certificate Course
- Exposure Drafts of ASLBs issued by CP&GFM
- Articles on Contemporary Topics
- Self-Paced Courses
- Training Programmes for Government Departments/Train the Trainer Programmes
- Announcement of the Council of the ICAI regarding mandating ASLB 2 & ASLB 5 for members of ICAI w.e.f. April 1, 2022
- IPSASB documents issued for comments
- Accounting Standards for Local Bodies
- Publications
- Important Links
- ICAI Awards for Promotion of Accounting Reforms in Local Bodies
- Faculty Development Programme - May 9, 2026.
- Archives