PNS/
Punjab Local Government Department is all set to launch a drive towards gradual paperless governance from October 1.
For the same, the Local Government Department and PMIDC on Thursday organized ‘Consultative Workshop on Municipal Accounting Reforms Transparency, Robust Finances, and Future Growth’.
“Punjab Local Government Minister Dr Inderbir Singh Nijjar is keen to implement the ‘Double Entry Based Accrual Accounting’ (DEBAA), hence the Department has initiated municipal financial reforms for transparency in urban local services, strengthening financial management, removing financial deficiencies, and future-oriented development,” said the Principal Secretary, Local Government, Vivek Pratap Singh while addressing the officials of the department, accountants, DCFAs, and CAs of cities and trusts in the state.
Singh said that after implementing the online system DEBAA, the Department and its wings spread across the State will be easily audited, prior budget proposal can be made effortlessly and officials posted at two places will be able to easily work at both their places.
With this, the municipal financial reforms will further strengthen transparency and financial management in urban local services, he said; adding that after implementing DEBAA properly in Punjab, daily account closing will be mandatory, opening balances of all cities will be compiled, and new and latest softwares will be rolled out.
Singh said that this system will increase transparency in Urban Governance, make cities creditworthy, decrease chances of misuse of municipal properties, and make budget formation and finance management more efficient for administrators.
Officers of egov foundation, NIC and Examiner Local Fund Audit (ELFA) took part in the Conference to understand software requirements.
During the conference, the officials of PMIDC and Local Government also listened to the needs and demands of field officers and CAs who deal with Municipal Financing on a daily basis. Apart from this, introduction of Double Entry Based Accrual Accounting (DEBAA) in cities in Punjab, an overview of the Punjab Municipal Accounting Manual, planning for rolling out DEBAA in cities by taking feedback from field staff, software management with regard to mSeva; looking at a new horizon of softwares with NIC and eGov Foundation were discussed.