Publication:
India : Orissa State Financial Accountability Assessment

dc.contributor.authorWorld Bank
dc.date.accessioned2013-09-05T21:08:06Z
dc.date.available2013-09-05T21:08:06Z
dc.date.issued2004-05-30
dc.description.abstractThe Country Assistance Strategy for India places emphasis on the need for modernizing public financial management, and accountability systems, and, undertaking such diagnostic work as necessary to help build Government's capacity for better public sector management, and external scrutiny. It calls for financial accountability assessments to be carried out in all States where programmatic adjustment loans are being prepared, supporting reforms associated with fiscal, and fiduciary risks management. Of India's 14 major States, Orissa has the second lowest, per capita income, and a growth rate of 3 percent against the national average of 5-6 percent per annum, while statistics also show its revenue, and fiscal deficits increased significantly over the years. The Government of Orissa is developing a robust reform program, reforms which on the fiscal side, are fully consistent with recommendations for strengthening financial management, and public accountability, as proposed in this State Financial Accountability Assessment (SFAA) Report. This SFAA is designed to ascertain and help mitigate the extent to which public firms in Orissa State, are exposed to fiduciary risks, and it further points to the need for capacity building, in almost every significant aspect of public financial accountability. It is reported that while the legal/regulatory/institutional frameworks for internal control, and internal audit compares favorably with the rest of India, it does less so with international best practice, and, although accounting and financial reporting rules comply with well-established national requirements, it does not with International Public Sector Accounting Standards (IPSAS) for cash based accounting, and financial reporting. Recommendations suggest to encourage the enlargement of the role of the State Accountant General - AG - (Audit) in following up cases of previous Audit Reports which the Committees may not like to pursue for detailed examination; to discuss the most recent reports of the Controller and Auditor General (CAG) as a matter of priority; to include in the annual confidential reports of the departmental officers, an assessment of the quality of response to the audit reports, and recommendations of the Committees; and, civil society should be sensitized, and involved in the accountability process, to achieve transparency.en
dc.identifierhttp://documents.worldbank.org/curated/en/2004/05/4958083/india-orissa-state-financial-accountability-assessment
dc.identifier.doi10.1596/15687
dc.identifier.urihttps://hdl.handle.net/10986/15687
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNT
dc.subjectACCOUNTABILITY
dc.subjectACCOUNTABILITY MECHANISMS
dc.subjectACCOUNTANTS
dc.subjectACCOUNTING
dc.subjectACCOUNTING RECORDS
dc.subjectACCOUNTING STANDARDS
dc.subjectACCOUNTING SYSTEMS
dc.subjectACCOUNTS
dc.subjectANTI-CORRUPTION
dc.subjectAPPROPRIATIONS
dc.subjectASSET MANAGEMENT
dc.subjectAUDIT COMMITTEES
dc.subjectAUDIT REPORTS
dc.subjectAUDITED FINANCIAL STATEMENTS
dc.subjectAUDITING
dc.subjectAUDITORS
dc.subjectAUDITS
dc.subjectAUTHORITY
dc.subjectAUTONOMY
dc.subjectBILLS
dc.subjectBUDGET ESTIMATES
dc.subjectBUDGET PRESENTATION
dc.subjectBUDGETARY PROCESS
dc.subjectBUDGETING
dc.subjectBUREAUCRACY
dc.subjectBUSINESS PLANS
dc.subjectCASH MANAGEMENT
dc.subjectCENTRAL GOVERNMENT
dc.subjectCITIZENS
dc.subjectCIVIL SERVICE
dc.subjectCONSTITUTION
dc.subjectCORPORATE GOVERNANCE
dc.subjectCORRUPTION
dc.subjectDEBT
dc.subjectDEBT MANAGEMENT
dc.subjectDEBT RELIEF
dc.subjectDECENTRALIZATION
dc.subjectDECISION MAKING
dc.subjectDECISION-MAKING
dc.subjectDECISION-MAKING PROCESSES
dc.subjectDEMOCRATIC GOVERNANCE
dc.subjectDEMOCRATIC SOCIETIES
dc.subjectDEPOSITS
dc.subjectDEVOLUTION
dc.subjectDISCLOSURE
dc.subjectDISTRICTS
dc.subjectELECTED REPRESENTATIVES
dc.subjectEXPENDITURE
dc.subjectEXPENDITURE MANAGEMENT
dc.subjectEXPENDITURES
dc.subjectFINANCIAL ACCOUNTABILITY
dc.subjectFINANCIAL CONTROL
dc.subjectFINANCIAL DISCIPLINE
dc.subjectFINANCIAL INFORMATION
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL REPORTING
dc.subjectFINANCIAL RESOURCES
dc.subjectFISCAL
dc.subjectFISCAL CRISIS
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL DISCIPLINE
dc.subjectFISCAL YEAR
dc.subjectGOOD GOVERNANCE
dc.subjectGOVERNMENT SERVICES
dc.subjectINSTITUTIONAL FRAMEWORK
dc.subjectINTERNAL AUDIT
dc.subjectLACK OF TRANSPARENCY
dc.subjectLACK OF TRANSPARENCY AND ACCOUNTABILITY
dc.subjectLAWS
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGISLATIVE COMMITTEES
dc.subjectLEGISLATIVE OVERSIGHT
dc.subjectLEGISLATURE
dc.subjectLEVELS OF GOVERNMENT
dc.subjectLOCAL BODIES
dc.subjectLOCAL GOVERNMENT
dc.subjectLOCAL GOVERNMENT SERVICES
dc.subjectMANAGEMENT INFORMATION SYSTEMS
dc.subjectMINISTERS
dc.subjectPAYROLL
dc.subjectPENALTIES
dc.subjectPENSIONS
dc.subjectPROCUREMENT
dc.subjectPRODUCTIVITY
dc.subjectPUBLIC ACCOUNTABILITY
dc.subjectPUBLIC AGENCIES
dc.subjectPUBLIC DISCLOSURE
dc.subjectPUBLIC ENTERPRISES
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC EXPENDITURE MANAGEMENT
dc.subjectPUBLIC FINANCES
dc.subjectPUBLIC FUNDS
dc.subjectPUBLIC OFFICIALS
dc.subjectPUBLIC POLICY
dc.subjectPUBLIC RESOURCES
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SECTOR ACCOUNTING
dc.subjectPUBLIC SECTOR MANAGEMENT
dc.subjectPUBLIC SERVANTS
dc.subjectREGULATORY FRAMEWORK
dc.subjectRESERVE BANK OF INDIA
dc.subjectRISK MANAGEMENT
dc.subjectSECRETS
dc.subjectSTATE GOVERNMENT
dc.subjectSTATE OWNED ENTERPRISES
dc.subjectTAX
dc.subjectTAX ASSESSMENT
dc.subjectTAX COLLECTION
dc.subjectTAX REVENUE
dc.subjectTRANSPARENCY
dc.subjectUSER CHARGES STATE FINANCE
dc.subjectPUBLIC SECTOR MANAGEMENT
dc.subjectFINANCIAL ADMINISTRATION
dc.subjectBUDGET EXECUTION
dc.subjectEXPENDITURE ANALYSIS
dc.subjectRESOURCE ALLOCATION PROCESSES
dc.subjectLEGAL & REGULATORY FRAMEWORK
dc.subjectLEGISLATIVE REFORM
dc.subjectLAW ENFORCEMENT
dc.subjectFINANCIAL MANAGEMENT SYSTEMS
dc.subjectINTERNAL AUDIT
dc.subjectSTATE-OWNED ENTERPRISES
dc.subjectEXTERNAL AUDITORS
dc.subjectSTRATEGIC COORDINATION MECHANISMS
dc.subjectBUDGET IMPLEMENTATION
dc.subjectFINANCIAL REPORTING STANDARDS
dc.subjectFISCAL TRANSPARENCY
dc.subjectGOVERNMENT ACCOUNTING
dc.subjectAUDITING
dc.subjectINSTITUTIONAL FRAMEWORK
dc.subjectRISK ASSESSMENT
dc.subjectRISK MANAGEMENT
dc.subjectINFORMATION DISCLOSURE
dc.subjectINFORMATION DISSEMINATION
dc.titleIndia : Orissa State Financial Accountability Assessmenten
dspace.entity.typePublication
okr.crosscuttingsolutionareaPublic-Private Partnerships
okr.date.doiregistration2025-05-07T08:57:39.173893Z
okr.doctypeEconomic & Sector Work::Country Financial Accountability Assessment
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2004/05/4958083/india-orissa-state-financial-accountability-assessment
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.globalpracticeTrade and Competitiveness
okr.guid709331468751514047
okr.guid204971468042257462
okr.identifier.externaldocumentum000012009_20040721102418
okr.identifier.internaldocumentum4958083
okr.identifier.report29346
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2004/07/21/000012009_20040721102418/Rendered/PDF/293460IN.pdfen
okr.region.administrativeSouth Asia
okr.region.countryIndia
okr.sectorPublic Administration, Law, and Justice :: General public administration sector
okr.sectorFinance :: General finance sector
okr.topicPrivate Sector Development::Business Environment
okr.topicBanks and Banking Reform
okr.topicGovernance::National Governance
okr.topicPublic Sector Economics and Finance
okr.topicPrivate Sector Development::Business in Development
okr.topicFinance and Financial Sector Development
okr.topicPublic Sector Development
okr.unitFinancial Management Unit (SARFM)
okr.volume1 of 1
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