Publication: Strategic Plan for Strengthening of Internal Audit in Government of Bihar
Date
2012-01
ISSN
Published
2012-01
Author(s)
World Bank
Abstract
The Government of Bihar (GOB) has
adopted various reform measures to modernize fiscal and
financial management such as passing of the Fiscal
Responsibility and Budget Management Act, adoption of
Government of India's general financial rules and
decentralization of financial powers to respective
departments with a view to increasing the pace of
expenditure and implementation of plan schemes. However, for
decentralization to be effective the supporting public
financial management systems need to be also modernized.
Accordingly, the Government had entrusted a project
'modernization of budget and financial rules and
procedures' to Centre for Good Governance (CGG),
Hyderabad. The project requires CGG to comprehensively
revise the treasury code, financial rules and budget manual,
and to provide a roadmap to modernize and strengthen
internal audit function in the government. CGG has firstly
studied the existing organization structure of the internal
audit function in GOB, the skills and capacity of the
internal audit staff, the working conditions in the main
office and divisional offices, the perception of others
about internal audit and so on. They have visited the main
office in Patna and the divisional office in Gaya. After
identifying the strengths and weaknesses of the system, a
road map has been prepared for strengthening the internal
audit in the government.
Link to Data Set
Citation
“World Bank. 2012. Strategic Plan for Strengthening of Internal Audit in Government of Bihar. © Washington, DC. http://hdl.handle.net/10986/12929 License: CC BY 3.0 IGO.”