World Bank2014-08-202014-08-202008-02-05https://hdl.handle.net/10986/19517The research paper compares the various thoughts and models of the finance function in the Indian Central Government with those that exist worldwide, presents the analytical underpinnings of why some aspects of a particular model may be suitable to the Indian position, and provides the Government of India with options and courses of action. The paper offers historical and current perspective (chapters two and three) on the development of the role of Financial Adviser (FA), comparative lessons from other countries on how they have structured this position (chapter four), suggestions on appropriate training and certification programmes for financial advisers and their key support staff and opportunities for commensurate career development that makes the FA position more attractive for Government of India (GoI) officers and talented applicants (chapters five and six).en-USCC BY 3.0 IGOACCOUNTABILITYACCOUNTABILITY FOR PERFORMANCEACCOUNTABILITY FOR RESULTSACCOUNTABILITY STRUCTUREACCOUNTANTACCOUNTINGACCRUAL ACCOUNTINGADMINISTRATIVE CONTROLADMINISTRATIVE FUNCTIONSADMINISTRATIVE REFORMSALLOCATIONANNUAL BUDGETANNUAL INCOMEANNUAL REPORTANNUAL REPORTINGANNUAL STATEMENTSAPPROPRIATIONAPPROPRIATIONSAUDIT COMMISSIONAUDITOR GENERALAUDITORSBEST PRACTICEBEST PRACTICE GUIDELINESBEST PRACTICESBUDGET ALLOCATIONSBUDGET CIRCULARSBUDGET ESTIMATESBUDGET EXECUTIONBUDGET FORMULATIONBUDGET MANAGEMENTBUDGET MONITORINGBUDGET PERFORMANCEBUDGET PREPARATIONBUDGET PROCESSBUDGET PROPOSALSBUDGET TARGETSBUDGET YEARBUDGETARY FRAMEWORKBUDGETARY REFORMSBUDGETARY RESOURCESBUDGETINGCAPACITY BUILDINGCAPACITY-BUILDINGCAREER DEVELOPMENTCASH FLOWCASH MANAGEMENTCENTRAL BUDGETCENTRAL GOVERNMENTCIVIL SERVICECIVIL SERVICE SYSTEMCOMPETITIVE BIDDINGCOMPTROLLER GENERALCONSUMERCONTRIBUTIONSCORPORATE GOVERNANCECOST RECOVERYCURRICULUMDEBTDEBT LIMITATIONDEBT MANAGEMENTDECENTRALIZATIONDECISION-MAKINGDEREGULATIONDEVELOPING COUNTRIESDISTANCE LEARNINGDRIVERSDUE DILIGENCEEXPENDITURE BUDGETEXPENDITURE MANAGEMENTEXTERNAL AUDITEXTERNAL FUNDINGFEDERAL ACCOUNTABILITYFEDERAL TREASURYFINANCE MINISTRYFINANCE STAFFFINANCESFINANCIAL ACCOUNTINGFINANCIAL ACTIVITIESFINANCIAL ADMINISTRATIONFINANCIAL ADVISERFINANCIAL ADVISERSFINANCIAL ADVISORFINANCIAL ASPECTSFINANCIAL CONTROLFINANCIAL DATAFINANCIAL DEVELOPMENTSFINANCIAL IMPLICATIONSFINANCIAL INFORMATIONFINANCIAL LIMITSFINANCIAL MANAGEMENTFINANCIAL MANAGEMENT SYSTEMFINANCIAL MANAGEMENT SYSTEMSFINANCIAL MANAGERSFINANCIAL MATTERSFINANCIAL OPERATIONSFINANCIAL PLANNERFINANCIAL REPORTINGFINANCIAL RESOURCESFINANCIAL STATEMENTFINANCIAL STATEMENTSFINANCIAL SYSTEMSFINANCIAL TRAININGFISCAL CONSTRAINTFISCAL POLICYFISCAL REFORMSFISCAL RESPONSIBILITYFISCAL TARGETSGLOBALIZATIONGOVERNMENT ACCOUNTINGGOVERNMENT ACCOUNTSGOVERNMENT GUARANTEESGOVERNMENT PERFORMANCEGOVERNMENT PERFORMANCE RESULTSGOVERNMENT POLICYGOVERNMENT REGULATIONHOLDINGHUMAN RESOURCEINCOMEINFORMATION TECHNOLOGYINSTRUMENTINTERNAL AUDITINTERNAL CONTROLINTERNAL CONTROLSINTERNATIONAL STANDARDSLIABILITYLIABILITY MANAGEMENTLIQUIDITYMACROECONOMIC STABILITYMANAGEMENT RESPONSIBILITIESMATURITYMEDIUM-TERM FRAMEWORKMINISTRY OF FINANCEMUNICIPAL FINANCENATIONAL AUDITNATIONAL DEVELOPMENTNATIONAL DEVELOPMENT PLANNATIONAL TREASURYOPERATIONAL PERFORMANCEORGANIC BUDGET LAWORGANIZATIONAL GOALSOUTPUTSPAYMENT OBLIGATIONSPERFORMANCE BUDGETPERFORMANCE BUDGETINGPERFORMANCE EVALUATIONPERFORMANCE INDICATORSPERFORMANCE MEASUREMENTPERFORMANCE MEASURESPERFORMANCE REPORTSPOLICY FORMULATIONPOLITICAL APPOINTEESPOLITICIANSPRIVATE INVESTMENTPRIVATE SECTORPRIVATE SECTOR INVESTMENTPROGRAMSPROVISIONSPUBLICPUBLIC ACCOUNTSPUBLIC ADMINISTRATIONPUBLIC EXPENDITUREPUBLIC EXPENDITURESPUBLIC FINANCEPUBLIC FINANCE MANAGEMENTPUBLIC FINANCIAL MANAGEMENTPUBLIC INVESTMENTPUBLIC SECTORPUBLIC SECTORSPUBLIC SERVICEPUBLIC SPENDINGPUBLIC-PRIVATE PARTNERSHIPSQUALITY ASSURANCEQUESTIONNAIREREAL WAGESRESOURCE MOBILIZATIONRESPONSIBILITIESRETURNRISK MANAGEMENTSALARIESSALESECRETARIESSENIORSERVICE DELIVERYSERVICE QUALITYSETTLEMENTSTAKEHOLDERSSTATE TREASURYSTRATEGIC PRIORITIESSUPERVISORY POWERSSUPPLIERSTAXTAX EXEMPTIONSTAX EXPENDITURESTAX REVENUETAX REVENUESTAXISTELECOMMUNICATIONSTOP MANAGEMENTTRAINING MATERIALSTRAINING PROGRAMTRAINING REQUIREMENTSTRANSACTIONTRANSPARENCYTRANSPARENCY LAWUNEMPLOYMENTUSER CHARGESWAGES10.1596/19517