TRAINING PROGRAMME ON "ACCRUAL ACCOUNTING SYSTEM" IN DPA LUCKNOW:

Accurual Basis of Accounting System:

A four days Training Programme for the staff of Postal Accounts Office on "Accrual Accounting System was organised by The Institute of Chartered Accountants of India, Committee on Public Finance at DPA Lucknow from 27th February 2013.  This  Programme by ICAI,  being first in the series, is aimed at bringing Accounting Reforms in Department of Posts by assisting the Department in switching over to Accrual based Accounting from Cash Based Accounting.  Such more programmes has to be organised by the Committee on Public Finance in collaboration with Department of Posts in the offices of Postal Accounts of all 22 circles on PAN India basis.

Eminent speakers having expertise in different fields had deliberated and shared their wisdom on respective topics with the participants during the programme.

Little About Accrual Accounting System:

 It is a system of accounting in which transactions are entered in the books of accounts, when they become due.  The transactions are recognized as soon as a right to receive revenue and/or on obligation to pay a liability is created. The expenses are recognized when the resources are consumed and incomes are booked when they are earned.

A message by CA. Mr. Anuj Goyal, Chairman, Committee on Public Finance:

Pictures Gallery:................courtesy- ICAI Lucknow Chapter

(Officers and staff attending the Training Programme at ZTC)

(CA Tariq Shahab giving an Introduction to Accrual Accounting System)

                (CA Mr. Anuj Goyal, presenting a bouquet to Shri CA Jitendra Kumar Agrawal )

(From left: CA Anuj Goyal, Shri Angad Singh, CA Jitendra Kumar Agarwal and CA Shyam Lal Agarwal)

(CA Shashank Mishra, Chairman, Lucknow branch of CIRC, of  ICAI having some discussions with the Honb'le Director Ms. Aprajita Sharma Atique)

(CA Ms. Shikha Pandey explaining the Fundamentals of Accounting -Principles at ZTC)

( A warm wellcome of Honb'le Director Ms. Aprajita Sharma Atique by Mr. V.S. Dwivedi)

(CA Tariq Shahab explaining the concepts of Accrual Accounting System)

(Inauguration of the Book on " Training Programme on Accrual Accounting System")

(Shri CA. Shyam Lal Agarwal Central Council Member of ICAI)