Revised version of Panjab University’s accounts manual released

The revised version of Panjab University’s accounts manual prescribes comprehensive rules and procedures to be followed for all financial matters

The revised and improvised version of Panjab University (PU) accounts manual 2022 was released recently by varsity vice-chancellor Raj Kumar.

Panjab University officials releasing the revised accounts manual.

The manual prescribes comprehensive rules and procedures to be followed for all financial matters. For promotion of e-Governance as part of ‘digital India’ programme of government of India, this manual incorporates realigned and rationalised rules/procedures to create an enabling framework for the overall financial management of the university.

PU finance and development officer (FDO) Vikram Nayyar, dean student welfare (DSW) Jagtar Singh and Pardip Kumar, assistant controller, local audit, were also present.

“The present manual is the improvised and updated version of the accounts manual 2012, which has been revised after incorporating the various decisions of governing bodies of the university,” the varsity said in an official communiqué, adding that extensive amendments have been carried out in the manual in the last 5-6 years to be in consonance with GFR 2017 as well as the contemporary financial ecosystem, while ensuring the fundamental principles of the finance, propriety and transparency.