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Highlights from recent meetings, training programmes and institutional activities.
CA. Hans Raj Chugh, Chairman, PGFMC addressing the inaugural session of the "Awareness Programme on Public Finance & Government Accounting Arena" organised by the Gurugram Branch of ICAI under the aegis of PGFMC on 11th April 2026 at Taj City Centre, Gurugram.
CA. Hans Raj Chugh, Chairman, PGFMC, ICAI in a meeting with Shri M. M. Ashraf, Addl. Central PF Commissioner (ACC), EPFO on 8th May to discuss matters of mutual professional interest.
Faculty Development Programme on the theme "Bridging Knowledge and Practice: Empowering Trainers to Shape the Future of Public Finance" organised by PGFMC and hosted by NIRC of ICAI on 9th May 2026 at Hotel The Park, New Delhi.
CA. Hans Raj Chugh, Chairman, PGFMC, addressing Senior Audit Officers and Assistant Audit Officers during the 5-Day Training Programme on "Audit of Postal Banking Operations for Postal Financial Services" held from 11th to 15th May 2026.
CA. Mangesh Kinare, Vice President, ICAI, CA. Hans Raj Chugh, Chairman, PGFMC and Shri Rahul Jain, Govt. Nominee, ICAI along with other dignitaries, addressing participants at the Conference on "16th Finance Commission and Local Public Finance," held on 21 May 2026 at Hotel The Lalit, New Delhi.
CA. Prasanna Kumar D, President, ICAI, CA. Hans Raj Chugh, Chairman, PGFMC, CA. Arpit Kabra, Vice-Chairman, PGFMC and CA. (Dr.) Anuj Goyal, CCM, along with other dignitaries during the inauguration of the Conference on "16th Finance Commission and Local Public Finance," held on 21 May 2026 at Hotel The Lalit, New Delhi.
MoU signed with Nagpur Metropolitan Region Development Authority (NMRDA) on 21st May 2026 to provide advisory support in design and implementation of Single Window Clearance System for Naveen Nagpur Project.
CA. Hans Raj Chugh, Chairman, PGFMC and Ms. Julitta Ponniah, Principal Financial Management Specialist, ADB addressing during Orientation of Resource Persons for the Module on "Accounting and Auditing of Externally Aided Projects (EAPs) in India" under the Certificate Course on Public Finance and Government Accounting held on 24th June 2026 at ICAI Bhawan, New Delhi.
ICAI Jan Utsav Celebrates 78th Chartered Accountants' Day
A Memorandum of Understanding (MoU) was signed by ICAI (through PGFMC) and Centre for Urban Studies (CUS) of the Indian Institute of Public Administration (IIPA) on 21st July 2026 for capacity building of Municipalities. Seen in the Pic Dr. Jitendra Singh, Hon'ble Minister of State for Personnel, Public Grievances and Pensions and Chairman of the IIPA Executive Council; Dr. Surendra Kumar Bagde, IAS, Director General, IIPA; CA. Prasanna Kumar D, President, ICAI; CA. Hans Raj Chugh, Chairman, PGFMC along with CCMs, ICAI CA. Rajesh Sharma and CA. Priti Savla.
Chairman PGFMC interacted with participants of the 3rd Entry Level Batch at ICAI Centre of Excellence Hyderabad on 3rd April 2026.
PGFMC organised an advanced training programme on digital financial reforms, AI tools, data analytics and leadership skills for Indian Cost Accounts Service officers.
CA. Hans Raj Chugh and CA. Arpit Kabra virtually addressed the inaugural session of the 5th Advanced Level Batch of CAG officers at ICAI Centre of Excellence Jaipur.
ICAI through Public and Government Financial Management Committee entered into a Memorandum of Understanding with Andhra Pradesh Police Department on 2nd April 2026 to strengthen expertise in economic offences, financial frauds and investigation techniques.
The Certificate Course on Public Finance and Government Accounting intends to equip the participants with understanding of the economic policies of the Government, Budgets, Fiscal tools, Government Grants, Public Funds, Rules, Regulations and Accounting Systems pertaining to Government departments/ Institutions of Centre, State and local bodies through case studies, lectures and peer discussions.
The Committee from time to time issues publications on various technical subjects for the benefits of various stakeholders. Till date, the Committee has issued several publications i.e., Compendium of ASLBs (Vol. I & II), ASLBs - At a Glance, Guidance Note on Accounting for Investments for Local Bodies, Role of Professional Accountants in PFM, Status Paper on Accounting Reforms in LBs in India.
The Public & Government Financial Management Committee (PGFMC) strives to assist Government Sector in successful implementation of the accounting reforms and public financial management.
For this purpose, the Committee from time to time submits various representations to Government for consideration.
ICAI through the Public and Government Financial Management Committee (PGFMC) is formulating Accounting Standards for Local Bodies (ASLBs).
ASLBs set out recognition, measurement, presentation and disclosure requirements dealing with specific transactions and events in general purpose financial statements of LBs.
Feedback from participants who joined PGFMC learning programmes and professional initiatives.
@icai. I must thank Mr. Shabi Sharma for his relentless support to help me achieve this. I also must mention the public finance committee of the ICAI for launching this course who worked really hard to make this happen.
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