Government Budgeting, Accounting and Auditing syllabus

Government Budgeting, Accounting and Auditing

• 1 Budget (10 LHs)

  • Meaning and history of Budget in Nepal
  • Features and components of budget
  • Classification of budgeting
  • Theories of budgeting
  • Budget formulation process and budget cycle
• 2 Accountancy (12 LHs)

  • Book-keeping and accounting: meaning, importance, principles, concepts and conventions
  • Double-entry system: meaning and features
  • Financial Transaction and Record Keeping; Accounting equation
  • Journal, debit and credit rules, books of original entry
  • Types of accounts and subsidiary books: Cash Books and Petty Cash Book
  • Ledger accounts, Trial balance, Depreciation, Bank reconciliation
• 3 Financial Statements (8 LHs)

  • Income statement
  • Balance sheet
  • Change in equity
  • Cash flow statement
  • Notes to Accounts
• 4 Governmental Accounting (10 LHs)

  • Financial administration of Government of Nepal
  • Store Accounting: introduction, features, importance and forms
  • Principles and procedures of Nepal Government's expenditure accounting system
  • Treasury Single Account, Budget Sheet and Ledger Accounts
  • Financial reporting by field offices
• 5 Auditing (8 LHs)

  • Introduction, importance, objectives and types
  • Internal auditing system of Government of Nepal