[REFRESHER TRAINING COURSE FOR ACCOUNTANT] June 10, 2019

TAMIL NADU INSTITUTE OF URBAN STUDIES, COIMBATORE – 641011

REFRESHER TRAINING COURSE FOR ACCOUNTANTS OF MUNICIPALITIES
2019-20 BATCH – 1 [2019INS04]
From 10th June – 14th June 2019
Programme Schedule
Day 1

Timing Module Resource Person

9.30 am Registration
9.45 am Inauguration
10.00 am Fundamentals of Double Entry Accrual Based
Accounting System Thiru.Rama
Double Entry Accounting Process Arumugam
Accrual System of Accounting Deputy Director of
Distinction between revenue expenditure and LFA [Retd.]
capital expenditure
Accounting Concepts and Conventions
11.10 am Tea/Coffee Break
11.30 am Significant Accounting Policies Thiru.Rama
Meaning of Accounting Policy Arumugam
Prescription of Accounting policies, change in Deputy Director of
accounting policies, disclosures LFA [Retd.]
Accounting Policies for ULBs
Chart of Accounts Thiru.Rama
Meaning of Chart of Accounts Arumugam
Benefits of Chart of Accounts Deputy Director of
Components of Chart of Accounts LFA [Retd.]
Procedure for addition of components of Chart
of Accounts
Structure of Chart of Accounts
Coding Logic
Usage of Chart of Accounts
12.40 pm Lunch Break
2.00 pm Vouchers and Books of Account Dr.P.Tamizhelvan,
Meaning of Vouchers Associate Professor,
Types of Vouchers TNIUS
Voucher numbering
Books of Account
3.10 pm Tea/Coffee Break
3.30 pm Income Accounting
Income of the ULBs
Accruable and Non-accruable incomes Dr.P.Tamizhselvan,
Accounting for Property and Other Taxes Associate Professor,
Accounting for components of Property Tax TNIUS
Collection
Registers and Documents for collection of
Property Tax
4.40 pm First day completion

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 [REFRESHER TRAINING COURSE FOR ACCOUNTANT] June 10, 2019

Day 2
10.00 am Income Accounting – contd…
Modes of Daily Collection of revenue
Accounting for Daily Collections Thiru Muthukumar,
Accounting for rental income Accountant,
Fees and User charges Tiruvallur
Other Incomes Municipality
Refund of Incomes
Provision for doubtful receivables
11.10 am Tea/Coffee Break
11.30 am Expenditure Accounting
Expenditure of the ULBs Thiru Muthukumar,
General Procedures Accountant,
Accounting for Monthly Salary Bills/ Tiruvallur
Supplemental Bills Municipality
Accounting for Pension
Accounting for Development Works
12.40 pm Lunch Break
2.00 pm Expenditure Accounting – contd…
Project Costing
Accounting for Deposit Works Thiru.K.Natarajan, JD
Execution of Projects by other agencies under of LFA [Retd.]
pooled finance arrangements Coimbatore
Execution of Projects by other implementing
agencies as PIUs
Capitalization of Interest on Specific Borrowings

3.10 pm Tea/Coffee Break

3.30 pm Expenditure Accounting- contd…
Capitalization of Expenditure on Capital Works
Accounting for purchase of material/Stores Thiru.K.Natarajan, JD
Accounting of LFA [Retd.]
General Expenses Coimbatore
Expenditure on BSUP
Provision for expenses
4.40 pm Second day completion

Day 3
10.00 am Fixed Assets and Depreciation
Basic Terms
Types of Fixed Assets Thiru.Rama
Creation of Fixed Assets Arumugam
Accounting for Fixed Assets Deputy Director of
Capitalization of Assets after project completion LFA [Retd].]
Impairment of Assets
Accounting for assets under litigation
Maintenance of Asset Registers
Depreciation

11.10 am Tea/Coffee Break

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 [REFRESHER TRAINING COURSE FOR ACCOUNTANT] June 10, 2019

11.30 am Accounting for Grants and Schemes

Grants received by the ULBs Thiru.Rama
Accounting for General Grants Arumugam
Accounting for Specific Grants Deputy Director of
Grants received by the ULBs as a Nodal Agency LFA [Retd.]
Deductions made at the time of release of
grants
Grants received in kind
Maintenance of Grant Registers
12.40 pm Lunch Break
2.00 pm Accounting for other Transactions
Finance charges debited by the Bank Thiru.Rajamani,
Advances paid to employees and recovery of Accountant [Retd.]
advances
Imprest Accounting (Permanent Advance)
Loans received by ULBs
3.10 pm Tea/Coffee Break
3.30 pm Investments made by ULB
Sinking Fund
Grants in aid paid by ULB Thiru.Rajamani,
Prepaid expenses Accountant [Retd.]
New Health Insurance for ULB employees
Inter fund transactions
Endowments
4.40 pm Third day completion

Day 4
10.00 am Financial Statements
Meaning and need of Financial Statements
Annual Financial Report Thiru.Rama
Brief description of various components of Arumugam
Annual Financial Report Deputy Director of
Consolidated Financial Statements LFA [Retd.]
Trial Balance
Checklist for preparation of Financial
Statements
Addition/Merger of local bodies
11.10 am Tea/Coffee Break
11.30 am Financial Statement Audit Thiru.Rama
Introduction Arumugam
Audit Report on Financial Statements Deputy Director of
Audit Report/Certificate LFA [Retd.]
Other Audit
12.40 pm Lunch Break
2.00 pm Period End Procedures
Introduction
Day-end procedures Thiru.Rajamani,
Month end procedures Accountant [Retd.]
Year end procedures
Closure of books

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3.10 pm Tea/Coffee Break

3.30 pm Bank Reconciliation
Introduction
Need for BRS
Reasons for differences between bank balance Thiru.Rajamani,
as per bank book and bank statement Accountant [Retd.]
Steps in Bank Reconciliation
Proforma of Bank Reconciliation Statement
Important points about BRS
4.40 pm Fourth day completion

Day 5

10.00 am Municipal Budget

Fiscal management principles to be followed by
Urban Local Bodies Thiru.K.Natarajan,
Municipal Fund JD of LFA [Retd.]
Components under Municipal Fund Coimbatore
Sources of Municipal fund
Details of revenue sources
Budget Heads and Coding Structure
Functional Classification
11.10 am Tea/Coffee Break
11.30 am Financial budgeting Thiru.K.Natarajan,
Statutory provisions relating to budget JD of LFA [Retd.]
Budget process, budget calendar and formats Coimbatore
12.40 pm Lunch Break
2.00 pm Consolidation at the level of Head of Thiru.Rajamani,
Department/Functions of ULBs Accountant [Retd.]
Budget maintenance and control
Supplemental estimates and revised estimates
3.10 pm Tea/Coffee Break
3.30 pm Guidelines for preparation of estimates of Thiru.Rajamani,
receipts Accountant [Retd.]
Guidelines for preparation of estimates of
expenditure
General guidelines for preparation of budget
Budget Performance Report
4.40 pm Programme valediction and certificate Programme
distribution Coordinator

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