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51st Annual Convention of Chemists 2014 - Hosted by Department of Chemistry
51st Annual Convention of Chemists 2014 - Hosted by Department of..
Notice - Regarding Corrections in particulars of the candidates appearing in M.Phil (Education) Entrance Test 2014-15
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National Seminar – Land and The State : Revisiting Medieval and Colonial India on 3rd – 4th December, 2014
National Seminar – Land..
Walk-in-interview for the post of Assistant Professor in French
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Notification - Agenda of AC meeting
Notification -  Agenda of AC meeting
National Seminar - Human Rights: Trends and Issues of Contemporary World - 18th Nov. 2014
National Seminar - Human Rights: Trends and Issues of Contemporary World - 18th..
Revision of Scheme/Instruction of Examinations of B.A. (Gen. & Hons.) in History Annual and Semesters w.e.f the Academic Session 2014-15
Revision of Scheme/Instruction of Examinations of B.A. (Gen. &..
Notification regarding admission Ph.D. Course 2014
Notification regarding admission Ph.D. Course 2014
Notice - Meeting of AC Members Oct. 2014
Notice - Meeting of AC Members Oct. 2014
All India Radio Kurukshetra requires casual announcers and casual comperes in Yuvvani and Kisanvani.
All India Radio Kurukshetra requires casual announcers and casual comperes in..
Invitation of Article/research paper for the IV Vol. 2014, Kurukshetra Law Journal
Invitation of Article/research paper for the IV Vol.  2014,..
ADMISSION SCHEDULE FOR M.Ed. Special Education (Visual Impairment)
ADMISSION SCHEDULE FOR M.Ed. Special Education (Visual Impairment)
One day National Seminar on 18th November 2014 - Courtesy Instt. of Law
One day National Seminar on 18th November 2014 - Courtesy Instt. of Law
Walk-in-Interview for one post of Assistant Professor in Electronics(on contract basis) for University College, Kurukshetra
Walk-in-Interview for one post of Assistant..
Admission notice of vacant seats for LL.M..2014-15
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Notice and Application form - Youth Red Cross Society
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Notification - Earn While You Learn Scheme
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Notice Regarding Prospectus of Distance Education, KUK
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National Seminar on “Social Work Practice: Scope and Challenges in the Present Context\"
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Notice and Application form for NSS (UTD)
Notice and Application..
National seminar in the Department of Social Work
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Admission Schedule for M.Ed. Special Education (Visual Impairment) 2014-15
Admission Schedule for..
Revised positions of vacant seats for MBA (SFS) 2014-15
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Admission Notice for B.Tech. vacant Seats : 2014-15 and Admission Application Form for the session 2014-15
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Admission notice for vacant seats in MCA 2014-15
Admission notice for vacant seats..
Status of vacant Seats for admission in B.Tech Instrumentation
Status of..
Notice regarding Classes of B.A.LL.B (Hons.) 9th Semester
Notice..
Regarding Top Institute of Law in India
Regarding Top Institute..
Amendment to the UGC (Mandatory Assessment and Accreditation of the Educational Institutions) Regulation , 2012
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Golden Mercy Chance for Session 2013-14 & 2014-15
Golden Mercy Chance for..
Mahila Helpline - courtesy Haryana Police
Mahila Helpline - courtesy Haryana Police

Accounts Branch
    

Sh. Pankaj Gupta

Finance Officer                                                    

Phone No.: 01744-238041                                        

 

Sh. B.L.Munjal                                                          

D.R (Accounts)                     

Phone No.: 01744-238041      

BRANCH PROFILE 

Under the supervision of the Finance Officer, this Branch is dealing with the following works:

(i)BUDGET :

Preparation of Budget by assessing the requirements of all Teaching Departments/Offices and availability of resources likely to be made available by the State Govt./Govt. of India and also funds generated through Self Financing Schemes. Proper liaison is maintained with the State Govt./Govt. of India/Funding Agencies through timely correspondence and also visiting various offices personally. The budgetary provision so released to various dartments/ Offices are properly monitored and mentored if need arises for additional funds, the same is taken care of by soliciting orders of the competent authorities. This work is fully computerized.

(ii)EXPENDITURE SANCTIONS:

While releasing Budget provisions, it is clearly mentioned that nothing contained in these estimates should be construed to convey any sanction or to be cited as an authority for incurring any expenditure or undertaking any liability. Sanctions of the competent authority are to be obtained invariably in advance before incurring expenditure against the approved provisions. Accordingly all cases requiring expenditure sanctions are put up to the Finance Officer to accord approval or to seek orders of the higher authorities as the case may be. All cases relating to pay fixation of Teaching/Non- Teaching employees are dealt with in this Branch.

(iii)INVESTMENTS:

The funds available are taken care of appropriately. By retaining funds to meet day to day expenditure, the surplus funds are invested in various Banks on competitive rates of interest even for a shorter period of one week’s time. On maturity of the F.D.Rs., the amount so received are either re-invested or retained keeping in view the future needs.

(iv)ANNUAL AUDIT REPORT:

The J.D. (Audit) while checking the accounts of the university points out discrepancies, if any, and sends a report in the shape of paras, requisitions or objections to the Director, Local Audit Haryana, Chandigarh. The Director, Local Audit get these objections printed and send a copy of the Audit Report to the University for getting these objections removed. These are further sent to the Concerned Departments/Offices for early settlement. The said Annual Audit report is also placed before the Executive Council and the Court of the University once a year for consideration. The A.G. Party also regularly visits the University to check its accounts and ensure that the expenditure has rightly been incurred keeping in view the financial norms. The Party points out the discrepancies, if any, and accordingly issue Audit Paras, to be attended by the concerned Department/Office. On receipt of objection, these are conveyed to the concerned Departments/offices for their early settlement. The replies so received are sent to the A.G.Haryana, Chandigarh for getting these omitted or as the case may be. Proper liaison is maintained for early settlement of all objections.

(v)GRANTS:

Grants received from various Funding Agencies including State/Govt. of India/UGC are entered in the relevant Registers duly audited and the record of the Utilization Certificates got issued by various Deptt./Offices is also maintained.