TNPSC Thervupettagam

45th Civil Accounts Day - March 1

March 4 , 2021 1270 days 868 0
  • The Indian Civil Accounts Service (ICAS) observes the “Civil Accounts Day” every year on March 01.
  • The year 2021 marks the 45th Civil Accounts Day celebrations.
  • ICAS is one of the Civil Services of India, under the Department of Expenditure, Union Ministry of Finance.

ICAS

  • The Union Government initiated a major reform in Public Financial Management in 1976.
  • The Audit and Accounts functions were separated by relieving the Comptroller and Auditor General of his responsibility of preparation of Union Government accounts.
  • Consequently, the Indian Civil Accounts Service was established.

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