Para 5.15.2 — CAM

Note:- Proforma corrections in respect of Statement No.13 of Finance Accounts etc. will be carried out in terms of para 5.15.2 and as below the line entries and reflected distinctly under a separate line named “Prior Period Adjustment Account” below the relevant major/minor head. The closing balance under the head will be worked out after taking into account the effect of “Prior Period Adjustment Account”.

5.15.2 Expenditure incurred under the CFI and booked under concerned heads is accounted for in the Appropriation and Finance Accounts. However, the balances under the heads of loan, debt etc will also be included in the Finance Accounts.