THE CONCURRENCE IN INDIAN PSU’s
Abstract
In every public sector undertaking (PSU), the finance department plays a pivotal role, and in addition to its finance/accounting functions, ensures that the procedures, rules and regulations are followed in line with the processes and defined guidelines. In an organisation, finance department has number of wings or branches to take care of all activities such as establishments, billing, payments, taxation, commercial, etc. One of the important activities is concurring the proposals received from various departments of an organisation. In a public sector undertaking, a separate department exists named as ‘Finance Concurrence Department’ (FCD). We need to understand here the meaning of ‘finance concurrence’ and the role of FCD. Let’s read on to know…
Keywords
English Language, Proficiency, Students, Teaching Methods, Academic Performance.