Central Budgetary and Accounting procedure Planning and Budget MOF- Whole Budget for the year National

Planning Commissionbased on Periodic Planning, Policy and Priority Line MinistryConsolidates based on Policy and Limit DepartmentConsolidates based on Policy approved Operating OfficePrepares local budget Approval and Legalize Line AgencyDelegation MOFAppropriation Authority Expenditure Fund MOFAuthority MinistryAuthority PresidentParliamentPAC PresidentParliamentPAC Monitoring and Audit Monitoring and Audit Banking

ParliamentAnnual Budget

DepartmentAuthority

Auditor General Audit of each agency MinistryAgency Consolidation DepartmentDepartmental Consolidation,

Auditor General Audit of Consolidated Fund FCGOConsolidated Fund Nepal Rastra Bank Reimbursement and Payment Local BanksCentral Collection/ Disburse*

PresidentAnnual Policy and Program NPCPeriodic Planning

Operating OfficeExpenditure OfficeBasic Accounts

Treasury OfficeDistrict Consolidation, Internal Audit

*Revenue Collection to be transferred to NRB and net off is not permissible for banks. NRB nets revenue and expense based on order of Financial Comptroller General Office after finalizing of Consolidated Fund accounts. ** Funds other then consolidated fund have their own managerial and legal procedure (constitute a few quantum of fund- may very less then 1%) **Government Under takings are independent with consolidated fund, except investment, return and payback.