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Audit Reports

Financial
Goa

Report No. 1 of 2021 - State Finances, Government of Goa

Date on which Report Tabled:
Tue 19 Oct, 2021
Date of sending the report to Government
Mon 27 Sep, 2021
Government Type
State
Sector Finance

Overview

Overview

Based on the audited Accounts of the Government of Goa for the year ending March 2020, this Report provides an analytical review of the Annual Accounts of the State Government. The Report is structured in four Chapters.


Chapter 1 describes the basis and approach to the Report and the underlying data provides an overview of structure of Government Accounts, budgetary processes, macro-fiscal analysis of key indices and State’s fiscal position
including the deficits/surplus.
Chapter 2 provides a broad perspective of the finances of the State, analyses the critical changes in major fiscal aggregates relative to the previous year, overall trends during the last five years, debt profile of the State and key
Public Account transactions, based mainly on the Finance Accounts of the State.
Chapter 3 is based on the Appropriation Accounts and gives a Grant-wise description of Appropriations and the manner in which the allocated resources were managed by the service delivery Departments.
Chapter 4 is an inventory of the Government’s compliance with various reporting requirements and financial rules.

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