Financial Management Research & Resource Society (FMRRS) is a Society registered under Registration of Societies Act, 1860 with the Registrar of Societies, Delhi. It was the culmination in 2004 of an attempt by the serving and retired members of the Indian Civil Accounts Service (ICAS) to create an institution – a center of Excellence in the sphere of Public Financial Management. FMRRS has a reservoir of knowledge and experience in all matters relating to Government Financial Management. Its members number is at present about 60, and these are all senior serving and retired ICAS officers who possess in-depth knowledge of public finance including experience of working with International Monetary Fund, World Bank and other International organizations. Besides, the Society has on its roll professional Chartered Accountants and Cost Accountants with experience of work of the private sector.
Shri B.S. Thapliyal, ICAS was the first "Founder President" of the Society.
AREAS OF EXPERTISE
Budget Management, Budget Formulation & Execution, Accounting & Financial Reporting
Expenditure management, Payments - Receipts - Cash Management & Government Banking
PFM Legislation & Rules
Internal Audit and Risk Management, Civil Service & Administration Reforms, Performance Management
Structure and Chart of Accounts, Public Financial Management System
Payroll, Pensions and General Provident Fund
IFMIS - SYSTEMS ANALYSIS, DEVELOPMENT AND APPLICATION FOR PUBLIC FINANCIAL MANAGEMENT
TRAINING AND CAPACITY BUILDING