Project to improve financial Reporting and auditing is education department in Punjab. PIFRA This project directly supports the Government’s commitment to improve public financial management, accountability, and transparency to facilitate public oversight and increase credibility in the international community.
It has different components Financial Accounting & Budgeting System (FABS), audit Components and Training Component which are providing different features under the umbrella of PIFRA.
PIFRA Registration for Govt Punjab Education Department Monthly Salary Pay Slips Download and Check Online Teachers Clerks Other Staff
|Financial Accounting & Budgeting System (FABS) Component|
1 Feature of FABS
|1||New Accounting Model implemented in pubic sector accounting.|
|2||Budgeting and all payments are processed through the system.|
|3||Largest public sector SAP payroll system over 2.0 million employees, pension archiving and payment facilitation.|
|4||Country networking map – integrated Government Financial Management Information System (GFMIS) with decision-support system.|
|5||System capable of generating national accounts in 15-20 minutes besides management and exception reports.|
|6||Transparency – Government’s reliable financial data is now accessible at all levels.|
|7||Automated bill tracking system to ensure speedy payments.|
|8||Federal budget of the last 10 years uploaded in the system for financial analysis and long-term decision-making.|