The Finance & Accounts department in the Railways plays an Integral Role in rendering timely financial advices, proper maintenance of accounts of the Railway in terms of earnings and expenditure and providing in time management information, reporting for decision making.
The Functions of the Accounts Department may be categorized broadly as follows;
Proper Budgeting of earnings and expenditure, pertaining to Rail operations.
Keeping the Accounts and compilation thereof at the end of each financial period according to well established procedures and formats.
Internal check of all transactions, both receipts and expenditure.
Scrutiny of investment proposals