GUWAHATI: The finance department of the Board of Control for Cricket in India (BCCI) organised a day-long orientation course on financial management and accounting procedures for officials of the state cricket associations of Northeast here on Monday.
The BCCI team headed by chief financial officer, Santosh Rangnekar also comprised A. Uttamani, R. Mehrotra and N. Khanna.
Altogether, 23 delegates from eight states of the Northeast comprising treasurers, accountants, auditors and other officials attended the course.
In his address, Rangnekar explained the outline of the course and the importance of proper financial discipline and adherence to the BCCI guidelines which have to be adopted henceforth, particularly by New Area Development Project (NADP) states, who are likely to become permanent members soon.
The Northeast NADP states include Meghalaya, Manipur, Nagaland, Arunachal Pradesh, Sikkim and Mizoram.
The chief financial officer also assured the cricket associations of assistance and guidance in future.
Earlier, Assam Cricket Association secretary, Pradeep Buragohain gave a brief overview of the course.
Sessions on the modus operandi of BCCI with associations, nature of payments to associations (GST, TDS, Income Tax) besides infrastructure subsidy, Indian Premier League, expenditure by associations, processes, mechanism of claims and investment strategies were held during the workshop.
Meghalaya Cricket Association secretary and member, BCCI NADP committee, Naba Bhattacharjee stressed the need to inculcate the habit of strict financial and accounting procedures.
“Such methods are imperative as managing finances and adopting a transparent procedure would be a challenge in the coming days for the NADP states,” he said.
Bhattacharjee lauded the prompt initiative of the chief financial officer to his suggestion for conducting the course, while expressing gratitude to the Committee of Administrators (CoA) for approving the course.