Definitions of Public Works Account Code PIPFA Online

In this video, important definitions of public works account code of Central public works account is explained, which is paper of level-iv of PIPFA Public Sector. It is first part of definitions. Public Works Account Code is a part of Central Public Works CPWA.
These definitions are commonly used in the code.
In this part following definitions were discussed:
Accountant General
Admin Approval
Advance payment
assets
bank
commercial bank
book transfer
competent authrority
completion and completion
contigencies
contract and contractor
department
deposit works
detailed head
major head
minor head
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