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{{unreferenced |date= October 2012}} | {{unreferenced |date= October 2012}} | ||
In the [[Civil Services of India]], an '''Integrated financial advisor''' (IFA) is supposedly representative of Ministry of finance and is attached to any executive (higher or equal to the level of level of joint secretary in civil and brigadier in military) to assist it in the exercise of financial powers. The role of Financial Advisor is now considered akin to CFO (Chief Financial Officer) in Corporate Sector. The IFA is of the rank of joint secretary and of additional secretary. The IFA is selected jointly by the administrative machinery and the [[Ministry of Finance (India)|finance ministry]]. He or she is under joint control and answerable to both. | In the [[Civil Services of India]], an '''Integrated financial advisor''' (IFA) is supposedly representative of Ministry of finance and is attached to any executive (higher or equal to the level of level of joint secretary in civil and brigadier in military) to assist it in the exercise of financial powers. The role of [https://myadvisers.net Financial Advisor] is now considered akin to CFO (Chief Financial Officer) in Corporate Sector. The IFA is of the rank of joint secretary and of additional secretary. The IFA is selected jointly by the administrative machinery and the [[Ministry of Finance (India)|finance ministry]]. He or she is under joint control and answerable to both. | ||
The post of IFA was first introduced in the [[Ministry of Shipping (India)|ministry of shipping and transport]] in 1974 on an experimental basis and after then extended to all ministries of the central government in 1975 and 1976 | The post of IFA was first introduced in the [[Ministry of Shipping (India)|ministry of shipping and transport]] in 1974 on an experimental basis and after then extended to all ministries of the central government in 1975 and 1976 |
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