The State Finances Audit Report of the Government of Andhra Pradesh intends to assess the financial performance of the State during 2018-19 and to provide the State Legislature with inputs based on audit analysis of financial data. The Report attempts to analyse the financial performance against the targets envisaged by the Andhra Pradesh Fiscal Responsibility and Budget Management (Amendment) Act, 2011, the 14th Finance Commission Report and Budget Estimates of 2018-19. The Report contains three Chapters.
Chapter 1 is based on the Audit of Finance Accounts and makes an assessment of the Andhra Pradesh Government’s fiscal position as on 31 March 2019. It provides an insight into the trends in revenue, expenditure, repayment of debt and borrowing patterns.
Chapter 2 is based on audit of the Appropriation Accounts and gives grant-wise description of appropriations and the manner in which the allocated resources were managed by the service delivery departments.
Chapter 3 is an inventory of Government of Andhra Pradesh’s compliance to various reporting requirements and financial rules.