Accounts in Arrear

 AMG-II (LAD) 

Annual accounts of ULBs

              Accounting Manual for ULBs in West Bengal (except Kolkata Municipal Corporation) based on the National Municipal Accounts Manual was prepared in February 2006 for switching over to double entry accounting system.  Accordingly, Section 84 (effective from 1 October 2006) of the West Bengal Municipal Act, 1993 and Rule 22 (2) (with effect from 1 January 2007) of the West Bengal Municipal (Finance and Accounting) Rules, 1999 were amended for mandatory preparation of Balance Sheet, Income & Expenditure Account, Receipts & Payments Account and Cash Flow Statement with effect from the financial year 2006 – 07 for the ULBs in Kolkata Metropolitan Area and from 2007 – 08 for other ULBs. Within six months of the close of a year, a financial statement for the preceding year in respect of a municipality shall be prepared in the form and manner prescribed and presented before a meeting of the Board of Councilors.

              The West Bengal Municipal Act, 1993 and the Acts governing other Municipal Corporations envisage that the accounts of such bodies shall be examined and audited by an auditor appointed by the State Government.  Accordingly, the State Government in exercise of the power conferred by the Municipal Acts of the State appointed the Examiner of Local Accounts (ELA), an officer of the Indian Audit & Accounts Service, as the Auditor for audit of the accounts of the Urban Local Bodies.