Section 84 in The Andhra Pradesh Municipalities (Preparation of Accounts) Rules, 2017
84. Financial Statements at the end of each quarter.
(1)The municipality shall also prepare the Financial Statements like the Balance Sheet, Income and Expenditure Statement, Statement of Cash flows and Receipts and Payments Account, at the end of each quarter.(2)The Balance Sheet shall disclose figures as on a date for the current year and the previous year, Income and Expenditure Statement, Statement of Cash flows and the Receipts and Payments Accounts shall disclose quarterly figures, progressive year-to-date totals and the figures of the corresponding quarter of the previous year; and the quarterly movements in various accounts. In addition, the Income and Expenditure Statement shall also disclose the annual budget figures.(3)The Financial Statements at the end of each quarter shall be prepared within one month of the end of relevant quarter and shall be placed before the Council.
