Municipal Finance
Event Report: Felicitation of ULBs in Rajasthan for Outstanding Performance in Accounting and Audit Reforms
2017
Event Report : Felicitation of ULBsin Rajasthan for outstandingperformance in Accountingand Audit Reforms

ULBs (Urban Local Bodies) in Rajasthan have marked a significant achievement by transitioning from single-entry accounting to double-entry accounting. This transition has enabled them to produce audited financial statements through the engagement of chartered accountants. It represents a pivotal first step towards ensuring financial sustainability, which, in turn, empowers these bodies to enhance the quality of life for their citizens.