Audited balance sheets stand as the foremost and most trustworthy instrument for assessing the authentic financial status and performance of a municipality. Their credibility cannot be overstated. Over time, these meticulously prepared balance sheets have the potential to play a pivotal role in empowering municipalities in several ways. Janaagraha has been instrumental in this process, facilitating the preparation of audit reports for all 188 Urban Local Bodies (ULBs) in Rajasthan. Furthermore, they are actively engaged in crafting a financial sustainability roadmap tailored to the ULBs across the state. These guidelines have played a crucial role in enabling the empanelment of chartered accountants for these ULBs, with an impressive track record of over 150 ULBs successfully completing audited annual accounts for the fiscal year 2014–15.
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