The Combined Finance and Revenue Accounts of the Central
and State Governments in India
Article 18
The Comptroller and Auditor-General of India submits to the
President a Financial Statement incorporating a summary of the accounts of the Central
Government and of all the States for the last preceding financial year. This General
Financial Statement which is called the Combined Finance and Revenue Accounts of the
Central and State Governments in India presents the transactions of all the Governments
side by side classified under the several major and minor heads of accounts classification,
thus incidentally enabling a comparison to be made for statistical or their purpose of the
receipts and expenditure of the several Governments pertaining to each branch of
administration of to activities of a similar nature.
Authorities Responsible for the Preparation of Annual Accounts of the
Central Government and State Government
Article 17
(i) The annual accounts (including Appropriation Accounts) of the
Central Government and of each State Government shall be prepared in the form
prescribed by the President on the advice of the Comptroller and Auditor-General of
India under Article 150 of the Constitution of India. These accounts shall be submitted to
the Parliament and to the respective State Legislature on or before such dates as may be
determined with the concurrence of the Government concerned.
(ii) The Annual Accounts (including Appropriation Accounts) in respect of State
Governments are prepared by the concerned Accountant-General and submitted to the
Comptroller and Auditor-General of India for approval and transmission to the Governor
of the State concerned along with his report thereon in terms of Article 151 (2) of the
Constitution and Section 11 of the Comptroller and Auditor-General’s (Duties, Powers
and Conditions of Service) Act, 1971 for being laid before the Legislature.
(iii) Appropriation Accounts of Central Ministries (other than Ministry of
Railways) and or Central Civil Departments shall be prepared by the respective
Ministries and Departments under the guidance and supervision of the Controller General of Accounts, and signed by their Chief Accounting Authority. Union Government Appropriation
Accounts by condensing and consolidating the aforesaid (Civil) required to be submitted
to Parliament shall be prepared by the Controller General of Accounts Appropriation
Accounts. Appropriation Accounts pertaining to Department of Posts and Telegraphs,
Railways and Defence shall be prepared and signed by the Secretaries to the Government
of India in the Ministries of Communications, Railways and Financial Adviser, Ministry
of Finance (Defence) respectively
(iv) Annual Accounts of the Government of India as a whole (including
transactions of Departments of Posts and Telegraphs, Defence and Railways and
Transactions under Public Accounts of India and Union Territory Governments) showing
under the respective heads the annual receipts and disbursement for the purpose of the
Union, shall be prepared by the Controller General of Accounts.
(v) The Accounts mentioned in (iii) and (iv) above, shall be prepared by the
respective authorities on dates mutually agreed upon with the Comptroller and Auditor General of India in the form prescribed by the President on the advice of the Comptroller and Auditor-General and sent to the latter for recording his certificates. The Certified
Annual Accounts and the Reports relating to the accounts shall be submitted by the
Comptroller and Auditor-General to the President in accordance with provisions of
Section 11 of the Comptroller and Auditor-General’s (Duties, Powers and Conditions of
Service) Act, 1971 and clause (1) of Article 151 of the Constitution of India)
Course Purchase Query 