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It was the 74th amendment to the Constitution of India in 1992 that brought constitutional validity to municipal or local governments. Until amendments were made in respective state municipal legislations as well, municipal authorities were organised on an ultra vires (beyond the authority) basis and the state governments were free to extend or control the functional sphere through executive ...
The primary bodies in each country are affiliated to the International Federation of Accountants while a few do not belong to IFAC as they operate more like specialist bodies helping the work of accountants and auditors such as the field of taxation, forensic auditing and systems auditing. These bodies include:
This local government structure extends up to the district level. The urban local government is commonly referred as "urban local bodies" (ULBs). Municipal corporations, municipal councils, and nagar panchayats are examples of urban local bodies responsible for managing local affairs, such as infrastructure development, public health, and ...
Its central civil servants serve in an audit managerial capacity in the Indian Audit and Accounts Department (IA&AD), and are responsible for auditing the accounts of the Union government and state governments, as well as their public commercial enterprises and non-commercial autonomous bodies. [6]
The urban local bodies act as platform between the people in the urban areas and the administration. According to 2011 census of India, Tamil Nadu has about 48.45% of total population living in urbanised areas. [11] Depending on the population and income of the urban local bodies, they are further classified into three categories. [12]
Class A S.No Name Url 1 Achalpur Municipal Council: 2 Yavatmal Municipal Council: 3 Beed Municipal Council: 5 Udgir Municipal Council: 6 Osmanabad Municipal Council: 7 Ambarnath Municipal Council: 8 Kulgaon Badlapur Municipal Council: 9 Gondia Municipal Council: 10 Hingan Ghat Municipal Council: 11 Wardha Municipal Council: 12 Bhusawal ...
Chennai Corporation, established in 1688, is the oldest urban body in India and is the second oldest corporation in the world after London. [5] As of 2024, there are 25 municipal corporations in Tamil Nadu.
Non-compliance of these standards by the members will lead to disciplinary action against them. The technical standards issued by ICAI include Accounting Standards, Engagement, and Quality Control Standards, Standards on Internal Audit, Corporate Affairs Standard, Accounting Standards for Local Bodies, etc.