Regular government accounts are on a cash basis — they record only actual receipts and payments during the year. Proforma accounts apply accrual/commercial principles (like depreciation, stock valuation, cost of production) and are maintained separately to evaluate commercial performance. The same transactions appear in both, but proforma accounts add commercial dimensions that cash accounts cannot show.
Source: GAR Rule 18
What is the sequence of certification?
Why must Ministerial oral orders be confirmed in writing even when they follow the rules?
Does this rule apply to social media accounts of Ministries as well?
What is the key difference between a D.O. letter and a regular letter?
Who is responsible for keeping the residential address list of Section staff?
This answer is for informational purposes only and does not constitute legal advice. Always refer to the original rules and consult competent authorities for official interpretation.