Jawaharlal Nehru National Renewal Mission (JNNURM) is giving a thrust to improvement of Basic infrastructure in cities; some reforms have become mandatory for the Local Bodies. One of them being shift to accrual based accounting system, to carry on Budgetary Reforms and implement Financial Management systems. ICAI is now coming out with disclosure norms for the Financial Statements of Local Bodies where implementation of AS for Local Bodies would be mandatory. PGJ’s consulting division has a special cell catering to the requirements of Local Bodies for carrying out mandatory reforms. PGJ is also helping the State Governments to Monitor the Financial Reforms taking place in some of the Ministries. The consulting team for Local Bodies includes Senior Partners, Senior Associates and Experienced Qualified personnel.