The councils of industrial and commercial groups should compile budget books two months before the start of the financial year, send the budget books to boards of supervisors for auditing, then the boards of supervisors should write auditing report and announce the reports at general meetings for approval, and finally, the budget should be sent to competent authorities for check and reference before the start of the financial year; in case the general meetings could not be convened on time, the budget should be first submitted to competent authorities and reported to general meetings afterwards.The formats of budget books of income and expenditure are as appendix 5.