Audit Reports

the CAG appoints the Chartered Accountants as Statutory Auditors for companies and gives directions on the manner in which the acc ounts are to be audited. In addition, CAG has the right to conduct a supplementary audit. The statutes governing some Statutory Corporations require their accounts........................

for the financial year beginning on April 1st and ending on March 31st following, as finally recorded in the Accounting authority’s b ooks (as audited by C&AG). Provisional Accounts refers to the unaudited accoun ts. 2. ‘Administrative approval’ of a scheme, proposal or work. - is the........................

of Loans and Advances 9.26 5.61 -3.65 Closing Cash Balance with RBI 2,627.83 2,745.33 117.50 Total 15,480.43 15,474.93 -5.50 Source: Finance Accounts, 2020-21 Chart 2.1: Composition of Resources (In per cent ) Chart 2.2: Application of Resources (In per cent ) 2.3 Resources of the State........................

Executive Summary vii EXECUTIVE SUMMARY The Report This Report provides an analytical review of the fi nances of the State Government based on the audited accounts of the Government of Nagaland for the year ending 31 March 2021. The Report is structured in five Cha pters. Chapter I- Overview of........................

These accounts are audited independently by the Pri ncipal Accountant General (Audit), and certified by the CAG. Finance Accounts and Appropriation Accounts of the State constitute the core data for this report. Other sources include the following: Budget of the State: for assessing the........................

The various components of budget are depicted in the chart below: Source: Appropriation Accounts, 2020-21 The above chart indicates that the Supplementary Gr ant of ₹5,826.79 crore was not required as the gross expenditure was ₹1,577.03 crore more than the Original Provisions. It is........................

No Remarks Total Accounting entries Risk Involved Sample Size No. of Accounting entries Amount accounting entries audited Amount Funds transferred to PD accounts and left un utilised lapsed 15 10,895.67 High 15 10,895.67 Revalidation of CASP funds during current F.Y. against the unutilised funds........................

Chapter 4 Quality of Accounts and Financial Reporting Practices 4.1 Introduction A sound internal financial reporting system an d compliance with rules and procedures........................

The compensation payable to the State is to be calculated for every financial year after the re ceipt of final revenue figures, as audited by the Comptroller and Auditor Ge neral of India. The protected revenue for any year of a State is to be calculate d by applying the projected growth rate........................

± 1 Overview Profile of the State 1.1 1 Basis and approach to State Finances Audit report 1.2 6 Report Structure 1.3 6 Overview of Government Accounts structure 1.4 7 Budgetary Process 1.5 9 Snapshot of Finances of the State 1.6 10 Snapshot of Assets and Liabilities of the Government 1.7........................

These accounts are audited independently by the Accountant General (Audit) and certified by the CAG. Finance Accounts and Appropriation Accounts of the State constitute the core data for this Report. Other sources include the following: x Budget of the State: for assessing the fiscal........................

2020-21 Approval by the Legislature Implementation by the Governmennt Source : Based on the procedure prescribed in Budget Manual and Appropriation Accounts 3.2 Budget Preparation Process The annual exercise of budgeting is a means for detailing the roadmap for efficient use of public resources.........................

State Finances Audit Report fo r the year ended 31 March 2021 0ƒ‰• ȁ ʹͲͲ Appendix 7.2 Acronyms and Abbreviations Acronym Accounts & Entitlement Andhra Pradesh Brahmin Corporation Abstract Contingent Accountant General AIC-AMTZ Atal Incubation Centre - Andhra Pradesh........................

No Remarks Total Accounting entries Risk Involved Sample Size No. of Accounting entries Amount Sample accounting entries audited Amount 1 Funds transferred to PD accounts and left un - utilised lapsed 15 10,895.67 High 15 10,895.67 2 Revalidation of CASP funds during current F.Y. against the........................

Chapter 4 Quality of Accounts and Financial Reporting Practices 4.1 Introduction A sound internal financial reporting system an d compliance with rules and procedures........................

± 1 Overview Profile of the State 1.1 1 Basis and approach to State Finances Audit report 1.2 6 Report Structure 1.3 6 Overview of Government Accounts structure 1.4 7 Budgetary Process 1.5 9 Snapshot of Finances of the State 1.6 10 Snapshot of Assets and Liabilities of the Government 1.7........................

These accounts are audited independently by the Accountant General (Audit) and certified by the CAG. Finance Accounts and Appropriation Accounts of the State constitute the core data for this Report. Other sources include the following: Chapter Overview hapter describes the basis and........................

State Finances Audit Report for the year ended 31 March 2021  ƒ‰‡
trr  Appendix 7.2 Acronyms and Abbreviations Acronym Full Form A&E Accounts & Entitlement ABC Andhra Pradesh Brahmin Corporation AC Abstract Contingent AG Accountant General AGM Annual General Meeting AIC-AMTZ Atal........................

trends during the five-year period 2016-17 to 2020-21, debt sustainability of the State and key Public Account transactions based on the Finance Accounts of the State. Major changes in key fiscal aggregates during 2020-21 2019-20 This secPion gives a bird’s eye view of Phe major changes in........................

1,38,416.87 1,04,760.28 727.72 100.00 Grand Total 2,28,734.45 26,782.39 2,55,516.84 3,04,273.98 48,757.14 42,378.23 99.94 Source : Appropriation Accounts of 2020-21. * Including Ways and Means Advances (Budget Provision: NIL and repayments during the year: 1,04,539.24 crore) nd Capital........................

15 Chapter - 4 Ambient air quality in Gujarat 4.1 Framework to measure ambient air quality in the State Ambient Air refers to any unconfined portion of the atmosphere or outdoor air. The respiratory air consists of Oxygen ( 20.95 per cent ),...

25 Chapter - 5 Air p ollution d ue to s ource e mission 5.1 Installation of online continuous emission monitoring s ystem In the era of rapid industrialization, there is a need to regulate pollution compliance by industries with minimal human...

Gujarat accounts (November 2020) for 10.09 per cent of the total thermal power installed capacity of India and has 47 TPP s of different installed capacities . In January 2010, the installed capacity of TPPs in the State was 10,590.85 MW (including gas bas ed ) which increased to 23,347 MW (by........................

59 C hapter - 10 Other important issues 10.1 Utilization of funds received from forfeiture of bank guarantees GPCB imposes a penalty and collects Bank Guarantee (BG) under the “Polluter Pays” Principle towards compensation of environmental...

11 Chapter - 3 Audit framework 3.1 Audit objectives The Performance Audit was conducted to assess whether ,  the system for enforcement of the provisions of the Air (Prevention and Control of Pollution) Act, 1981 was efficient and effective, ...

1 Chapter - 1 Introduction Government of India enacted (March 1981) the Air (Prevention and Control of Pollution) Act, 1981 (The Air Act) for prevention, control, and abatement of air pollution . The Air Act defines air pollution as “presence in...

or ‘low’ average household power consumption were treated as high ri sk (based on village-wise average household power consumption data for 2019-20) and s elected for audit while 10 per cent of the remaining villages were selected using SRSW OR. The villages were selected with a maximum........................

3 II : 4 / III : 5 6 : I : 1 : 31 2020 51 16 51 48 2015-16 2019 -20 2,967.38 2015-16 7.06 3,176.75 2019 -20 1.1.1 1.1.9 31 2020 19 2,785.33 2015 -16 2019-20 19 31 2020 vi 26.97 1,132.53 849.40 283.13 2015-16 2019 -20 554 1.1.10 2 : 31 2020 4,266.12 25.56 74.44 34.32 65.68 ( 1.2.3) 2019 -20 283.13........................

of Power Sector Public Sector Undertakings Introduction 1.2.1 - 1.2.2 7 Investment in Power Sector PSUs 1.2.3 8 Reconciliation with Finance Accounts of GoA 1.2.4 8 Budgetary outgo of GoA 1.2.5 9 Submission of Accounts 1.2.6 - 1.2.7 10 Operational Performance of PSUs 1.2.8 - 1.2.11 11........................

The decision on short term deposits (STDs) were tak en by the officials in the Finance and Accounts wing of the Company with the approval of the Managing Director. The amount of investment in STDs, which was ₹ 415.56 crore in 2017-18 increased to ₹ 898.23 crore in 2020-21. An instance of loss........................

5.3:-Trend of expenditure on Afforestation, Wi ldlife and Bio-diversity during 2015-20 (₹ in crore) Area/ Year 2015-16 2016-17 2017-18 2018-19 2019-20 Total Afforestation: State CAMPA 109 APOs - 30.00 70.00 45.84 - 145.84 Actuals 11.33 22.85 33.36 37.14 32.02 136.70 104 All lands more than........................

During 2019-20, against a total of 360 auditable un its, 131 units were planned and 128 units were audited. The details are given in Appendix – II. 1.9 Results of Audit 1.9.1 Position of audit conducted during the year Audit test checked records of 128 offices of Financ e (Taxation), State........................

(Paragraph 2.4.6.5-II)  In 24 cases, sanctioned amount of SGST component in volving ₹ 25.89 lakh was not credited to the claimant accounts. (Paragraph 2.4.6.6-I) Subject Specific Compliance Audit on “Transitional Credits under GST”  47 taxpayers had carried forward balance ITC of VAT........................

During FY 2019-20, out of total 49 SsE/DSsE offices in Assam, audit te st checked records of 14 SsE/DSsE Offices 88 . Audit noticed that at six erstwhile bonded warehouses (out of 28 existing erstwhile bonded warehouses) under the jurisdiction of four SsE Offices 89 , excise personnel remained........................

55 Chapter-VI Revenue and Disaster Management 55 81 6.1 Administration Management of levy and collection of stamp duty and registration fees is the responsibility of both the Government of India (GoI ) and the State Government. The Indian Stamp Act, ...

6 Non levy of penalty for delay in submission of audited accounts, duplicate copies of statutory forms, etc . 7 Circular No.17/17/2017-GST dated 15.11.2017 and N o.24/24/2017-GST dated 21.12.2017 (No similar circular found to be issued by the Governme nt of Assam (GoA). 8 Circular No.........................

during the five-year period from 2016-17 to 2020-21 , debt sustainability of the State and key Public Account transactions, based on the F inance Accounts of the State. Information was also obtained from the State Govern ment where necessary. 2.2 Major changes in Key Fiscal Aggregates during 2........................

These accounts are audited independently by the Principal Accountant General (Audit), and certified by the CAG. Finance Accounts and Appropriation Accounts of the State for the year 2020-21 constitute the core data for this Report. Other sou rces include the following:  Budget of the State for........................

Executive Summary Executive Summary 1 The Report Based on the audited accounts of the Government of Assam for the year ending 31 March 2021, this Report provides an analytical r eview of the finances of the........................

Voted 1,13,908.41 75,350.30 -38,558.11 Charged 8,433.25 7,538.33 -894.92 Total 1,22,341.66 82,888.63 -39,453.03 Source: Appropriation Accounts As can be seen from Table 3.1 that during the year 2020-21, Government of Assam (GoA) incurred total expenditure of ₹ 82,888.63 crore........................

Revenue-Voted 538.27 332.7 -205.57 6.9 - 6.9 14 12 District Administration Capital-Voted 106.67 56.15 -50.52 0.5 - 0.5 15 13 Treasury and Accounts Administration Revenue-Voted 118.16 87 -31.16 0.04 - 0.04 16 14 Police Revenue-Voted 4,564.17 4,102.25 -461.92 406.95 - 406.95 17 14 Police........................

These accounts are audited independently by the Audit Wing of the office and certified by the CAG. Finance Accounts and Appropriation Accounts of the State constitute the core data for this report. Other sources include the following: Budget of the State: for assessing the fiscal parameters........................

Chartered Accountants as Statutory Auditors for the financial audit of Companies and gives directions on the manner in which the accounts are to be audited. In addition, the CAG has right to conduct a supplementary audit. The statutes governing some Statutory Corporations require their accounts........................

The analysis has been made based on the State Finance Accounts and information obtained from State Government. 2.2 Major Changes in key Fiscal Aggregates vis-à-vis 2020-21 Table 2.1 below gives a bird’s eye view of the major changes in key fiscal aggregates of the State during 2020-21,........................

of the State Government is depicted below: State Finances Audit Report for the year ended 31 March 2021 66 3.3 Annual Budget 2020-21 Appropriation Accounts are accounts of the expenditure, voted and charged, of the Government for each financial year compared with the amount of voted Grants and........................

EXECUTIVE SUMMARY EXECUTIVE SUMMARY vii 1 The Report Based on the audited accounts of the Government of Arunachal Pradesh for the year ending March 2021, this report provides an analytical review of the finances of........................

CHAPTER-IV Quality of Accounts and Financial Reporting Practices 95 4.1 Introduction Sound internal financial reporting system and compliance with rules and procedures........................

APPENDICES 123 Appendices APPENDIX 1.1 Part – A Layout of Finance Accounts (Reference: Paragraph-1.5; Page-7) The Finance Accounts (Revised format introduced from 2015-16) have been divided into two Volumes – I........................

Basis and Approach to State Finances Audit Report 1.24 Report Structure 1.34 Overview of Government Account Structure 1.45 Structure of Government Accounts 1.57 Budgetary Processes 1.67 Summarised Position of Finances 1.78 Snapshot of Assets and Liabilities of the Government 1.88 Trends in Key........................