Audit Reports

AUDIT OF TRANSACTIONS OF NORTH CACHAR HILLS AUTONOMOUS COUNCIL (NCHAC) SPECIAL AUDIT OF NCHAC The Government of Assam and the Government of India requested Audit to conduct a special audit of the funds released to NCHAC. Accordingly, audit was conducted for the period from 2007-08 to.........

S. D. Products 21.11.06 20.11.08 679 Land 0.90 0.08 0.02 0.09 185 Mahavir Feeds 12.12.06 11.12.08 658 Land 11.51 0.98 0.22 1.20 186 Techno India 14.12.06 13.12.08 656 Land 1.50 0.13 0.03 0.16 187 Bright Metal works 15.12.06 14.12.08 655 Land 2.00 0.17 0.04 0.21 188 A. B. Enterprises 21.12.06.........

3. Audit of accounts of Government companies is conducted by the CAG under the provisions of Section 619 of the Companies Act, 1956. 4. In respect of Bihar State Road Transport Corporation and Bihar State Electricity Board which are Statutory corporations, the Comptroller and Auditor General.........

Despite being pointed passengers which evidences inadequate out by the CAG, the Corporation could and ineffective system of checking. This is not remove the deficiencies with respect to one area for the Corporation to phig maintenance of books of accounts. leakage of revenue. Further, the.........

55.74 crore). companies are audited by Statutory Audit noticed various deficiencies in the Auditors appointed by CAG. These functioning of PSUs. A review of three accounts are also subject to supplementary years’ Audit Reports of CAG slums that aiulk conducted by CAG. Audit of the.........

No. 3 & 14 of working companies and Sr. No. 7 to 12 of non-working companies. # and CAG and is denoted by (+) increase in profit/ decrease in losses (-) decrease in profit/ increase in Impact of accounts comments include the net impact of comments of Statutory Auditors losses. Capital.........

audit of their accounts in addition to the audit conducted by the Chartered Accountants appointed by the State Government in consultation with CAG. In respect of Assam State Electricity Regulatory Commission, CAG is the sole auditor. The Audit Reports on the annual accounts of all these.........

The accounts of 25.48 crore were controllable with better of Government companies are audited by Statutory management. Auditors appointed by CAG. These accounts are also Thus, there is tremendous scope to improve the subject to supplementary audit conducted by CAG. Audit of Statutory.........

duty on the Board of Directors of a Company to place the accounts of the Company along with Auditor’s Report (including supplementary comments of CAG) in the Annual General Meeting of the shareholders within six months of the close of its financial year. As per Section 210 (5), if any person.........

-83.63 3522.26 -12.20 1606.83 -1278.52 4186.18 118.18 2.82 w Impact of accounts comments include the net impact of comments of Statutory Auditors and CAG and is denoted by (+) increase in profit/ decrease in losses (-) decrease in profit/ increase in losses. ® Capital employed represents net.........

pertaining to the years 2002-03 to 2007-08, is given below: Table-2.2: Details of paragraphs for which Action Taken Notes were not furnished CAG’s Audit No. of No. of paragraphs for which No. of paragraphs for Report paragraphs ATNs were furnished by the which ATNs were due included.........

I | (UK? 0.009 | Non review | CL05 | (KOI? | 0.05 U0I? 0.00 Impact of accounts comments include the net impact of comments of statutory auditors and CAG and is denoted by (+) increase in profit decrease in loss t-i decrease in profit increase in losses. Capital employed represents net fixed.........

audit of their accounts in addition to the audit conducted by the Chartered Accountants appointed by the State Government in consultation with CAG. In respect of Assam State Electricity Regulator}- Commission. CAG is the sole auditor. The Audit Reports on the annual accounts of all these.........

The PSUs of Government companies are audited by Statutory can discharge their role efficiently only if they are Auditors appointed by CAG. These accounts are also financially self-reliant There is a need for subject to supplementary audit conducted by CAG. professionalism and.........

2,769.48 (-) 28.50 1303.31 (-) 1,102.85 3,177.86 (-) 67.18 Impact of accounts comments include the net impact of comments of Statutory Auditors and CAG and is denoted by (+) increase in profit/ decrease in losses (-) decrease in profit/ increase in losses. ~ Capital employed represents net fixed.........

the duty on the Board of Directors of a Company to place the accounts of the Company along with Auditor's Report (including supplementary comments of CAG) in the Annual General Meeting of the shareholders w ithin six months of the close of its financial year. As per Section 210 (5). if any person.........