Audit Reports

APPENDICES  Appendices   APPENDIX– 1.1 (Referred to in paragraph 1.4.1) Statement showing year-wise position of inspection reports and paragraphs pending settlement Sl. No. Name of the Department Upto 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 Total IR Para IR Para............

CAG has a r ight to conduct a supplementary audit and issue comments upon or supplement the Aud it Report of the statutory auditor. Statutes governing some corporations requi re that their accounts be audited by the CAG and a report be submitted to the Parliament . 2.2 Timely Appointment............

Financial Performance of Central Public Sector Enterprises CHAPTER I 1.1 Introduction This Report presents the financial performance of Government Companies, Statutory Corporations and Government Controlled Other Compan ies. The term............

tment of Public Enterprises (DPE) Corporate Social Responsibility Environment Society Consumers Investors Chart 4 .1 Corporate Social Responsibility Report No. 18 of 2018 64 issued O.M on Observance of transparency and due diligenc e in selection and implementation of activities under CSR by............

joint venture in India or abroad, create below Boar d level posts, raise debt from the domestic capital markets and from international markets etc. Report No. 18 of 2018 98 Government in respect of Navratna CPSEs from time t o time. All the proposals involving investment over and above the............

The Ind AS were modelled on the International Financial Report ing Standards (IFRS) which were different from the Indian Generally Accepted Accoun ting Principles (IGAAP) framework mainly in three key aspects i.e. fair valuation, su bstance over legal form and emphasis on the Balance Sheet. 8.2............

The bank will examine the Beneficiary's demand and, if it complies with the terms of the letter of credit, will honour the demand Report No. 11 of 2018 51 could arrange committed buyers for only 3000 MT of Manganese Ore out of 23740 MTs to be shipped to Vizag Port. The company imported a............

M/s Deloitte Haskins & Sells was appointed fo r the audit (February 2014). CHAPTER IX: MINISTRY OF PETROLEUM AND NATURAL GAS Report No. 11 of 2018 83 The BoD of the Company simultaneously decided (November 2013) on an audit of VEDPL and negotiations for acquisition. The Chairma n & Managing............

Report No. 11 o f 2018 ix I Introduction 1. This Report includes important audit findings noti ced as a result of test check of accounts and records of Central Government Companie s and............

Heavy Engineering Corporation Limited, Indian Oil Company Limited, BPCL and National Highways Authority of India 191 Chapter XV FOLLOW UP ON AUDIT REPORTS (COMMERCIAL) 192 Appendix I 195 Appendix II 198 Appendix III 199 Annexures............

and guidelines for operati on and maintenance of aircrafts, provisions of service level agreements and agreemen ts entered into with lessors of the Report No. 11 of 2018 4 aircrafts, decisions of Board of Directors, Standar ds for crew deployment and provisions of Memorandum of Understanding............

Report No. 11 of 2018 191 CHAPTER XIV- RECOVERIES AND CORRECTIONS/ RECTIFICATIONS BY CPSEs AT THE INSTANCE OF AUDIT Airports Authority of India, Airline Allied Service s Limited, Bharat Coking Coal Limited, Bharat Heavy Electricals Limited, Export...

to excess settlement of claim, Incorrect Payment of profit commission, recovery from Third Party Administrators and Administrative officers 7.97 7.97 Report No. 11 of 2018 196 Finance National Insurance Company Limited Pending recovery from resigned/ retired employee and parties 8.12 7.20 Heavy............

Suburbs and Planning 3 D, G-North, K-West, P-South, M-East and S Wards 4 Capital works-47 and maintenance works- 141 Annual Technical Inspection Report (Local Bodies) for the year ended 31 March 2017 34 scrutiny. In total 29 contracts of capital works and 141 contracts of maintenance works............

Tamil Nadu Warehousing Corporation Limited 2015 -16 7.61 2016 -17 --- --- 81.00 TOTAL 7,1 41.84 23,779.07 2,342.83 Audit Report (Public Sector Undertakings) for the year ended 31 March 201 7 126 ANNEXURE -2 Summarised financial position and working results of Government companies and Statutory............

3 Government PSUs include other companies referred to in Section 139 (5) and 139 (7) of the Companies Act, 2013. CHAPTER - I Audit Report (Public Sector Undertakings) for the year ended 31 March 201 7 2 Accountability frame work 1.2 The process of audit of Government companies is governed by............

Audit Report (Public Sector Undertakings) for the year ended 31 March 201 7 170 Abbreviation Description ADA Advanced Diagnostics Analysis APM............

CHAPTER - II Audit Report (Public Sector Undertakings) for the ye ar ended 31 March 201 7 22 Forced outages VGTPS-II tripped in January 2015, within the warranty period. Though TANGEDCO found that the Original Equipment Manufacturer (OEM) was also responsible for the tripping of the unit,............

3 .1.2 The details of tax revenue raised during the period from 2012 -13 to 2016 -17 are given in Table 3.2 . I Audit Report for the year ended 31 Marc h 2017 58 Table 3.2 - Details of Tax Revenue raised (` in crore) Sl. No. Heads of revenue 2012 - 13 2013 - 14 2014 - 15 2015 - 16 2016 - 17............

8) Details of IRs issued upto March 2017 and paragraphs pending as on September 2017 Sl.No Name of the Department/ Directorate/Societies Inspection Reports Paragraphs (1) (2) (3) (4) 1 Accounts and Treasuries 19 52 2 Adi - Dravidar Welfare 18 118 3 Agriculture 55 233 4 Animal Husbandry and............

97 Annexure -1 (Referred to in Paragraph 1.6.3) Department -wise details of Inspection Reports and Paragraphs pending Sl. No. Name of the Department Number of Outstanding Inspection Reports Audit Observations 1 Public Works Department............