Audit Reports

GP 1668 10.43 43.47 53.90 43.38 10.52 Total 1814 211.97 405.83 617.80 417.98 199.82 Government did not frame rules and manuals for preparation of budget and accounts in PRIs in tune with the revised accounting formats. This contributed to the poor accounting and financial reporting by the............

GP 1668 10.43 43.47 53.90 43.38 10.52 Total 1814 211.97 405.83 617.80 417.98 199.82 Government did not frame rules and manuals for preparation of budget and accounts in PRIs in tune with the revised accounting formats. This contributed to the poor accounting and financial reporting by the............

No PRIs Test Checked Budget/ Expenditure Audited Number of paras Money Value 1. Zila Parishads 505.75 338 405.98 2. Panchayat Samitis (including Gram panchayat 718.20 3149 349.64 The important audit findings are discussed in the succeeding chapters. 3 CHAPTER -2 ACCOUNTING PROCEDURES 2.1............

PROCEDURES Introduction 1.1 1 Administrative arrangements 1.2 1 Accounting arrangements 1.3 2 Audit arrangements 1.4 3 Source of revenue 1.5 3 Budgetary allocation and expenditure 1.6 3 Position of outstanding loans 1.7 4 Position of outstanding audit paragraphs 1.8 4 Bank-reconciliation............

As against the budget provision of Rs.452.74 crore under State and State share of Centrally Sponsored Schemes under Plan funds, the actual expenditure incurred by LSGIs was only Rs.154.22 crore. As against an amount of Rs.312.36 crore available for the implementation of six Centrally............

No PRIs Test Checked Budget/ Expenditure Audited Number of paras Money Value 1. Zila Parishads 505.75 338 405.98 2. Panchayat Samitis (including Gram panchayat 718.20 3149 349.64 The important audit findings are discussed in the succeeding chapters. 3 CHAPTER -2 ACCOUNTING PROCEDURES 2.1............

The Report consists of two Parts. Part I on Urban Local Bodies (ULBs) and Part II on Panchayati Raj Institutions (PRIs). Part I is divided in to two Chapters, Chapter I on Overview on finance of ULBs including the accounting procedures; Chapter II...

There was shortfall in certification of accounts by Chartered Accountants during the years 2008-13. The budgets prepared by the ULBs were not realistic as evidenced by savings in both receipts and payments vis-a-vis budget provisions. The ULBs did not utilise the entire Thirteenth Finance............

(Paragraph 1.3.2) The Steering Committee to oversee the implementation of budget and accounting formats, as suggested by the Task Force, was not formed (October 2008) (Paragraph 1.3.3.) The second State Finance Commission (SFC) recommended (December 2003) the need for building up database............

Financial Code, Manual of Contingent Expenditure, Karnataka Public Works Accounts Code, Karnataka Public Works Departmental Code, Stores Manual, Budget Manual, other Departmental Manuals, standing orders and instructions. 1.9.2 Annual Accounts of ZPs and TPs are prepared in five statements............