Audit Reports

Audit of Government companies is governed by Section 619 of the Companies Act, 1956. The accounts of Government companies are audited by Statutory Auditors appointed by CAG. These accounts are also subject to supplementary audit conducted by CAG....

The succeeding paragraphs 1.10 .1 to 1.10 .2 discuss the performance of the State Excise Department in dealing with the cases detected in the course of local audit conducted during the last six years and also the cases included in the Audit Reports for the years 2007 -08 to 2011 -12. 1.10 .1..................

Reports of the CAG shows that the State PSUs losses of RS 5,826.49 crore and infructuous investments of RS 635.51 crore were controllable with better management Thus, there is tremendous need and scope to improve the functioning and thereby enhance profits. The PSUs can discharge their role better..................

Based on the audited accounts of the Government of West Bengal for the year 2011-2012, this report provides an analytical review of the Annual Accounts of the State Government. The financial performance of the State has been assessed based on the...

The departments collected ` 6.01 crore in 213 cases during 2009-10. (Paragraph 1.5.1) II. Trade Tax/VAT A performance review on Transition from Trade Tax to VAT revealed : Tax Audit wing of the Department is not functional even after the lapse of three years of VAT implementation. Audit..................

The financial performance of the State has been assessed based on the FRBM Act, Budget documents, Economic Review 2010-11, Thirteenth Finance Commission Report and other financial data obtained from various Government departments and organisations. The report is structured in three..................

and encourage protection, conservation and management of wildlife habitats and to encourage people to plant trees in their community and private lands and ensure preservation of forests through community partnership under Joint Forest Management. An Audit of the Department revealed areas..................

PSUs 1.7 – 1.9 2-3 Budgetary Outgo, Grants/ subsidies, guarantees and loans 1.10 – 1.12 4-5 Reconciliation with Finance Accounts 1.13 – 1.14 5 Performance of PSUs 1.15 – 1.21 5-8 Arrears in finalisation of accounts 1.22 – 1.27 8-10 Winding up of non-working PSUs 1.28 – 1.30 10-11..................

The Report covers significant matters arising out of the compliance and performance audits of various departments including autonomous bodies. Audit observations on the Annual Accounts of the Government would form part of a Report on State Finances, which is being presented separately...................

4. The Reports containing the findings of performance and compliance audits in various departments and observations arising out of audit of Statutory Corporations, Boards and Government Companies and the Report containing observations on Revenue Receipts are presented separately. Executive..................