Financial Audit Section & Functions

Co-ordination Section:

• Processing of Inspection Report and vetting of reply from the management.
• Processing of files for Finance Audit
• Collection of information for Annual Audit Plan
• Conducting Audit Committee Meeting for settlement of old outstanding paras
• Preparation of monthly, quarterly, half-yearly and annually returns
• Preparation of monthly, quarterly, half-yearly and annually reports and returns 
• Preparation of audit programme
• Co-ordination with other section as well as audit parties

Report Section:

• Reviewing the PDPs from various  sections
• Finalization of Draft Paragraph and Performance Audit etc.
• Attending to Headquarters’ observation to the Draft Paras and Performance Audit
• Attending COPU related matters
• Custody of Draft Para/Review files
• Vetting remarks to the Action Taken Note
• Processing of files for Finance Audit
• Preparation of Annual Audit Plan

• Branch Office, DVC (Hqrs.):

Branch Office, DVC (Hqrs.):

• Conducting field audit of various units of DVC including various offices in DVC (Hqrs.). These audits are conducted by two RAOs and three PAPs of  Branch Office, DVC (Hqrs.)
• Processing of Inspection Report and vetting of reply from the management.
• Processing of files for Finance Audit
• Vetting of Action Taken Notes (ATN) on the Draft Paragraph and Performance Audit Report
•  Verification of Complaints
• Preparation of Annual Audit Plan of DVC
• Finalization of Audit Report of DVC
• Finalization of Audit Certification on World Bank aided ‘Dam Rehabilitation and Improvement Project’ and ‘National Hydrology Project’.
• Conducting Audit Committee Meeting for settlement of old outstanding paras
• Preparation of monthly, quarterly, half-yearly and annually returns
• Preparation of audit programme
• Co-ordination with other section,  audit parties  and RAOs
• Processing of Paras into the PDPs from various  IRs
• Preparation of Study Design Matrix and Detailed guidelines for Theme/ Performance Audit
• Attending to Headquarters’ observation to the Draft Paras and Performance Audit
• Various Administration works

Number of units audited during Finance Audit

1. Central Accounts Office, DVC (Hqrs.), Kolkata
2. Mejia Thermal Power Station, Mejia, Bankura, WB
3. Bokaro Thermal Power Station, Bokaro, Jharkhand
4. Chandrapura Thermal Power Station, Chandrapura, Jharkhand
5. Koderma Thermal Power Station, Koderma, Jharkhand
6. Durgapur Thermal Power Station, Durgapur, WB
7. Durgapur Steel Thermal Power Station, WB
8. Raghunathpur Thermal Power Station, WB
9. Maithon Hydel Station, Maithon, Jharkhand
10.  Panchet (TSC), Panchet, Jharkhand
11.  Panchet (Civil), Panchet, Jharkhand
12.  Soil Conservation Department, Hazaribagh, Jharkhand
13.  Konar, Jharkhand