Audits

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CAG/Statutory Audit:

The accounts of the Project are audited CAG empanelled CA firm by appointed by the Project Director on approval of the Project Management Committee, General Body of the Samiti and IFAD. Representatives of the Comptroller and Auditor General of India (CAG) may also audit the accounts of the Project at such intervals as the CAG may deem necessary.

Annual Audit:

The annual audit of accounts relating to the Project is conducted through an independent firm of Chartered Accountants selected through a defined procurement process. The Audit Terms of Reference followed by the firm are approved by IFAD and audit opinions on project financial statements are prepared in IFAD's standard financial reporting formats. Annual Audits are carried out within six (6) months of the end of each Fiscal Year and a certified copy of the audit report is furnished to IFAD along with the reply to the management letter of the auditors.

Internal Audit:

The project is provisioned to have periodic internal audit conducted through Manager (Audit) assisted by a team of District level Compliance Auditors. In absence of this staff project is outsourcing the internal audit assignment to a firm of independent Chartered Accountants, selected through a predefined selection process and following the terms of reference for the internal audit to meet the requirements prescribed in the Project Implementation Manual.

Contact संपर्क

Central Project Coordinating Unit
केंद्रीय परियोजना समन्वयन इकाई
Phone: 0135-2774800 Fax: 2773800
Address: 216, Phase-2, Panditwari, Dehradun
E-mail: info@ilsp.in