Appendix 17.3 — CAM

17.12 PURSUANCE OF AUDIT PARA 17.12.1 TEST AUDIT NOTES ISSUED BY STATUTORY AUDIT: In order to keep a watch over the settlement of audit objections included in the Test Audit Notes issued by Statutory Audit/CGA Inspection Team, the IA Wing will maintain a register in the form given in APPENDIX 17.3 with separate folios for each DDO. The progress made towards the settlement of outstanding objections should be reviewed on quarterly basis and appropriate action taken to ensure speedy settlement. The compliance of IA observations reported by the DDOs should be verified during the next audit of that office. Whenever asked for, the register will also be furnished to the Statutory Audit Parties to verify the settlement of objections.

APPENDIX- 17.3 [referred to in para 17.12.1] Register of watching Settlement of Audit Objections included in the Test Audit Notes Issued by Statutory Audit/ CGA Inspection Team