Para 2.6.33 — MSO
Original Rule Text
2.6.33 The procedure for settlement of objections incorporated in a Separate Audit Report is also contained in the Manual of Instructions for Audit of Autonomous Bodies.
ANNEXURE (Referred to in Paragraph 2.6.8) Standard Terms and Conditions for Acceptance of Audit 1. The Comptroller and Auditor General may suggest the appointment of a primary auditor to conduct audit on his behalf and on the basis of directions/guidelines issued by him. Where such an Auditor is appointed, the fees will be payable by the institution to that auditor. Where such an auditor is not appointed, expenditure incurred by the Comptroller and Auditor General in connection with the audit will be payable to him by the institution. 2. In addition to the audit to be conducted by the primary auditor where so appointed, Comptroller and Auditor General will have the right to conduct a test check of the accounts and to comment on and supplement the report of the primary auditor. 3. The Comptroller and Auditor General or any person appointed by him in connection with the audit shall have the same rights, privileges and authority as the Comptroller and Auditor General has in connection with the audit of Government accounts. 4. The result of audit will be communicated by the Comptroller and Auditor General or any person appointed by him to the Governing body which shall submit a copy of the report along with its observations to the Government. The Comptroller and Auditor General will also forward a copy of the report directly to the Government. 5. The audit is entrusted to the Comptroller and Auditor General in public interest for a period of five years’ accounts from the year ……………… to ……………… in the first instance, subject to a review of the arrangements thereafter. 6. The scope, extent and manner of conducting audit shall be as decided by the Comptroller and Auditor General. 7. The Comptroller and Auditor General will have the right to report, at his discretion, the results of audit to the Parliament/ Legislature.
SECTION–III Supplementary Audit Instructions