Para 3.5.1 — MSO
MSO
Original Rule Text
3.5.1 The main aim of audit of grants-in-aid is to ensure that the grants are utilized for the purpose for which these are given and that sound economical financial management practices are duly followed while incurring expenditure out of such grants. Audit has also to bring to light instances of waste, failures, system weaknesses and deficiencies resulting in infructuous expenditure.