Regulation 65 — REGULATIONS_AUDIT

65. Responsibilities of Statutory auditor vis-à-vis Accountant General (Audit) The statutory auditor shall also: (1) make himself available for discussions with the office of the Comptroller and Auditor General and the Accountant General (Audit) as and when required; (2) furnish reply to the provisional comments of the Accountant General (Audit) within three days of issue and, if required, attend the meeting called by the Accountant General (Audit) with the management of the company to discuss the provisional comments; (3) attend the meetings of the audit committee, if formed, held in pursuance of the Companies Act, 2013; (4) retain the record of work done by him in the form of working papers with sufficient details so as to support his observations and conclusions for a period of five years unless required for a longer period; (5) make portions of or extracts from his working papers available to the Accountant General (Audit) in cases where it is considered necessary by Audit to verify the authenticity and correctness of the conclusions drawn in his audit report; and (6) submit to the Comptroller and Auditor General through the Accountant General (Audit), a report under the Companies Act, 2013 in compliance with the directions issued to him.