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Separate Audit Report of the Comptroller & Auditor General of India
on the accounts of Centre for Cultural Resources and Training
for the year ended 31 March 2014

We have audited the attached Balance Sheet of Centre for Cultural Resources and Training
(CCRT), New Delhi as at 31 March, 2014. Income & Expenditure Account and Receipts & Payments
Account for the year ended on that date under Section 20(1) of the Comptroller and Auditor General’s
(Duties, Powers & Conditions of Service) Act, 1971. The audit has been entrusted for the period
up to 2013-14. These financial statements are the responsibility of the CCRT’s management. Our
responsibility is to express an opinion on these financial statements based on our audit.

2. This Separate audit Report contains the comments of the Comptroller and Auditor General
of India on the accounting treatment only with regard to classification, conformity with the best
accounting practices, accounting standards and disclosure norms etc. Audit observation on financial
transactions with regard to compliance with the Law, Rules & Regulations (Propriety and Regularity)
and efficiency-cum performance aspects, etc., if any, are reported through Inspection Reports/CAG’s
Audit Reports separately.

3. We have conducted our audit in accordance with auditing standards generally accepted in
India. These standards require that we plan and perform the audit to obtain reasonable assurance
about whether the financial statements are free from material misstatements. An audit includes
examining, on a test basis, evidences supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles used and significant estimates
made by management as well as evaluating the overall presentation of financial statements. We
believe that our audit provides a reasonable basis for our opinion.

4. Based on our audit, we report that :
i. We have obtained all the information and explanations, which to the best of our knowledge
and belief were necessary for the purpose of our audit.
ii. The Balance sheet, Income & Expenditure Account and Receipts and Payments Account
dealt with by this report have been drawn up in the format approved by the Ministry of Finance.
iii. In our opinion, proper books of accounts have been maintained by the CCRT in so far as it
appears from our examination of such books.

iv. We further report that :

A. Balance Sheet
A.1 Assets
A.1.1 Fixed Assets (Schedule 8)-R 23.45 crore
A.1.1.1 Non-provision of missing library books amounting to R 0.72 lakh and obsolete items amounting
to R 11.88 lakh resulted in understatement of Expenditure and overstatement of Fixed Assets
by R 12.60 lakh.
A.1.2 Current Assets, Loans, Advances and Other Assets - R 6.12 crore
A.1.2.1 An advance of R 2.40 lakh given to a film producer in 2001-02 remained outstanding. Similarly,
an advance of R 0.20 lakh was given to an individual for documentation work in 2002-03 also
remained outstanding till 31 March 2014. These long pending advances need to be adjusted
or written off with the approval of the competent authority.
B. Receipts and Payments Account
B.1 Payment (Establishment Expenses - R 563.59 lakh)
B.1.1 Against the Plan grant of R 499.93 lakh received on account of salaries for the year ended
31 March 2014, establishment expenses of R 495.31 lakh were incurred by CCRT. The

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