Page 144 - CCRT-Annual-Report-2013-14
P. 144
Annexure
(to Separate Audit Report of CCRT for 2013-14)
1. Adequacy of internal audit system
The internal audit was conducted up to 2013-14 by Chartered Accountant and found
to be adequate.
2. Adequacy of internal control system
The management is not responsive to audit objections as 10 paras for the period from
2002-03 to 2012-13 are outstanding.
3. System of physical verification of fixed assets
The physical verification of fixed assets had been conducted during 2013-14 and no
discrepancy was found.
4. System of physical verification of inventory
The physical verification of inventory had been conducted up to 2013-14 and no
discrepancy was found.
5. Regularity in payment of statutory dues
As per accounts, no payments over six months in respect of statutory dues were
outstanding as on 31.3.2014.
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