Page 160 - CCRT-Annual-Report-2015-16

Annexure

1. Adequacy of internal audit system

• The internal audit was conducted up to 2015-16 by a Chartered Accountant Firm.

2. Adequacy of internal control system

• The management was not responsive to audit objections, as 10 paras for the period
from 2002-03 to 2012-13 were outstanding.

3. System of physical verification of fixed assets

• The physical verification of fixed assets had been conducted during 2015-16 and no
discrepancy was found.

4. System of physical verification of inventory

• The physical verification of inventory had been conducted up to 2015-16 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 31.3.2016.

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