Commission accounts and audit require external audit powers, record inspection, and annual parliamentary presentation of certified accounts. Commission accounts and audit require proper accounting records and an annual statement of accounts in the prescribed form, prepared in consultation with ... Summary
Commission accounts and audit require external audit powers, record inspection, and annual parliamentary presentation of certified accounts.
Commission accounts and audit require proper accounting records and an annual statement of accounts in the prescribed form, prepared in consultation with the Comptroller and Auditor-General of India. The Comptroller and Auditor-General audits the accounts and may require production of records and inspect Commission offices. Certified annual accounts and the audit report are forwarded to the Central Government for laying before both Houses of Parliament.
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