Audit Report 2024-25
A summary of the auditing process that ensures transparency and legal validity in the financial transactions of Grama Panchayats is provided below:
Objective: To ensure that the income and expenditure accounts of the Panchayat are accurate and corruption-free.- Local Fund Audit: An annual inspection conducted by the State Audit Department to evaluate key financial records.
- Performance Audit: An administrative efficiency check conducted quarterly by the Local Self Government Department.
AG Audit: An audit conducted by representatives of the Comptroller and Auditor General (C&AG) to inspect the utilization of Central funds.- Annual Inspection: The State Audit Department mandatorily verifies and reconciles accounts for every financial year.
Quarterly Inspection: Activities and operations are monitored at regular intervals through performance audits.- Fund Utilization: Verifies whether development funds are being spent strictly in compliance with prescribed guidelines.
Administrative Efficiency: Along with financial matters, the overall administration of the Panchayat is also subjected to auditing.- Legality: Ensures that funds are spent in accordance with government orders and regulations.
- Corruption Control: Regular auditing helps prevent financial irregularities and guarantees transparency.
