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CAG clean chit to AMU
Sunday May 29, 2011 06:41:17 PM,
Perbe Bari, ummid.com
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Bhopal:
The Comptroller and Auditor General of India, (CAG), has given a
clean chit to the audit account of the Aligarh Muslim University,
(AMU), for the year 2009-2010 as it has not found any discrepancy
in the accounts submitted by the University for final clearance by
the agency. The report of the CAG has thus negated the allegations
of financial irregularities leveled by some vested interest.
According to Dr. Rahat Abrar, Public Relations Officer of AMU, the
Comptroller and Auditor General of India observed in his audit
report that proper books of accounts and other relevant records
have been maintained by the University as required under Section
35(1) of the AMU Act 1920 in so far it appears from our
examination of such books.
The report also specifically mentioned that the Balance Sheet and
Income and Expenditure Account dealt with in this report are in
the agreement with the books of account, Dr. Abrar said in a
statement.
During 2009-2010, AMU received Grants/subsidies of Rs. 449.64
crores. In addition to this, the University earned income from
sales/services, Fees/subscription, investments, Publications,
interest and other income to the tune of Rs. 17.68 crores.
The CAG conducted audit in accordance with auditing standards
generally accepted in India. An audit includes examining on a test
basis, evidences supporting the amounts and disclosure in the
financial statements. An audit also includes assessing the
accounting principles used and significant estimates made by the
management, as well as evaluating the overall presentation of
financial statement, the statement said.
(pervezbari@eth.net)
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