New Delhi, February 27 The Delhi government has decided to appoint specialized audit teams to conduct a comprehensive inspection of the financial records of private schools, following repeated complaints from parents regarding alleged financial irregularities and excessive fee collection.
The Directorate of Education (DoE) will hire three project management units to conduct detailed audits of private, unaided, recognized schools across the capital, the education department said.
Each project management unit will consist of 10 chartered accountants, and the total cost of the audit exercise has been estimated at ₹6.3 crore, the department added, noting that the decision was made after the department received several complaints alleging financial malpractice and overcharging by private schools.
It further mentioned that routine inspections ordered on individual complaints were not sufficient to uncover deeper irregularities, making a detailed examination of financial statements necessary.
Approximately 1,794 private, unaided, recognized schools in Delhi will be covered under the audit, with scrutiny of their financial accounts for the past three years, the education department said.
The teams will analyze financial statements to identify anomalies, suspicious transactions, and possible violations, following a standard operating procedure issued by the DoE, it highlighted.
The department said, "Based on initial findings, the teams will examine supporting documents such as bills, expenditure records, fee collection data, student enrollment data, and other income sources, and may conduct physical verification if required."
The audit teams will also hold discussions with school managements in the presence of department representatives and seek their responses before finalizing reports, it said.
According to the education department, individual reports and draft orders will be prepared for each school and submitted for approval to enable further action, including corrective or legal steps.
Schools will be distributed among the three teams, although the final allocation will be decided by the education department, it added.