internal controls

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    Kerala HC Orders Corrective Steps for TDB Accounting System

    Kochi, April 8 The Kerala High Court on Wednesday said that there were "systemic irregularities" and "deep-rooted deficiencies" in the existing accounting and administrative framework of the TDB and ordered a slew of corrective measures, including implementing a fully centralised computerised...
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    J&K Government Faces Financial Accountability Concerns

    Jammu, April 3 The Jammu and Kashmir government failed to submit utilization certificates for grants exceeding Rs 12,000 crore received from the Centre until March 2024, the Comptroller and Auditor General of India has said.The apex auditing body said the non-submission of utilization...
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    Audit Report Highlights Financial Issues in State Child Rights Commission

    Mumbai, March 24 The Comptroller and Auditor General (CAG) has flagged several financial irregularities in the functioning of the Maharashtra State Commission for Protection of Child Rights during the fiscal year 2018-19, raising serious concerns over weak internal controls and accounting...
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    Autonomous Bodies: Utilizing Risk-Control Scorecards for Financial Prudence

    New Delhi, March 9 Comptroller and Auditor General of India (CAG) K Sanjay Murthy said on Monday that autonomous institutions should use tools like the Risk-Control Maturity Scorecard (RCMS) to assess whether financial prudence is being followed.Addressing a workshop, organized with central...
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    Workshop Highlights Importance of Collaboration in Preventing Cyber Fraud

    Mumbai, February 26 The Reserve Bank said on Thursday that close coordination among all stakeholders is necessary to prevent or mitigate digital fraud.A two-day workshop for executive directors and heads of fraud risk management of 60 major banks, conducted by the RBI, concluded on Wednesday...
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