Amendment status not verified — confirm the current text below against the official source.
Nature of audit.—The audit shall include— (i) a verification of the cash balance and securities : (ii) a verification of the balance at the credit of the depositors and cre ditors and of the amounts due from the debtors of the society ; (iii) an examination of overdue debts, if any; (iv) the valuation of the assets including stock verifications, and liabilities of the society; contrary not been resulted Inquiry and Inspection to law or to (v) an examination of the statement of accounts and balance sheets be prepared by the managing body of the society in such forms as may prescribed ; (vi) a certification of the realised profits ; and (vii) any other relevant matter.