INDEPENDENT AUDITORS’ REPORT
Bharat Vikas Parishad,
Report on the Financial Statements
We have audited the accompanying financial statements of BHARAT
VIKAS PRISHAD xxxx PRANT, which comprise the Balance Sheet as at
31st March, 20XX and statement of Income and Expenditure, Receipt &
Payment account for the year ended.
for the Financial Statement
Managing committee is responsible for the preparation of these
financial statements that give a true and fair view of the financial
position, financial performance in accordance with the Accounting
Principles generally accepted in India. This responsibility includes
the design, implementation and maintenance of internal control
relevant to the preparation and presentation of the financial
statements that give a true and fair view and are free from material
misstatement, whether due to fraud or error.
audit practices. We have performed the audit to obtain
reasonable assurance about whether the financial statements are free
from material misstatement. We believe that the audit evidences we
have obtained are sufficient and appropriate and report that:
have obtained all the information and explanations which to the best
of our knowledge and belief were necessary for the purposes of our
accounts are maintained regularly and in accordance with the
provisions of the law. All statutory provisions/compliances were
done in time.
receipts and disbursements are properly shown in the accounts.
cash balance and vouchers in the custody of the Treasurer on the
audit were in agreement with the books of accounts.
Prant Managing Committee has sanctioned all expenditure incurred on
behalf Prant from time to time.
far as it is ascertained from the books of accounts and according to
the information and explanation given to us by the Treasurer, there
were no cases of irregular, illegal or improper expenditure, failure
or omission to recover money or other property thereof.
In our opinion and to the best of our information and according to
explanation given to us, except in the Basis for Qualified
paragraph, the financial statements give the information required in
the manner so required and give true and fair view in conformity
with the accounting principles generally accepted in India:
case of Balance sheet, of the state of affairs of the prant as at 31st March,
case statement of Income and Expenditure Account, of the
surplus/deficit for the year ended on that date.
For XYZ AND ASSOCIATES