INTERNAL COMPLIANCE AUDIT OF HOUSING SOCIETY

Need : To restore Society’s Administration or for Compliance as per Bye Law and and per M.C.S.Act. 1960, Internal Compliance Audit is Must.

1)  Under this Scheme Half yearly, Nine Monthly, Yearly Internal Checking is done.

a) Accounts Records : Collection Records, Cash Book, Bank Book, All Vouchers, General Ledger, Member Ledger, Bills, Receipts, Payment Vouchers,

Investments, TDS and Income Tax details, etc.

b) Statutory Records : Share Register, I-Form Register, J-Form Register, Nominee Register, Asset Register, Dead Stock Register, Investment Register,

S.F. Register. Charge Register, O-Form Register.

c) Other Records : General Body and Managing Committee Minutes, Flat and Share Transfer Documents, Other Major Repair Bills, Quotations, All

correspondence to DRCS and Other relevant Records.