Accounts and Audit

Accounts and Audit

1. (1) The Committee shall maintain proper accounts and other relevant records and prepare an annual statement of accounts including the balance sheet in such form as may be prescribed.
2. (2) The accounts of the Committee shall be audited annually by a Chartered Accountant as defined in the Chartered Accountants Act, 1949, appointed by the Committee on such terms and conditions as may be prescribed.
3. (3) The accounts of the Committee as certified by the auditor together with the audit report thereon shall be forwarded to the Bar Council and the Government.
4. (4) The Committee shall comply with such directions as the Government may, after perusal of the audit report, like to issue.