section 23
Accounts and Audit
Andhra Pradesh Economic Development Board Act, 2018General201828 sections
Statutory text
- (1) The Board, shall prepare for such accounts for all real assets and other associated assets, as may be required in the financial matters. (2) The Board shall conduct an annual auditor general audit of its accounts in the financial year. (3) The Board shall not deposit any accounts with any person or entity along with the assets. Such accounts shall be deposited to the Board through financial matters. (4) The government, through its competent authority, may issue an order, if any discrepancies occur in the audit, that such discrepancies be settled in a time-bound manner, and the Board shall comply with such orders. (5) The audit accounts shall be kept in the state treasury. (6) The audit accounts shall be submitted to the Board's management for the annual audit of the state government authorities.
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