Maintenance of Accounts

(1) The annual accounts and balance sheet of the Board shall be prepared showing all the incomes and expenditure. (2) Similarly separate annual account and balance sheet for the Entrance Examination shall be prepared showing all the incomes and expenditure. (3) The accounts of the general funds of the Board shall be audited as per the accounts rules and decided by the State Government. (4) The accounts of the Entrance Examination shall be audited by an authorized Chartered Accountant. (5) The annual accounts and balance sheet and the audit reports shall be places before the Governing Body in its Annual General Body meting and shall be sent to the Government thereafter.