Submission of audit report

The copies of audit report along with the audited statement of accounts and returns referred to in Rule 388 shall be submitted by the auditor to (i) every audited co-operative society, (ii) his superior officer or officers, (iii) the Registrar and, if so directed by the Registrar, also to the Central Society to which the audited society is affiliated. The audit report shall inter-alia mention:- (a) Every transaction which, in the opinion of the auditor, is contrary to the provisions of the Act, the Rules or the Bye-laws of the society; (b) Every sum which ought to have been but has not been brought into account of