F&A in EC
MEETINGS
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To consider the proposed Revised Estimates 2022-23 and Budget Estimates 2023-24 for Salaries, Recurring & Creation of Assets
As per Statute 19(6) of the Statutes of the University, the Budget Estimates of the University shall be laid before the Finance Committee for consideration and thereafter submitted to the Executive Council for approval. Further, as per Statute 19(7), the Finance Committee shall recommend limits for total recurring and non-recurring expenditure based on the income and resources of the University. Accordingly, the Revised Estimates for 2022-2023 and Budget Estimates for 2023-2024 were placed before the Committee at its meeting held on 7.11.2022 for consideration and fixing the ceiling for the Salary, Recurring and Creation of Assets for the FY 2022-2023 (RE) and for the FY 2023-2024 (BE). The Finance Committee has approved the RE / BE projections of the University and recommended the same to the Executive Council and Court for its consideration and approval
RBE--2022-23--BE--2023-24MATTER FOR DECISION
To consider and approve the Budget projections of the University
(RE for the FY 2022-2023 & BE for the FY 2023-2024)
To consider and authorize the Vice-Chancellor to forward Audited Annual Accounts and Audit Certificate for the FY 2021-22 to the Ministry of Education, New Delhi (after obtaining the approval of the Executive Council and Court) for causing them to be laid on the tables of both the Houses of Parliament
The draft Annual Accounts of the University for the year 2021-22 were presented to the Statutory Auditors i.e., Office of Director General of Audit (Central), Hyderabad after obtaining the approval of the Finance Committee and Executive Council at their meetings held on 27/06/2022 and 28/06/2022 and respectively.
The Statutory Auditors conducted the audit during the period 19/07/2022 to 19/08/2022.
After completion of audit, a draft Separate Audit Report dated 1/9/2022 was received from the Director General of Audit (Central), Hyderabad on 1/9/2022.The University has submitted its reply on 6/9/2022 to the draft SAR. The final SAR dt. 3/10/2022 was received on 3/10/2022. The final SAR along with the reply of the University were submitted to the Finance Committee at its meeting held on 7th November, 2022 for perusal and approval. The Finance Committee has considered and recommend the same to the Executive Council and Court for their approval and onward submission to the Ministry of Education, New Delhi.
The Executive Council is requested to approve the Audited Annual Accounts (along with the final SAR and reply of the University thereto) of the University for the FY 2021-22 and recommend the same to the Court of the University for its approval and onward submission to the Ministry of Education, New Delhi (along with required number of copies (both English and Hindi versions)) for causing them to be laid on the tables of both the Houses of Parliament as per the provisions contained in Section 29(4) of Acts and Statutes of University of Hyderabad.
AAA--FY--2021-22--FINAL
MATTER FOR DECISION
To consider and approve the Audited Annual Accounts of the University for the FY 2021-22 and also the final Separate Audit Report and reply of the University thereto and permit the University to forward the same to Ministry of Education, New Delhi for causing them to be laid on the tables of both the Houses of Parliament after obtaining the approval of the Court of the University.
To consider the minutes of the 83rd meeting of the Finance Committee held on June 27, 2022
A Copy of the Minutes of the 83rd meeting of the Finance Committee of UoH are being placed on the table for perusal and approval
83rd FC Minutes held on 7.11.2022.PDFMATTER FOR DECISION
To consider the minutes of the 83rd meeting of the Finance Committee held on 7-Nov-2022
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