FC: 81:2022:4

To consider and authorize the Vice-Chancellor to forward Audited Annual Accounts for the FY 2020-21 and Audit Certificate 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 2020-21 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 31/07/2021 and 23/08/2021 respectively.

The Statutory Auditors conducted the audit during the period from 13/10/2021 to 17/11/2021.

After completion of audit, a draft Separate Audit Report dated 6/12/2021 was received from the Director General of Audit (Central), Hyderabad on 13/12/2021.The University has submitted its reply on 17/12/2021 to the draft SAR. Copies of the draft SAR and the reply of the University thereto are submitted for perusal of the Committee at Annexure-III.

The final Separate Audit Report is yet to be received.

The final Separate Audit Report along with the reply of the University thereto shall be be circulated during the meeting (if received in time) or through email if not received in time.

The Finance Committee is requested to recommend the Audited Annual Accounts (along with the final SAR and reply of the University thereto) to the Executive Council and Court for their approval and onward submission to the Ministry of Education, New Delhi along with the requisite number of copies of Audited Annual Accounts (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.

MATTER FOR DECISION

To consider the Audited Annual Accounts of the University for the F.Y. 2020-21 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 Executive Council and Court of the University.