Thursday, January 23, 2014

Goa SSA audit for 2009-10 shows poor financial management

Goa SSA audit for 2009-10 shows poor financial management

Gauree Malkarnekar, TNN Apr 22, 2013, 06.20PM IST

PANAJI: The Goa Sarva Shiksha Abhiyan's annual audit for the academic year 2009-10 is a sorry picture.
Goa SSA, under Nagraj Honnekeri as its project director, was 'not in the practice of obtaining balance confirmation with bank under the girl child motivation scheme," the audit report for the year states.
"The delay in releasing the cheque of Rs 26.32 lakh under the girl child motivation scheme is against the practice of generally accepted accounting principles. As per information and explanation given to us the delay was due to oversight," the auditors have stated in their report.
Farrell Furtado has been appointed the project director of Goa SSA since last year.
"There are large number of journal entries on 31/03/2010, vouchers of the same are not found in serial order neither numbering is done on the vouchers as well as in the books of accounts which shows lack of proper internal control over books of accounts," the report states.
The auditors have stated that the discrepancies in accounts show inefficient follow-up after disbursement of advances particularly in case of advances given to PWD. "We are of the opinion that the quantum of large outstanding advances over three years amounting Rs 3.47 crore either resulted into understatement of expenditure due to non-obtaining of utilization certificate or amounts being irrecoverable," the report states.
In case of advance given to the directorate of education amounting to Rs 75 lakh, utilization certificate has been obtained for Rs 60 lakh only. "As per the information and explanation given to us we observed the same grant is actually the reimbursement of the salaries already paid by the directorate to the teachers so we are of the opinion that the SSA should have obtained utilization certificate for the amount in time to book the expenditure for the current ie 2009-10," the audit report states.

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