Section 19 in Indian Institute of Public Health Gandhinagar Act, 2015
19. Accounts and audit.
(1)The University shall maintain proper accounts and other relevant records and prepare an annual statement of accounts, including the income and expenditure account and the balance sheet, in such form and in such manner as may be prescribed by the regulations.(2)The Accounts of the University shall be audited every year and in any case within six months from the date of closing of the financial year by the auditor who shall be a Chartered Accountant as defined in the Chartered Accountant Act, 1949, (38 of 1949) of a firm of Chartered Accountants appointed by the Governing Council.(3)The Accounts of the University certified by the person or firm so appointed or any other person authorised in this behalf together with the audit report thereon shall be placed before the Executive Council and thereafter before the Governing Council, and both Councils may issue such instructions to such authority of the University in respect thereof as it deems fit and the authority shall comply with such instructions.(4)The University shall adopt a proper system of internal checks and balances and control in- respect of finance, accounts and audit as may be prescribed by the regulations.(5)The Accounts of the University shall be audited by an internal auditor who shall be a Chartered Accountant or a firm of Chartered Accountants of repute appointed by the Governing Council to ensure concurrent audit of all books of accounts, and such periodic internal audit reports shall be placed before the Governing Council for its consideration.(6)The accounts relating to University together with the audit report shall be placed before the Governing Council and shall also be submitted to the State Government.(7)The State Government may conduct the test audit or full audit of the accounts of the University by the auditors appointed by the State Government, when it requires so to do.
