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CA Ravi Taori
(CNO—PSU.140) PROPRIETY AUDIT
(CNO—PSU.150) The functions of Auditor in the context of Propriety Audit may be specified as under
as to:
Proper Planning of Expenditure: See that all expenditure incurred are properly planned.
Rightful Channels of Expenditure: See that the size and channels of expenditure are rightful and expected to
give maximum results.
Optimum Result Appraisal: Appraise whether those expenditure are likely to give optimum result.
Alternative Action Plans: See that any substitute plan of action can bring about an improvement on current
operation and as well as return from capital expenditure.
Management's Actions and Public Interest: Examine the actions and decisions of the management to see
that they are conductive to public interests and that they meet the standards of conduct.
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