Krishna Bhagya Jala Nigam Limited Tender Result

The scope of the assignment for Internal Audit is set out in the Internal Audit Manual enclosed at Annexure-III. While effort has been made to define all the areas of importance, the scope is neither exhaustive nor is to be limited to the extent of the Internal Audit Manual. The Internal auditors may devise additional areas of inspection and examination of the documents/ areas of operation so as to minimize loss of revenue, increase transparency and internal controls, maximize functional efficiency, detect/prevent frauds and mis-management, efficient application of contract resources and finances, adherence to regulatory mechanisms as per the contract documents, adherence to Indian Accounting Standards, Standards on Internal Audit, Guidance note / Guidelines issued by Institute of Chartered Accountants of India and to the requirement of Companies act 2013 and Rules there under etc. The Internal Auditor should facilitate strengthening the internal controls at all spheres of operation of the Company.