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The Hindu
The Hindu
National
Tiki Rajwi

Keep accounts up-to-date, do timely audit, Kerala government tells public sector units

The Finance department has issued a fresh warning to State public sector undertakings (PSUs) and autonomous organisations to avoid delays in keeping their accounts updated and in submitting them for audit.

Lapses in this regard will be viewed seriously by the government and could lead to denial of government grants, a circular issued by Rajesh Kumar Singh, Additional Chief Secretary (Finance), said.

The Principal Accountant General had asked the Chief Secretary to direct autonomous bodies, PSUs and departmental commercial undertakings to clear backlogs in finalisation of their accounts and send them for audit.

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