Search results
Results from the WOW.Com Content Network
An application under the RTI to access relevant official documents is the first step of the social audit. Then the management personnel of the social audit verify these official records by conducting field visits. Finally, the 'Janasunani' or public hearing is organised at two levels: the Panchayat or village level and the Mandal level. The ...
Statutory audit refers to the audit based on the laws applicable on the entity for the time being in force. It is governed by the Indian Accounting Standards (Ind-AS) issued by Institute of Chartered Accountants of India from time to time. A Chartered accountant holding a certificate of practice in India is qualified to be a statutory auditor.
The mass social audit under the employment guarantee scheme in Dungarpur is the most significant feature of the first phase of implementation of the NREGA in India. Launched on 2 February 2006, the first phase of the NREGA implementation included Dungarpur as one of 200 districts of India.
The first complete internal model for social accounting and audit, 1981, was designed for social enterprises to help plan and measure their social, environmental and financial progress towards achieving their planned objectives. [8] Organizations are seen to benefit from implementing social accounting practices in a number of ways, e.g.: [9] [10]
Soon after, on 24 November 2011, a Board resolution was passed by the Securities and Exchange Board of India (SEBI), wherein they mandated the top 100 listed companies to report on their Environmental, Social and Governance (ESG) performance through a Business Responsibility Report (BRR), [13]: 2 [14]: 3 [15] which would then form a part of ...
To ensure transparency, all data related to the Bangaru Thalli scheme is made publicly accessible, allowing for social audits that hold the program accountable. The financial aspects of the scheme are also subject to audit, ensuring that the allocated resources are used effectively. The program is designed to grow in scale over time.
e- Panchayat is one of the Mission Mode Project (MMP), currently being implemented with a vision to empower and transform rural India. As a first step towards formulating the project, the Ministry of Panchayati Raj constituted an Expert Group in June, 2007 under the Chairmanship of Dr. B.K. Gairola, Director General, NIC, Government of India.
There should be a regular social audit by a district level agency and by a committee of legislators to check whether the funds allotted for the vulnerable social and economic groups are actually spent on them. The state government should not supersede the Panchayat Raj institutions.