The department provides the following services to members of
Co-operative societies and the general public in matters relating to
audit of accounts of Co-operative societies.
They may submit petitions with necessary details and copies of documents
wherever needed, in matters relating to perfunctory audit of accounts
and in cases where serious irregularities, frauds or misappropriation of
funds, stocks and other property of the societies are not reported
correctly or properly in the statutory audit reports. The department
will immediately take action on the petition, if necessary the
department will arrange for re-examination or re-verification of
accounts and to incorporate the lapses in the next audit report
Where there is a prima-facie case of fraud or misappropriation or
embezzlement or fraud not detected or not properly examined by the
auditor during the regular audit or misclassification of accounts or for
any other valid reasons, the Government will order for re-audit to
exhibit true financial position of the institution.
Abridged information regarding the status of audit, financial position,
irregularities observed in the course of audit of major Co-operative
Societies are available on the departmental website.