1995-96 - Birbal Sahni Institute of Palaeobotany

1995-96
Annexure- 'A'
(Annexed to and forming part of the Audit Report for the year ended 31st
March, 1996)
Comments on Accounts of Birbal Salmi Institute of Palaeobotany, Lucknow
for the year ended 31st March,1996.
Accounts:
I .
Accounts have been maintained on cash basis.
2. Various advances were found pending recovery for an unduly long period.
Effo,rts are to be made for speedy settlement of the same.
Publications:
3. On scrutiny of record of the priced publication of the Institute, it has been
observed that during the last several years, the Institute had brought our publication
on different subject to sell out in the market. Stock position of these
priced publication as on 31.03.96 is about Rs. 17.97 lacs apart from which
Rs. 2.31 lacs is reserve stock, totalling stock of Rs. 20.28 lacs.
Library:
4. No physical verification was made during the year under audit. As explained to
us, library stocks arc being physically verified after 5 years, as per Central
Government Rules.
Stores:
5. Fixed Assets register has been maintained w.e.f. 1988 onwards and no record
has been maintained regarding fixed assets acquired out of grants or otherwise
before 1988.
According to information & explanations fumished before us, no physical verification
of fixed assets has been made.
No identification marks on the fixed assets have been made for efficient and
proper verification thereof.
6. No depreciation on fixed assets has been charged, as per accounting policy of
the Institute.
7. Backlog in the maintenance of Fixed Assets Register either be updated, at earliest,
with the help of some technical personnel, or some ways and means be
decided to clear the pendency.
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