EPFO notified regarding the modifications in the Audit Manual
Jan 10, 2025 | by TeamLease RegTech Legal Research Team
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The Employees Provident Fund Organization (EPFO) on January 03, 2025, notified regarding the modifications in the Audit Manual.
The following has been stated namely: -
• It states that the Chairperson of the Apex HQ Audit Committee is now CPFC; members include FA & CAO and ACC(HQ).
• A new provision shall be inserted in Chapter 3 of the Audit Manual "The Internal Audit Team of MoLE may be deputed by the Ministry to assess the utilization of Grant in Aid vis-a-vis the purpose of the grant."
• A separate Chapter on the scope, conduct, and process of replying to Performance Audits is added.
Detailed notification is attached below.
[Notification no. - Audit/Modification in Audit Manual/505325/2024-25/04]
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