Audit and Systems
We believe, above all, that internal control is key to good governance and therefore strive to ensure that stringent measures are in place to meet with the highest standards of transparency.
In order to ensure the effectiveness of the internal controls, the Foundation has appointed Chartered Accountant firms of repute, as Branch Auditors. The respective branch auditors submit monthly branch audit reports, which are then reviewed by the Head Office Audit team regularly. To ensure the effectiveness of the internal control environment, an audit committee was formed as a sub-committee of the Board of Trustees which constitutes the following trustees:
V.Balakrishnan – Trustee & Chairman of the Committee
Ramadas Kamath U – Trustee & Member
Raj Kondur – Trustee & Member