Audit reporting co-operative housing societies

Rights, Duties and Reporting of Auditor

• Sec. 81(5B) & Rule 69(3) – Besides audit report, Auditor to submit Audit Memorandum in the prescribed format.  Form 1 is a general format for all types of audit. 

FORM NO. 28 is Audit Memo Co-operative Housing Societies which is required for auditor to state the borrowings taken by cooperative societies.