West Bengal Report-IPAI.pdf - Sarva Shiksha Abhiyan

65year’s figures. As a result, current year’s figures could not be comparedwith those of the previous year.(iv) Para 101.13 of Manual ibid requires that a schedule of fixed assets heldby the Society at the end of the financial year shall be appended to theAnnual Statement of Accounts but such Schedule was not prepared andappended to accounts.(v) The State Mission continued to release funds since inception to variousagencies, viz, PBRSSM WBBSE, etc. (Vide Chapter – Para ………) but didnot monitor or verify the end result to ascertain the transparency in theiraccounts. PBRSSM received Rs.29.73 crore in 2005-06 and Rs.5.82 crore in2007-08 from the State Mission for construction of SSK buildings, butdebited the amounts in their Income and Expenditure Accounts of therespective years. The State Mission charged this expenditure under thehead “Project Management”. Expenditure of Rs.35.55 crore (Rs.29.73crore plus Rs.5.82 crore) which should have been booked as ‘CapitalExpenditure’ was treated as ‘Revenue Expenditure’ thereby leaving noscope to verify the location and existence of assets of SSA.(vi) Para 62 of MFM & P provides that the Society should maintain Registerof Assets in the format prescribed for assets acquired wholly orsubstantially out of Government of India grants and Stock Registerseparately for capital goods, consumable and non-consumable articlesand arrange for their physical verification at least once a year. Theseshould be maintained at School, CRC, BRC, DPO and SPO level. Registerof fixed assets and stock register for capital goods were not maintainedat any level. In absence of above register and physical verificationreports, existence, location and value of individual fixed assets andcapital goods was not ascertainable.