Empanelment of CA Firm for Internal Audit of Karnataka State Beverages Corporation Limited

Empanelment of CA Firm for Internal Audit of Karnataka State Beverages Corporation Limited

Eligibility Criteria

1. Chartered Accountant/Cost Accountant firms should have been registered with ICAI/ICWAI (indicate registration number) and shall have at least five years of post qualification experience and the proprietor/partner should have a Fellow Membership. 2. The firm shall have carried out internal audit work satisfactorily in KSBCL or any other Karnataka State Public Sector undertaking during the financial years 2019-20, 2020 – 21 and 2021 - 22. 3. The firms should have their office or branch locally at the place where Head Office and IML/RS depots of KSBCL situated or at least in the same/neighboring district. 4. The firm should registered with GST and indicate GSTIN number. 5. Since, all the applications will be evaluated strictly on the basis of selection criteria, please avoid attaching unsolicited information/documents to processing application expeditiously.

Short Listing of Firms of Auditors

KSBCL will short list CAs/Cost Accountants/firms/LLPs based on the eligibility criteria and by considering the year of Registration, partners, experience in conducting the internal audit of Karnataka State Public Undertakings and the availability of manpower & qualification with the firm. The CAs/Cost Accountant firms so short listed shall be considered for appointment as Internal Auditors, as and when necessary. The short listing itself will not give any right to the CAs/Cost Accountant firms to get appointment as Internal Auditors. The appointment will be on year to year basis extendable for a period of 3 (three) years depending on the satisfactory completion of the assignment during the year. The performance shall be primarily assed on the basis of quality and timeliness of the internal audit reports. Further, based on the performance assessment extension/re-appointment letter shall be issued to the same or the other neighboring depot for the second and the third year. In respect of the above, KSBCL shall have discretion and its decision in this regard shall be final.

Issue of Order for Supplies

1. Check whether OFS issued is as per allotment letter and the quantity agrees with the allotment letter. Excess if any to be reported. 2. Verify whether the issue of OFS is only after receipt of DD/PO in respect of small quantity at depots. 3. Verification of DDs/POs received are accounted and dispatched regularly. 4. Verification of proper filing of receipts issued and filing of all documents. To Read More Details Download PDF Given Below: