A Committee consisting of the following members is hereby constituted as “Internal Audit Committee“
| S.No | Name of Committee Member | Designation | Position |
|---|---|---|---|
| 1. | Dr.G.Apparao Naidu | Principal | Chairman |
| 2. | Sri.B.Shravan | Chief Executive Officer | Member |
| 3. | Mr. G. Durga Prasad | Internal Auditor | Member |
| 4. | Mrs.V.Rajitha | Head of Accounts-VMTW | Member |
| 5. | Mr.Chandra Shekar | Accountant-VMTW | Member |
| 6. | Dr.T.Srinivasulu | Dean-Administration | Member |
Roles & Responsibilities :
1.Ensuring the organization’s financial statements is understandable and reliable.
2.Ensuring the organization establishes a thorough risk management process and effective internal controls.
3.Reviewing the organization’s policies, particularly in areas such as ethics, conflict of interest and fraud.
4.Reviewing the organization’s litigation and regulatory proceedings.
5.To monitor and manage the budget estimation relating to the Income from fees collected and other grants received.
6.To manage the annual budgets and utilization reports submitted by the individual departments
7.Audited account for the above and Department level Financial Delegation
Term : Two years and shall continue to be in force until reconstruction.
Meetings : Once in a Year, the meeting may be scheduled as and when necessary.