(1) Fund accounting will be kept in the format prescribed by the Auditor General of Nepal after taking the opinion of the fund. (2) The audit of the fund will be done by the Auditor General of Nepal. It shall be: - (a) whether the profit and loss account prepared by the fund has been included, no, and the account reflects the true financial condition of the fund, (b) the account is regular according to this Act, no, and satisfactory answers have not been received to the questions asked. (4) It shall be the duty of every director and employee of the fund to provide answers to all the questions asked by the Auditor General in the course of the audit.