The work, duties and powers of the Internal Audit Branch established in accordance with Rule 57 shall be as follows:-
(a) Monthly audit of income, expenditure and balance of bonds,
(b) To conduct internal audit of the subject branch under the District Development Committee, where funds have flowed from the District Development Fund (c) Conducting internal audit of village development committee in accordance with sub-section (1) of section 69 of the Act,
(d) To submit a report to the concerned body and the secretary within fifteen days of the completion of the audit work on the errors found in the internal audit,
(D.) If any serious financial irregularity and embezzlement of funds are found during the internal audit, immediately report it to the Audit Committee and follow the instructions received.
(f) To submit in writing to the final auditor the opinion of the branch and the action taken in relation to the irregularities pointed out by the internal audit before the final audit,
(g) To assist in the thorough preparation for the final audit,
(h) Inspect the village development committee from time to time and inspect the irregularities in accordance with this regulation and ask for the review of the remaining issues.
(i) Presenting the audit report in the Audit Committee meeting,
(j) To pass the annual salary report of the employees under the local bodies,
(k) Acting as the Secretariat of the Audit Committee.