(1) The income and expenses of the Institute and all the balances of the accounts shall be kept as prescribed by the Government of Nepal. It shall be the duty of such auditor to provide any documents or information requested by the director or employee of the company in the course of his duties.

(3) After the auditor has checked the books, the report regarding the account check shall be clearly mentioned including the following points. One copy of the report should be prepared and submitted to the Government of Nepal and the other copy to the institute:-

(a) The profit and loss account book prepared by the institute does not include the things that should be included and the account book does not show the true financial status of the institute.

(b) The submitted income and expenditure accounts are not in order. p>

(d) the method of keeping the company's accounts is not correct, and

(e) any other matter deemed necessary by the auditor.