AUDIT COMMITTEE

Leadership

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Mr. K S Gopalakrishnan

Chairperson

 

Members

 
  1. Mr. Kartikey Kandoi
  2. Mr. Richard Holloway
  3. Mr. Viren H Mehta
  4. Ms. Shilpa Mehta

IAI Secretarial Support

  1. Mr. Irfan Siddique, Assistant Manager

Functions

The functions of the Audit Committee is to assist the Council in the following matters:

  1. Recommend appointment of internal and external auditors to the Council.
  2. Prepare an internal audit plan for every financial year in consultation with the internal auditor.
  3. Discuss audit findings with the internal auditor and statutory auditor.
  4. Liaise with IAI management to ensure closure of all audit items.
  5. Recommend process improvements to the Council based on the Audit findings.
  6. Ensure all other statutory audits are completed.
  7. Recommend annual audited accounts and financial statements to the Council.
  8. Review all tax compliances and recommend appropriate steps to the Council.
  9. Review statutory compliances related to filing of any statutory returns and any statutory payments.
  10. Other functions that may be assigned to this Committee from time to time by the Council.

     

Reporting:

The Committee shall report to the Council.

Updated on 19th August, 2025

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