Page 144 - KRCL ENglish

Sr. No.
Emphasis
of Matter Statutory Auditor's Remarks Management Reply
Para:

not maintained in IT System. Only of integration. Similarly, other
the contract wise details of settled shortcomings like absence of Sub
transactions are generated in IT ledger for parties, xed asset
system. Due to this the age wise register etc. have also been taken
analysis of the outstanding dues, care in the new Financial
classication of Micro, Small, Accounting system.
Medium Enterprises and details of
timely repayment of dues could
not be generated from IT System
and manual intervention is
involved in this aspects.

Consumption of Inventory and
Stock lying at the respective
storage locations are not yet
maintained in the IT systems and
manual records are maintained by
the Company at each storage
locations. Due to which, the details
regarding the Movement Analysis,
Age-wise analysis and purchase of
inventories despite having
sufcient inventory balances could
not be generated from the IT
system and manual intervention is
i n v o l v e d i n t h i s a s p e c t s .

Fixed Asset Register is not
maintained in IT System and
complete records are maintained
in the excel le. Due to which
manual calculations have been
carried out for working of
Depreciation amount which
involves the manual intervention in
this process.

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