Document text
सत्यमेव जयते
(For Web-Circulation/e-Office Internal Circulation)
कर्मचारी भविष्य निधि संगठन
Employees Provident Fund Organisation
(श्रम एवं रोजगार मंत्रालय, भारत सरकार)
(MINISTRY OF LABOUR & EMPLOYMENT, GOVERNMENT OF INDIA)
मुख्य कार्यालय / Head Office
प्लेट ए, ग्राउंडफ्लोर, ब्लॉक ॥ ईस्ट किदवई नगर, नई दिल्ली-110023
Plate A Ground Floor, Block II, East Kidwai Nagar, New Delhi-110023
Website: www.epfindia.gov.in, www.epfindia.nic.in
No. Audit/13(1)2021/COREAREAS-Part(1)/25
Date: 14.07.2026
Circular
Subject: Core Areas for the Internal Audit of the Regional Offices - Reg.
With reference to the above subject, please find the updated Core Areas for Internal
Audit of the Regional Offices w.r.t the year 2026-27, as under:
Sl. No.
1.
2.
3.
Core Areas
Sample verification of multiple payments in single bank account, amounts credited in Dummy
Account during the year, transfer out cases and change through Appendix-E entries and
Special VDR functionality during the last 5 years.
Inoperative accounts of the office and the withdrawal thereof
Un-reconciled credits of subscribers due to non allotment of UAN/or any other reason /un-
reconciled Challan
Adverse balances in accounts of the subscribers of EPFO and Unclaimed deposits/balances
4.
5.
Whether ECR is being submitted on time with complete details
6.
7.
8.
9.
COVID-19 advance scheme thereof Audit of the COVID-19 claims settlement and claims
settled through auto mode
The audit of the average time taken for passing of various types of claims by each office and
the percentage of rejected Claims. Reasons for rejection of claims and remedial action thereof
and whether the claimant was advised correctly of the reason why his claim had been rejected.
Verification of Member Profile Correction in Name/DOB/Father/Spouse/Gender and also
changes made in the KYC details such as Aadhar, Name and Bank Account by either
authorized signatories of the establishments, other employees of the establishment or some
other person outside of the establishment and verification of genuineness of establishments
Sample verification of Offline Claim and also to verify the claims settled in Offline mode
wherein amount was credited using Appendix-E and Special VDR without allotment of UAN
and non-Aadhar seeded UAN, during the last 5 years. Verification of transfer-in account not
credited to member account and amount received back and not reauthorized to beneficiaries
account and Verification of settlement of physical claims(death cases) with Aadhar related
issues
Page 1 of 4
10.
11.
12.
13.
Claims settled but delay in credit in Bank account. How many days delay & reason why. And
Amount of unclaimed balance if any and period for which not claimed
Verification of High Value Claims (5 lacs or more)
Collection of Interest on belated credit from SBI and payment of commission/service charges
to the bank.
Sample verification of TDS deduction on PF claims and deposited with IT department and
verification of remittances received by way of Demand Draft, whether it is properly
accounted, without any delay
14. Sample verification of special 10D & Special 10C cases, higher pension case and record
relating to PPO wise pension reconciliation
15.
Audit of Dual/Multiple Pension cases linked with same Aadhar, child pension and
instances of pension cases where on the date of approving PPO/release of pension -
establishment was in default.
all
16. Sample verification of coverage U/s 1(4) during the year which have more than 20 no. of
employees in the initial month
17.
Short payment of administrative charges by employer during the year and inspection charges
payable by Exempted Establishments.
18.
Test check of coverage confirmation of OLRE coverage
19. Pendency of prosecution cases under Section 14 of the Act, all pending 7A cases beyond
years and all pending arrear demand of Rs. five lakhs and above.
2
20.
Status of levy & collection of damages
21. The issue of establishment (-) Negative balance
22. Sample verification of EDLI exemption case
23.
24.
25.
Verification of expenditure/re-imbursement to the employer under PMRPY Scheme up to
2019, the audit of this scheme implemented in Field Offices and verification of
ABRY eligibility by establishments and employees from October-20 to 31st March 22).
Procurement and expenditure to be audited in the context of GFR provisions, Budget
allocation and Schedule of Administrative & Financial powers.
Physical Cleanliness of the office in terms of directives given under the Swatch Bharat
Abhiyan.
26.
Service matters of the officers/officials
27. The working of facilitation centers in RO's.
28. The time taken for and quality of resolution of grievances lodged, to be audited as per Audit
Circular dated 03.01.2025.
29.
Audit of Budget of each of the R.O.
30. Verification of correct disbursement of EDLI payments as per eligibility.
31.
Audit of inspections allotted/done through Shram Suvidha Portal (SSP)/CAIU*.
Page 2 of 4
오카
32. To verify all new member IDs (Zero Balance Account) created in application software & FO
interface and adjusting opening balance by using Appendix-E functionality during the last 5
years
33. Cases related to Pension such as disbursement of pension in r/o on non-pensioners,
disbursement of excess pension to ineligible member, remittance of pension in Bank Account
of some other person and Pension arrears.
34.
35.
36.
Audit of implementation and benefits disbursed through PMVBRY.
Verification of 100% implementation of e-Office for all employees in the office and verify
that receipts, notes, approvals and disposals are processed through e-Office without use of
paper-based files.
Test Audit of cases covered under Circular WSU/IssuesofBKG/E-49885/2024-25/16 dated
03/Apr/2025 (Circular enclosed)
37.
Operational status of Para 83.7 (2) of EPF Scheme, 1952 related to International Workers
38. Applicability of WSU Circular No. WSU/Claim processing/2025/e-1173371/36
19.09.2025 (Circular enclosed)
dated
39. Applicability of WSU Circular No. Finance/Coord/Taskforce-Delegationofpowers/2024/34
dated 18.09.2025 (Circular enclosed)
40. Applicability of WSU Letter No. WSU/2023/12/InoperativeAccountsinEPF/14882 dated
08.01.2026 (Letter enclosed)
41. Applicability of WSU Circular No. WSU/Transfer of Claims/E-52972/2024-25/005 dated
15.01.2025 (Circular enclosed)
42. Applicability of WSU Circular No. WSU/JointDeclaration/E-54018/2025-26/37
22.09.2025 (Circular enclosed)
dated
43.
Reconciliation of Suspense Accounts
44. Monthly Reconciliation of Bank Accounts
45.
Ensuring that all land and buildings are registered in the name of EPFO
46. Conducting of periodic physical verification of stores, cash in hand, furnitures & Fixtures,
office equipment, etc and obtaining bank balance confirmation certificates.
47. Maintenance of Cheque Cancellation Register
48. Maintenance of details of outstanding expenses
49. Verify whether ROs have closed the Pension Disbursement Account after due reconciliation
of Pension disbursement consequent upon adoption of Centralized Pension Processing System
(CPPS)
It is requested that the approved Core Areas may kindly be circulated to all concerned
Internal Audit Parties (IAPs) and Regional Offices (ROs) under your jurisdiction for
strict compliance while conducting the internal audit of Regional Offices during the
Financial Year 2026-27.
The Core Areas are intended as aids to the Internal Audit Party (IAP) and not to
construed as an end in themselves.
be
IAP while conducting the audit should prioritize the Core Areas, while ensuring that
all other functional areas are also comprehensively audited
Page 3 of 4
IAP is expected to examine the files, reports, returns, documents, communications,
concerned portals etc, mandatorily in relation to the Audit.
(This issues with the approval of Competent Authority)
To:
ACC (HQ)/ACC/RPFCs-I (Audit) of Zonal Offices
Copy to:
Yours faithfully,
726
Abhay Ranjan
Addl. CPFC (Audit)
i
OSD to CPFC: for information.
i.
PPS to FA&CAO/CVO/Director, PDNASS/ All ACCs (HQ) in HO: for information.
ii. PS to all ACCs in HOs: for information.
iii.
Chief Engineer: for information.
iv.
RPFC-I/ RPFC-II (ASD) (HO): for information.
v. RPFC-I (Audit) in all ZOs: for information.
vi. All RPFCs-I/RPFCs-II (Audit) in HO: for information.
vii. All IAP teams of the ZOs: for information.
viii.
Director (OL): For Hindi Version of this circular.
ix. E-Office team: for uploading on E-office.
x. Web-admin: for uploading on EPFO Website
Page 4 of 4
कर्मचारी भविष्य निधि संगठन
Employees Provident Fund Organisation
(श्रम एवं रोजगार मंत्रालय, भारत सरकार)
(MINISTRY OF LABOUR & EMPLOYMENT, GOVERNMENT OF INDIA)
मुख्य कार्यालय / Head Office
Subject: Test Audit of cases covered under Circular
WSU/IssuesofBKG/E-49885/2024-25/16 dated 03/Apr/2025.
It is to state that there is a need to conduct a Test Audit of the cases covered in
the above circular to examine the impact as well as the efficacy of the
instructions issued. Accordingly, necessary suitable further action in this regard
may kindly be taken up by the Audit Division at the earliest by taking a
reasonable sample size from different zones.
[This issues with the approval of FA&CAO]
13/06/2025
Raman Dhanasekar
RPFC-I (WSU)
ACC(HQ)/Audit
No-WSU/E-49885
Date: 13 /Jun/2025
सत्यमेव जयते
कर्मचारी भविष्य निधि संगठन
Employees Provident Fund Organisation
(श्रम एवं रोजगार मंत्रालय, भारत सरकार)
(MINISTRY OF LABOUR & EMPLOYMENT, GOVERNMENT OF INDIA)
मुख्य कार्यालय / Head Office
प्लेट ए. ग्राउंडफ्लोर, ब्लॉक ॥ ईस्ट किदवई नगर, नई दिल्ली-110023
Plate A, Ground Floor, Block II, East Kidwai Nagar, New Delhi-110023
Website: www.epfindia.gov.in, www.epfindia.nic.in
No: WSU/lssuesofBKG/E-49885/2024-25/16
To,
All ACC (HQ)/ACC (Zones)
All RPFC-I/RPFC-II/APFC OICS
Date: 3/April/2025
Subject: Removal of uploading of the image of cheque leaf/ attested
bank passbook and Removal of the requirement of
Employer approval for seeding bank account details with UAN -reg.
Madam/Sir,
In continuation of earlier efforts to facilitate the speedy settlement of
claims filed online and to reduce the rejection of claims due to the reason of non-
uploading of the image of cheque leaf/ attested bank passbook while filing claims
online, it has been decided that the members shall not be required to upload the
image of cheque leaf/ attested bank passbook at the time of filing a claim
provided the bank account seeded with UAN is validated by concerned
bank/NPCI, with effect from the date of this circular.
It has also been decided that there shall be no requirement of approval
of Employer in the bank account seeding process henceforth. Further, all
requests pending for bank KYC seeding at Employer level will be auto-approved
following the verification process from the Bank/NPCI.
[This has the approval of CPFC]
Yours sincerely,
G. R. Suchindranath
ACC (WSU)
Copy to:
1. ACC-HQ (ISD)- For information and necessary actions.
2. ACC- HQ (C&PR)- To suitably disseminate the above decision through Social
Media.
सत्यमेव जयते
कर्मचारी भविष्य निधि संगठन
Employees Provident Fund Organisation
(श्रम एवं रोजगार मंत्रालय, भारत सरकार)
(MINISTRY OF LABOUR & EMPLOYMENT, GOVERNMENT OF INDIA)
मुख्य कार्यालय / Head Office
प्लेट ए,
ग्राउंडफ्लोर, ब्लॉक ॥ ईस्ट किदवई नगर, नई दिल्ली-110023
Plate A, Ground Floor, Block II, East Kidwai Nagar, New Delhi-110023
Website: www.epfindia.gov.in, www.epfindia.nic.in
No. WSU/Claim processing/2025/e-1173371/36
Dated: 19 SEF 2025
To
All ACCs (HQ), Zones
All ACCs, Zones
All Regional P.F. Commissioners, In-charge of ROs
Subject: Part payment of PF final settlements - Reg.
Madam/Sir,
Instances of rejecting the final Provident Fund settlement claims citing
various reasons of short/non-remittance of contributions by employers for
certain periods or non-transfer of previous PF account/past accumulations etc.
have been noticed. In this regard the provisions of para 10.11 of the Manual of
Accounting Procedure Part-IIA categorically allows processing of such claims for
part payment of the available accumulations in the account of the member. Needless
to say, on receipt of the full contributions or the transfer-in amounts, further action
should be taken to pay the balance to the members expeditiously.
Accordingly, all offices are hereby advised not to reject such claims but to
ensure processing such claims for part payments as per the above provisions to
avoid any financial distress to the members/claimants.
[This issues with the approval of the CPFC]
هش
1919
(GR Suchindranath)
ACC(WSU)
E-Office/ Web Circulation
सत्यमेव जयते
कर्मचारी भविष्य निधि संगठन
Employees Provident Fund Organisation
(श्रम एवं रोजगार मंत्रालय, भारत सरकार)
(MINISTRY OF LABOUR & EMPLOYMENT, GOVERNMENT OF INDIA)
मुख्य कार्यालय / Head Office
प्लेट ए, ग्राउंडफ्लोर, ब्लॉक ॥ ईस्ट किदवई नगर नई दिल्ली-110023
Plate A. Ground Floor, Block II, East Kidwai Nagar, New Delhi-110023
Website: www.epfindia.gov.in, www.epfindia.nic.in
No. Finance/Coord/Taskforce-Delegationofpowers/2024/34
To,
Date:
1 8 SEP 2025
All Addl. CPFC (Zones),
All RPFCs - In charge of Regional Offices
Sub: Simplification/Revision of Delegation of Power for exceptional transactions- Reg.
Ref: (i) Head Office circular No. FIA/11(2)Zerobalance/nonAadharUAN/2021/(e- 38763)/964 dated
18.08.2021.
(ii) NDC email dated 07.01.2022 on 'Changes incorporated in version 9.29' addressed to all
Field Offices.
Madam/Sir
With reference to the above, the following simplifications and revised delegations with regard
to the approval of exceptional transactions have been approved by the Competent Authority:
Sl. No.
Work Area
EXISTING
PROVISION/DELEGATION
REVISED DELEGATION
Nature
Competent
Authority
Monetary
limit
Authority
1
TDS deduction (claims)
Member
VDR Special
RPFC-I
All cases
DA-> AО
2
Crediting of transfer-in
rejected cases
Member
VDR Special
RPFC-I
All cases
DA-> AO
3
Addition of previous EPS
service in respect of both
Exempted and Un-
Exempted establishments
Member
VDR Special
RPFC-I
All cases
DA -> AO
4
Crediting of un-accounted
Past Accumulations &
Transfer-ins.
Member
VDR Special
RPFC-I
All cases
DA -> AO -> APFC
5
6
Crediting of missing
interest in some transfer-
in cases - received after
annual accounts
Adjustment of service
period and contributions
for rejoining/multiple
joining cases under same
member id
Member
VDR Special
RPFC-I
All cases DA -> SS ->APFC
Member
VDR Special
RPFC-I
All cases
DA-> SS -> AO
7
LIP maturity
Member
VDR Special
DA-> SS -> APFC
All cases
DA-> AО -> APFC
8
Refund of EPF advances
Member
VDR Special
RPFC-I
All cases
DA-> AO -> APFC
9
Debiting of excess
interest credited by the
application software (in
r/o inoperative accounts)
Appendix-Е
RPFC-II/APFC
All cases
DA-> AO
10
Merging of erroneously
paid EPS contributions
with employer's share of
EPF
Appendix E
RPFC-I
All cases
DA-> SS-> AO
11
Diversion of EPS
Icontributions
from
Employer share of EPF to
Pension fund
Appendix E
APFC/RPFC-II
All cases
DA-> SS -> AO
12
Adjustment
of
contributions between
employer share of EPF
and EPS
Appendix Е
APFC/RPFC-II
All cases
DA-> SS -> AО
13
Adjustment of non-
contributory period (NCP)
days
Appendix Е
APFC/RPFC-II
All cases
DA-> SS -> AО
14
Other Interest
Appendix E
RPFC-I
All cases
DA-> AO -> APFC
15
Transfer of 1.16%
contribution with interest
from ER share to EPS
share on account of EPS
contribution on higher
wages
Appendix E
APFC/RPFC-II
All cases
DA-> AO
2.
audit.
All cases of Appendix-E as well as Special VDR would be part of both concurrent and regular
(This issues with the approval of CPFC)
Yours faithfully,
(GR Suchindranath)
Additional CPFC (WSU)
सत्यमेव जयते
कर्मचारी भविष्य निधि संगठन
Employees Provident Fund Organisation
(श्रम एवं रोजगार मंत्रालय, भारत सरकार)
(MINISTRY OF LABOUR & EMPLOYMENT, GOVERNMENT OF INDIA)
मुख्य कार्यालय / Head Office
प्लेट ए, ग्राउंडफ्लोर,
ब्लॉक ॥ ईस्ट किदवई नगर, नई दिल्ली-110023
Plate A, Ground Floor, Block II, East Kidwai Nagar, New Delhi-110023
Website: www.epfindia.gov.in, www.epfindia.nic.in
No: WSU/2023/12/InoperativeAccountsinEPF/
To
All ACCs-(HQ)/ACCs
Zonal Offices.
1/14882
Dated:08/Jan/2026
08 JAN 2026
Subject: Prompt Liquidation of Inoperative Accounts - regarding
References:
1. Head Office letter no. WSU/INOPERATIVE ACCOUNTS/E-300140/2224-25/14
dated 27.03.2025
2. Head Office letter no. E-300140/11 dated 26.06.2025.
3. Head Office letter no. WSU/2025/INOPERATIVE ACCOUNTS/Pt./E-1084586/30
dated 22.08.2025
4. Head Office letter no. WSU/2025/INOPERATIVE ACCOUNTS/Pt./13246 dated
22.10.2025
5. Email reminders dated 01.09.2025, 11.09.2025, 22.09.2025, 25.09.2025 and
04.12.2025.
Sir/Madam,
Please refer to the subject and references cited above.
Your attention is invited towards the deliberations held during the HLEM meeting on
30.12.2025, wherein the issue of liquidation of inoperative accounts and KYC seeding
thereof was reviewed in detail.
The matter has also been deliberated in F&AC and Executive Committee and the
members have raised serious concern about the pendency of inoperative accounts.
Hon'ble HLEM has identified inoperative accounts as a priority area and expressed
serious concern over the slow and uneven progress across Zones and Regional
Offices, despite repeated reminders and assurances.
2. It has been observed with concern that the performance of several Zonal and
Regional Offices remains unsatisfactory, with negligible improvement since the last
Page 1 of 3
review. Certain Regional Offices continue to figure among the lowest-performing
offices in terms of number of inoperative accounts and amount involved, which was
viewed adversely during the deliberations. The Competent Authority has expressed
displeasure over the lack of visible progress and has directed.immediate, focused and
time-bound corrective action.
3. In pursuance of the above, you are hereby requested to ensure the following actions
are undertaken on priority basis in all Regional Offices under your jurisdiction:
(i) Appointment of a dedicated Nodal Officer for inoperative accounts in each RO,
assisted by an AO/SS-level officer, and constitution of an Inoperative Accounts Cell
with clearly defined responsibilities. Target Date - 12.01.2026.
(ii) Creation of inoperative accounts help desk at PRO with proper signage. Zonal
Offices are requested to seek the Photographs of the help desk from the Regional
Offices. Target Date - 14.01.2026.
(iii) Launch of a Special Drive for priority settlement of inoperative accounts,
particularly accounts having balances above ₹1 lakh, including nudging of members
through employers and/or direct contact using MIDs available in OIC login, with due
safeguards to prevent any misuse. Target: Special drive to be launched by 12.01.2026
(Monday).
(iv) Launch of a Special Drive for KYC seeding in the ₹0–50,000 category on top
priority, including nudging of members through employers and/or direct contact so that
on completion of KYC exercise, centralized disposal of these inoperative accounts can
be explored. Target: Special drive to be launched by 12.01.2026 (Monday).
(v) Conduct of Awareness campaigns at RO level on inoperative accounts so that
members can claim their PF, including inclusion of this agenda in monthly NAN and
other outreach platforms. Target: to be included in 27.01.2026 NAN and subsequent
NAN.
(vi) Preparation of a dedicated communication and action plan for sustained disposal
of inoperative accounts, including focused engagement with the top 20 employers
having maximum pendency. Target: complete 1st round of engagement by
31.01.2026.
(vii) Member Ledger Cleaning of inoperative accounts exercise be taken up for cases
wherever unaccounted balance in lying in the member ledger. Similar to negative
entries removal exercise carried out in past, respective ledger be thoroughly verified
and wherever required the member ledger cleaning be carried out after due verification
so that workload of respective field office is adjusted accordingly. Target: Member
Ledger cleaning to be completed by 15.02.2026.
Page 2 of 3
4. For effective monitoring, a spreadsheet-based monitoring mechanism is
implemented (spread sheet attached). All Regional Offices may be advised to update
the shared spreadsheet on a weekly basis, capturing progress on liquidation and KYC
seeding of inoperative accounts. Zonal Offices shall review and validate the data
before onward monitoring at Head Office.
5. You are also requested to ensure that specific bottlenecks such as data issues,
section-level pendency, coordination gaps with employers/members, or manpower
constraints are identified and addressed through concrete, result-oriented measures.
6. The performance of all Zonal and Regional Offices, particularly the lower-performing
offices, shall be reviewed in the forthcoming review meetings. You are, therefore,
requested to ensure that adequate preparatory action is taken well in advance and
that measurable improvement is achieved.
esmMalle
(Roli Shukla Malge)
Financial Advisor & Chief Accounts Officer
Page 3 of 3
:68,
सत्यमेव जयते
कर्मचारी भविष्य निधि संगठन
Employees Provident Fund Organisation
(श्रम एवं रोजगार मंत्रालय, भारत सरकार)
(MINISTRY OF LABOUR & EMPLOYMENT, GOVERNMENT OF INDIA)
मुख्य कार्यालय / Head Office
प्लेट ए, ग्राउंडफ्लोर,
ब्लॉक ॥ ईस्ट किदवई नगर, नई दिल्ली- 110023
Plate A, Ground Floor, Block II, East Kidwai Nagar, New Delhi-110023
Website: www.epfindia.gov.in, www.epfindia.nic.in
No: WSU/JointDeclaration/E-54018/2025-26/37
For Internal Circulation
Date: 22 /Sept/2025
To,
All Addl. CPFC (Zones),
All RPFCs/OICs (Field Offices),
Subject: Further Simplification of Joint Declaration Process for Member Profile
Changes - Reclassification of Category B Cases
In continuation to this office Circular dated 16th January 2025 on "Simplification of Joint
Declaration", the following further instructions are issued.
Now, in order to further enhance the ease of making changes in Member Profiles and
improving the member experience, it has now been decided that:
All cases presently falling under Category B of the aforesaid Circular (i.e., Member
IDs linked with UANs generated prior to 1st October 2017, where Name, Date of
Birth, and Gender were validated through UIDAI and JD requests are received
online) shall be reclassified under Category A, provided that:
a. The Name, Date of Birth, and Gender of the member are exactly the same
across all Member IDs under a single UAN; and
b. These details also exactly match with the data available in Aadhaar
Such reclassified cases shall be processed as Category A cases, and changes in all
profile parameters excluding Name, Date of Birth, and Gender shall be permitted
accordingly.
The above relaxation shall, however, not apply to those cases under Category B
where online Transfer Claims were received up to 06th January 2023 and have
already been processed.
(This issues with the approval of CPFC)
Yours sincerely,
22/9
G. R. Suchindranath
Addl. CPFC (WSU)
ASO
Me
25/03/26
कर्मचारी भविष्य निधि संगठन
Employees Provident Fund Organisation
(श्रम एवं रोजगार मंत्रालय, भारत सरकार)
(MINISTRY OF LABOUR & EMPLOYMENT, GOVERNMENT OF INDIA)
मुख्य कार्यालय / Head Office
प्लेट ए, ग्राउंडफ्लोर, ब्लॉक- 1, ईस्ट किदवई नगर, नई दिल्ली-110023
Plate A, Ground Floor, Block II, East Kidwai Nagar, New Delhi-110023
Website: www.epfindia.gov.in, www.epfindia.nic.in
Balance Sheet Section
Sub:- Inclusion of Recurring Audit Observations in Annual Audit Plan and Audit Manual
It has been observed from the Inspection Reports issued by the State Accountant General in
respect of Annual Accounts of the Zonal/Regional Offices and Separate Audit Report issued by CAG on
the Consolidated Annual Accounts of Employees' Provident Fund Organisation, as well as during the
discussions held in the meetings of the FAC, Executive Committee, and CBT, that certain audit
observations are recurring in nature.
The details of such recurring observations are as under:
1. Reconciliation of Suspense Accounts.
2. Reconciliation of TDS payable on credit of interest and settlement of claims, including TDS on
3.
higher pension, and ensuring timely remittance.
Monthly reconciliation of Bank Accounts.
4. Maintenance of Fixed Assets Register and calculation of depreciation as per prescribed rates and
method (Straight Line Method).
5. Maintenance of records/registers of SRF.
6. Maintenance of records/registers of overpayments and irregular payments, along with monitoring
of recoveries.
-7. Maintenance and reconciliation of records relating to NPS contributions payable
8. Maintenance of records of refundable Security Deposits.
9
Maintenance of records of Security Deposits (Advances to Parties).
10. Maintenance of Advance Register, including recovery of advances granted to staff along with
applicable interest.
11. Ensuring that all land and buildings are registered in the name of EPFO.
12. Conduct of periodic physical verification of stores, cash in hand,
equipment, etc., and obtaining bank balance confirmation certificates.
13 Maintenance of Valuable Documents Register.
14. Maintenance of Cash Book/Bank Book
15. Maintenance of Cheque Cancellation Register.
16. Maintenance of details of outstanding expenses.
furniture & fixtures, office
In view of the above, the Audit Division is requested to ensure that the aforesaid areas are invariably
included in the Work Area/Annual Audit Plan of the Internal Audit Party on a permanent basis. Further.
these items may also be incorporated appropriately in the Audit Manual for strict compliance.
RC-(Audt)
for m'a
Al
ACC (Audit)
U. O. No. BSC 12(1) 2025/Remittance/E-10044771/6605
e es s for Na, Hf
ARS
(G. R. Suchindran
ACC (F&A)
Date 24 MAR 2026
②P.s to FATCAO Acc (80 Andit for hnfornt
f
