Page 29 - AQAR_2018-19

CHARUSAT Works with the values of Honesty, Integrity, and Transparency. It has
adopted a system to draw a yearly financial budget. Accordingly, every quarter
the budget is reviewed with actuals in the committee’s meeting. Variances are
drawn and actions are taken to minimize the negative variance. Records are kept
in the soft as well as hard copies. Internal as well as external audits are
being carried out by Professionals (CAs). Effective controls are also set. It
is also following the makers checkers’ concept. Final accounts are prepared by
following accounting principles.

6.4.2 – Funds / Grants received from management, non-government bodies, individuals, philanthropies during the
year(not covered in Criterion III)

Name of the non government Funds/ Grnats received in Rs. Purpose
funding agencies /individuals
Sophos Technologies Pvt. 2109355 Charusat Development
Ltd, Rajnibhai Fund, Library Book for
Gordhanbhai Patel, Financialy Poor Girl
Jayaben Ramanbhai Patel, Students, Gold Medal and
Jayeshbhai M. Patel, Research Fund
Atulbhai Jethabhai Patel
No file uploaded.

6.4.3 – Total corpus fund generated

325993904

6.5 – Internal Quality Assurance System
6.5.1 – Whether Academic and Administrative Audit (AAA) has been done?
Audit Type External Internal

Yes/No Agency Yes/No Authority

Academic Yes Individual Yes IQAC CHARUSAT
External
Experts
Administrative Yes Individual Yes IQAC CHARUSAT
External
Experts

6.5.2 – What efforts are made by the University to promote autonomy in the affiliated/constituent colleges? (if
applicable)
o University policies and strategies are designed and planned to impart
autonomy to each constituent institute with respect to finance, human resources
as well as academics. o Academic flexibility allows each constituent institute
to offer courses under CBCS system and provides freedom to introduce new core
as well as elective courses in tune with the latest developments in respective
fields. o Students of constituent institutes can choose their project topics
and supervisors within the institute. Those willing to carry out
interdisciplinary projects are facilitated to obtain intellectual and
infrastructural support from other relevant institutes. o For the dual degree
programs, university has offered flexibility to the student to exit the program
after undertaking minimum studies and earning UG degree to pursue other career
options or continue the program for earning dual (UGPG) degree. o University
encourages every constituent institute to identify and focus on their thrust
areas of research, considering their own strengths and goals. o Autonomy in
curricula design, pedagogy, and continuous assessment is extended to all
faculty members.